Originally posted by The Spartan
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Reply to: HTF does facebook make a loss?
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Previously on "HTF does facebook make a loss?"
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Originally posted by fullyautomatix View PostThat was much before the IPO and then they priced it at 38$ which to at least 70% over priced. I have since then argued that they are way over priced and ripe for a stock crash.
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Originally posted by escapeUK View PostI can only point back to the thread where I argued that facebook was a bad investment. It provides nothing of worth.
http://forums.contractoruk.com/accou...ok-shares.html
That was much before the IPO and then they priced it at 38$ which to at least 70% over priced. I have since then argued that they are way over priced and ripe for a stock crash.
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I can only point back to the thread where I argued that facebook was a bad investment. It provides nothing of worth.
http://forums.contractoruk.com/accou...ok-shares.html
Originally posted by jmo21 View PostBut as others have said, I'm not looking for stock buying adviceOriginally posted by Dante View PostSome of the investing "advice" on this thread is hilarious. Don't buy Facebook because the founder "doesn't care much for money"? Or "They're the next Friends Reunited"?
How out of touch are these clowns?Originally posted by fullyautomatix View PostOnly a fool would argue that FB is not worth what investors think its worth.
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Originally posted by d000hg View PostI mean Google is just a website but they built practically an entire town... I've driven down Google Avenue!
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Originally posted by vetran View PostBut Facebook royalties LTPC (Limited Tax Paying Company) incorporated in Sunny Tax Haven made a Billion?
its a web site, its not like they have lots of Brick & Mortar costs.
shocked its only $1.26B
They can't be cheap to run.
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Originally posted by d000hg View PostExcept for vast datacentres. And fancy offices in the most expensive prime locations going.
I mean Google is just a website but they built practically an entire town... I've driven down Google Avenue!
I can make a website, which does exactly what Google does, in 2 days.
Minestrone.
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Originally posted by d000hg View PostExcept for vast datacentres. And fancy offices in the most expensive prime locations going.
I mean Google is just a website but they built practically an entire town... I've driven down Google Avenue!
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Originally posted by vetran View PostBut Facebook royalties LTPC (Limited Tax Paying Company) incorporated in Sunny Tax Haven made a Billion?
its a web site, its not like they have lots of Brick & Mortar costs.
shocked its only $1.26B
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Originally posted by vetran View Postits a web site, its not like they have lots of Brick & Mortar costs.
I mean Google is just a website but they built practically an entire town... I've driven down Google Avenue!
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But Facebook royalties LTPC (Limited Tax Paying Company) incorporated in Sunny Tax Haven made a Billion?
its a web site, its not like they have lots of Brick & Mortar costs.
shocked its only $1.26B
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They've been spending a lot more on stuff like TV ads & mobile platforms. Also, one assumes doing an IPO is pretty expensive; especially in California the amount of lawyer-time will be astronomical. And of course FB is still growing in terms of staff.
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Facebook does not need to make a profit. It is there for another purpose. Just see who is running it
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HTF does facebook make a loss?
Facebook has reported a loss of $59m (£37m) despite seeing revenues rise 32% during the third quarter.
The world's most popular online social network revealed that its income rose to $1.26bn, between July and September.
The revenues exceeded expectations, but Facebook's performance remains in the red, following a loss of $157m in the previous quarter.
Beeby linky
Are they just pnissing all the money up the wall on crap like instagram?Tags: None
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