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Posted On: 07/31/2012 11:24:39 AM
Post# of 99235
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Posted By: RobInvest

I like FB in the mid teens to low teens if it continues to trend that direction.  The company needs to takeover the mobile marketplace and figure out to get ads on mobile devices to start making revenue off that 57% of users that check out FB from their phones.  In addition, the company is going after the mobile phone market with a possible phone coming soon.  I will wait and see on this speculative play.  I originally thought it would bounce after earnings for FWIW, but obviously that didn't pane out.


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