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I think a better question is why are they only down 7%
by LargeWu 14y ago
I think a better question is why are they only down 7%
- astrodust 14y agoAs Facebook stands, they're doing okay. The stock might be over-valued, but that's the environment we're in now. To get that stock going up they'll have to increase their market share and the only way to do that is to start acquiring big social networks, something they don't seen prepared to do, or diversify.
- georgemcbay 14y ago"To get that stock going up they'll have to increase their market share and the only way to do that is to start acquiring big social network" Which social network(s) are they supposed to acquire for growth? While there are certainly other social networks out there, I sincerely doubt there are any that don't have a huge user overlap with Facebook.
- astrodust 14y agoFacebook seems to have less traction in markets like China and Japan when compared with the market share of the local networks. Facebook could do worse than "Go Yahoo!" and start acquiring properties simply for their userbases. I'm sure QQ is expensive, but it's not out of reach for a company that's public. Issue enough shares and anything's possible...if you can get shareholder approval.