iBankCoin
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

Surprise, Surprise, About Facebook

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It is hard for me to believe the above infographic, considering that I could find far more entertainment on Twitter and YouTube. But it just goes to show that the conventional wisdom on Twitter (of which I am probably a party to) that “Facebook is obsolete and Twitter is where it’s at” may not be as far-reaching as you may think…yet, anyhow.

Food for thought, indeed.

As far as the stock, I would key off this 30-minute setup and have a 1.5 point bracket– Meaning below $50 I expect a sharp bout of selling, while above $51.50 the shorts probably get squeezed.

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6 comments

  1. jtjudah

    Agreed and the infographic is misleading as people may log onto FB but the level of engagement is very low, they are not really interacting and paying attention like they do on YT, Twitter/stocktwit and email clients. Eventually marketeers will know this and pull the plug on FB. In the meantime, we ride the wave.

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  2. bdsel

    You are wrong jtjudah. You must not have a lot of friends on Facebook. Im not saying it to be mean. I have over 1000 friends and my feed is constantly updated with pictures and statuses. I care about a bunch of these people. I care where they are and what they are doing in their lives. I AM ENGAGED when I am viewing this feed and get a lot of entertainment from viewing my friends or acquaintences profiles. People use facebook to stay connected and check up on friends. This is not changing and people are thoroughly engaged.

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  3. UncleBuccs

    I actually had a smart-ass manager tell me “If you’re tweetin’, you’re cheatin'”… I really couldn’t argue. My standard response in situations such as this is “I’ll do better”… lol!

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  4. nick b

    Bdsel, you may check on your friends, but are you buying from any of FB ad etc? I think that’s what jtjudah meant, thus the advertisers are good to start, but when they see no results from their ad spending itwill be pulled imho

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