betting against Facebook
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- letterhead0
Here is everyone's golden opportunity to make a better site than Facebook. Right now. Go. If you don't make it, someone else will.
- identity0
there's the possibility for a cultural revolt of facebook (and other such sharing programs) but I doubt it. Everyone who is saying Facebook is a "fad" isn't recognizing that Facebook has increasingly made things like "sharing", "liking", "posting", etc. a cultural norm.
Just as we didn't revert back to the horse and carriage when the car industry collapsed - we too won't (see: can't) go back to a life pre-social network. Facebook (myspace, friendster, etc.) solved a problem that we didn't know we had; the instantaneous ability to share our lives with those we care about. Facebook owns this market because of their user-base and marketshare (not to mention an endless list of patents).
We could have what amounts to the arts & crafts movement - where we grow tired of the factory-produced, badly-crafted products that factories are spitting out in leu of a finely, artisan crafted object. The obvious substitutions for Arts & Crafts being a service like Path and the factory being Facebook - but I doubt it. If facebook can manage to stay in the background (ads, bullshit, etc.) and allow the service to remain in the forefront (photos, messaging, etc.) it will be fine.
- i_monk0
I'd like to see FB replaced by something decentralized and platform-neutral. But that means everyone hosting their own page, or just displacing it all to "the cloud" which then has to be hosted and probably couldn't be non-proprietary/neutral/open/gra...
- randommail0
2002,
is it reasonable to think that I can I play via ameritrade for something like $5k?- if not, what would you suggest?randommail
- or $10K? is this all dumb to put into FB?randommail
- 20020
randomail
Yes thats a good sum to start. Depends on what you want to do with that.
- Short term trade: buying high volatility stocks and selling them with in a week (inverse ETFs / short selling).
- Long term trade: slowly buying mixture of stocks that you like. You can start with 5-10 shares on stuff you like and slowly build it up by buying more of same shares. You want to hold on to this for at least a year.Don't think of dollar value you earn. Its not about dollar but percentage you get from it. You can buy say 5-10 different stocks at 5-10 share per company. Keep it and see if your mixture strategy is working. Don't look at what you have made in $$$. That won't matter. Looking at % will show that you are doing something right and show how to adjust your strategy (buying more of the same or sell / buying another).
- 20020
If you are trading on margin, the margin call is next day.
If you put in $5k, you will get about $10k in margin. Margins are expensive. If you plan to use margin, you have to make sure that your trade will be profitable, cover margin costs etc.
- hotroddy0
Facebook gave investors something to ponder ahead of its mid-May IPO, when it filed an amended S-1 to report lower quarterly revenue and net income for the first three months of 2012.
- Llyod0
better than yahoo