Saturday 18 August 2012

Facebook shares plunge again

If you want a great item to bet again, you can bet that facebook shares will continue to fall. Just look at the news of Facebook losing half of it's value in a short period of time of being a publicly traded company:

http://www.bbc.co.uk/news/business-19295990

Facebook probably has more room to lose more money. The company is struggling to generate more income and it has been widely reported that 80% of the links that advertisers pay for on Facebook are from robots and that Facebook has done nothing about this to clean this up. This is leaving advertisers really pissed off as they pay for traffic and don't see great results, which causes them to never come back and to share their experience with their trusted friends.

So facebook shares plunge and it is certainly an entertaining thing to watch. Just don't invest in facebook unless you see the share values drop a further 20% then we would recommend to buy and stay put.

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