Nico Black on Facebook, Inc. (FB) until Jan 01, 2013
Nico Black on Facebook, Inc. (FB) until Jan 01, 2013
Jun 04, 2012
Views:878
Facebook's main moneymaker is in their advertising platform... while initial estimates of how much to spend on the stock were inflated that is because of speculation. By the time this fiscal year ends Facebook will perform exceedingly well. Just like it was the case with Google's main moneymaker Adwords, so will Facebooks ad platform evolve, be optimized and yield even better performance. The scope of data collected by their advertisers and the clever move into linking local business with users will undoubtedly result in a strong performance this year.
This trade idea is the opinion of its author, and does not necessarily represent TheStreetHub.
This is the opinion of its author, and does not necessarily represent BestStock.
100% (2 of 2) are convinced
Nico Black recommends buying FB
This idea expired
Jan 01, 2013
FB
24.3
+0.09
(+0.37%)
(+0.37%)
| Facebook, Inc. (NasdaqNM) | |||
|---|---|---|---|
| Range | 24.10 - 24.36 | Previous | 24.21 |
| 52 week | 17.55 - 45.00 | Open | 24.19 |
| Volume | 2717977 | Mrk Cap | 58.755B |
| 6/19/2013 9:51am | |||
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Web
Bio
I have been in the IT industry since 2003, satellite communications, VoIP, software and Internet based consumer marketing. Knowing ...
