Google CEO sees signs of Internet bubble: report
Lol I totally agree with the guy in Google. Come on Facebook worth 10 billion in stock market valuation? All these people are stupid enough to buy into the stock while the owners are quietly selling their own stock shares. For granted Facebook is quite popular with lots of outreach and potential. Although I think that will change soon as privacy issues arise and more software giants jump into the market.
I believe that the stock price for Facebook will indeed skyrocket once Facebook become IPOed. Then it will become a slow death as it actually releases the amount of money that it actually earns, how much money and profit is it making actually? It all comes down to that in terms of all investments. Stock market will burn alot of people who simply base their high financial hopes on no investment grounds.
The new bubble hot in stocks will be cloud computing and social networking. Jump in while early, just remember to cash in before the crash. There will be lots of losers with only a couple winners left to see the end of the stock market day.
Jump aboard!
Showing posts with label Stock Market. Show all posts
Showing posts with label Stock Market. Show all posts
Thursday, February 10, 2011
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