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dlhunter wrote:
Mar 27th, 2014 1:53 pm
wait for 63 at least :-) I'm targeting 64 for some shares, that's previous support...
I'm a day trader haha. Ended up selling at $61.75 ($2.50 profit), and just bought back at $60.60 ($7 per trade commission)
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Mar 21, 2011
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Hello, im wanting to invest in facebook stock but dont know where to start. How should one go to purchase stock and trade?
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freshsince90 wrote:
Mar 31st, 2014 12:01 pm
Hello, im wanting to invest in facebook stock but dont know where to start. How should one go to purchase stock and trade?
....... troll?
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Facebook says WhatsApp deal cleared by FTC
11 minutes ago by Thomson Reuters
By Alexei Oreskovic

SAN FRANCISCO, April 10 (Reuters) - Facebook Inc said U.S. regulators have cleared its $19 billion acquisition of mobile messaging service WhatsApp, even as the Federal Trade Commission warned the two Internet companies on Thursday that they must not backtrack on commitments to user privacy.

The FTC's Bureau of Consumer Protection, in a letter to the two companies on Thursday, said WhatsApp must adhere to its current privacy practices after the merger, including a promise not to use WhatsApp users' personal data for targeted ads.

"If the acquisition is completed and WhatsApp fails to honor these promises, both companies could be in violation of Section 5 of the Federal Trade Commission Act and, potentially, the FTC's order against Facebook," the letter from Jessica Rich, director of the consumer bureau, read.

The letter did not address the status of the government's review of the merger on antitrust grounds. FTC spokesman Jay Mayfield said the agency does not comment on investigations.

But a Facebook spokeswoman said that the deal has been approved in the United States, though it has not yet been approved in Europe.

"We're pleased the FTC has completed its review and cleared our acquisition of WhatsApp. Naturally, both companies will continue to comply with all applicable laws after the transaction closes," Facebook said in a statement.

The move brings Facebook, the world's No. 1 online social network, closer to completing the largest deal in its 10-year history, which will give Facebook an important asset in the fast-growing mobile messaging market.

WhatsApp, which allows mobile phone users to send each other messages, has had a longstanding commitment to not collect user data for advertising purposes. WhatsApp stores users' mobile phone numbers, but unlike many online services, it does not collect user names, emails and other contact information.

Some privacy advocacy groups are worried that that commitment could be scrapped after WhatsApp becomes part of Facebook, which generates the majority of its revenue by showing ads that target users by age, gender and other traits.

In the letter to Facebook and WhatsApp, the FTC's Rich said the companies must obtain user consent if they use any of the data collected by WhatsApp in different ways than they presently do.

Facebook is required to get user consent for certain privacy changes as part of a 2011 settlement of federal charges that it deceived consumers and forced them to share more personal information than they intended.

"The FTC staff will continue to monitor the companies' practices to ensure that Facebook and WhatsApp honor the promises they have made to those users," the letter said. (Reporting by Alexei Oreskovic; Editing by Leslie Adler)

The no targeted ads deal...is that for the lifetime of the company? If so, that just made this deal a whole lot worse....
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over 110% gains in my long position so far

bought a bunch of calls last week too.

I love everyone!!! What a great ER
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daivey wrote:
Mar 31st, 2014 12:08 pm
....... troll?
....... reverse troll?
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Cha Ching....>$78 per share in the pre market!
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deal_with_singh wrote:
Jul 24th, 2014 7:45 am
Cha Ching....>$78 per share in the pre market!
But... but I barely own any shares! Still holding from my IPO buy, but I sold like half my position for a loss. net gain at this point, but not much to work with!
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On page 9 when I said its going up to 70$ again people like dlhunter and deal with singh laughed at me
[OP]
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saadt1988 wrote:
Jul 24th, 2014 10:01 am
On page 9 when I said its going up to 70$ again people like dlhunter and deal with singh laughed at me
So your crystal ball turned out to be right this time. Where is it headed now?
IMO, it's way overbought and overvalued. But I'll not touch it until $80 to short. Markets are too heavy, no big institutions committing new money and few sell, hence volume is light, but price keeps climbing. If we dip in the next few days, it will get bought. Seems like powers have certain number to hit before selling starts, and I get a feeling they are buying to have more munition when time comes to sell (forcing action on volume)
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dlhunter wrote:
Jul 24th, 2014 5:08 pm
So your crystal ball turned out to be right this time. Where is it headed now?
IMO, it's way overbought and overvalued. But I'll not touch it until $80 to short. Markets are too heavy, no big institutions committing new money and few sell, hence volume is light, but price keeps climbing. If we dip in the next few days, it will get bought. Seems like powers have certain number to hit before selling starts, and I get a feeling they are buying to have more munition when time comes to sell (forcing action on volume)
interesting thoughts.... but what if they keep destroying the earnings? There's lots of potential here. Reminds me of netflix - lots of potential to grow.
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ItechJester wrote:
Jul 24th, 2014 7:15 pm
interesting thoughts.... but what if they keep destroying the earnings? There's lots of potential here. Reminds me of netflix - lots of potential to grow.
re: potential of growth
1. share of mobile ad revenue has barely moved since last Q. it's getting mature and since most of the users have mobile app, growth here will not be explosive (unless FB keeps adding new users).
2. payments/fees for in-app purchases will suffer as users migrate to mobile and FB will not get its cut (GOOG and APPL will).
3. Ad/payments revenue solely depends on teens still loving FB. If teens decide it's not cool anymore, guess what will happen.
4. FB business (ads/payments) is up against GOOG model. GOOG is no slouch, they have talent and means to innovate. FB is stepping on GOOG toes and stealing some of the ad revenue.
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saadt1988 wrote:
Jul 24th, 2014 10:01 am
On page 9 when I said its going up to 70$ again people like dlhunter and deal with singh laughed at me
I have no idea what you're talking about, I've always been bullish on FB and argued against dlhunter when he said we'd see $50 before $xx....and I said we'd see $70 before $50. I've just been in and out of FB as I trade it almost on a daily basis. My last batch was a sell at $68 or something and buy back at $66, it fell down lower to $62, and yesterday peaked at $78.XX. Letting the dust settle before I begin day trading again.
dlhunter wrote:
Jul 25th, 2014 12:01 pm
re: potential of growth
1. share of mobile ad revenue has barely moved since last Q. it's getting mature and since most of the users have mobile app, growth here will not be explosive (unless FB keeps adding new users).
2. payments/fees for in-app purchases will suffer as users migrate to mobile and FB will not get its cut (GOOG and APPL will).
3. Ad/payments revenue solely depends on teens still loving FB. If teens decide it's not cool anymore, guess what will happen.
4. FB business (ads/payments) is up against GOOG model. GOOG is no slouch, they have talent and means to innovate. FB is stepping on GOOG toes and stealing some of the ad revenue.
1) FB is adding different measures of earning revenue (i.e. video ads) and can simply focus on quality (i.e. more revenue per ad) vs quantity of ads.
2) Considering the majority of FB's userbase already uses mobile on a primary basis, don't see much more downward momentum for the in app store purchases.
3) Barriers to entry are high, and people go where the most people are. Google tried to enter the market, (Google+ anyone?) and its been a flop.
4) FB is further targeting google's revenue through it's new focus on improving the search engine, and that's also where it will look to earn revenue next.

Also, instagram ads are starting to roll out as well, so there's a new revenue source.

I've been saying this from the start, I see this "EVENTUALLY" becoming a triple digit stock, and now a lot of these big guys have it at a $90-$100 price target.
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Net income for the quarter ended June 30 jumped 138 percent to $791 million, compared to $333 million during the same period in 2013.
Revenue for the second-quarter of 2014 totaled $2.91 billion, an increase of 61 percent, compared with $1.81 billion a year earlier.

Now that's what you call RESULTS. Would be great to hear the almighty Mark commenting on this :) .
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Abel4Life wrote:
Jul 25th, 2014 8:05 pm
Net income for the quarter ended June 30 jumped 138 percent to $791 million, compared to $333 million during the same period in 2013.
Revenue for the second-quarter of 2014 totaled $2.91 billion, an increase of 61 percent, compared with $1.81 billion a year earlier.

Now that's what you call RESULTS. Would be great to hear the almighty Mark commenting on this :) .
I expect the same growth rate in income over the next year :) .
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