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Today is Cyber Monday and the next few weeks people are shopping for Christmas gifts. $600+ is not that far off.
I remember someone kept on saying that we all should watch out for today because it will be going down. I guess that person is wrong again. It looks pretty green today. Apple had a Black Friday sale today at Walmart, Fry's Electronics and at their own website as well as all of the retail stores. Cyber Monday is coming and this will also add more sales for Christmas gifts. I still think we are just starting our upward trend. Are we going to see that $650 to $700+ range again before the next earning?
What I see is that people are trying to make false news site to bring fear so they can buy in as cheap as they can. Nice try but FB will be stronger year after year.
Widespread rumour claims that Facebook will close down for good on January 15, 2013.
The claims are untrue. Facebook will certainly not shut down in January. The false rumours are derived from a fictional "news" story published on the "Weekly World News" website, a publication known for churning out utterly fanciful tales disguised as news items.
http://www.hoax-slayer.com/facebook-shutting-down-hoax.shtml
Facebook Shuts Down On March 15 2012, The New Rumor On The Wheels
It is the second time, we are coming with this news although it is fake we feel responsibility to educate all our readers about the false statements and rumours going around Facebook. According to recent rumors Facebook is subject to close on March 15, 2012 saying that Mark Zuckerberg has announced that Facebook has got out the control and says “the stress of managing this company has ruined my life. I need to put an end to all the madness.” and suggests to download all of the user data from Facebook before March 15th of this year.
Facebook has officially declined on these rumors and says ““Facebook is not going to close down. Not now, not ever. We’re just getting started.” and says that they are trying to trace out the culprits who are spreading this news for their own benefits.
CHECK: Despite Rumors on Charges, Facebook Confirms Free Forever Services
Earlier on Novemeber 29, 2011 Mark Zuckerberg has said the same thing on Official Facebook blog which suggests that Facebook will never go down, in the note he released he says “As the founder and CEO of Facebook, I look forward to working with the Commission as we implement this agreement. It is my hope that this agreement makes it clear that Facebook is the leader when it comes to offering people control over the information they share online.
Finally, I also want to reaffirm the commitment I made when I first launched Facebook. We will serve you as best we can and work every day to provide you with the best tools for you to share with each other and the world. We will continue to improve the service, build new ways for you to share and offer new ways to protect you and your information better than any other company in the world.”
As a matter of fact and considering the latest updates and recent futures of Facebook like Timeline, Timeline Apps, Opengraph API how many of you really think that one will invest in a product/service which is going to shut down in near future..?
I suggest you guys to share this news with all your (worried) friends and family and fight against these spams, #RIP those spammers and Hail #Facebook without which we could never feel that the World is too close.
http://www.infogenra.com/facebook-shuts-down-on-march-15-2012-the-new-rumor-on-the-wheels.html
And we are still going green AH. FB and every stock out there goes up and down. One person can say that FB will be green Friday and the other person can say that FB will be red Friday. Nobody really knows what Friday will bring. If you keep saying the same thing over and over again than of course you will catch a day or two that will support what you are trying to say. The only thing that we need to know is that FB is making money and FB is growing as a company. They are bringing in more money than you have in the bank. Telling people that it will be red or green the next day is only hopeful thinking.
All the negative post regard employees selling is not working anymore. They are making so much money right now on retailers advertising for the holidays.
If FB can go up like this all the way till Christmas than we might be back at the IPO price range. Go FB!
Most of the stocks are showing up green AH including AAPL. We will probably see a green day tomorrow.
I love the green today and I love the dividend that was received last Thursday. Going long and collecting dividend on the way.
It was at this level back in May and it went up to $700 in 2 months or so. Will we see $700 again by Christmas?
Buying season is here. It's like a pre Black Friday sale. People are buying up shares while its still cheap.
The monster is back. Apple will gobble all the way back to $600 range by Thanksgiving.
Most employees are not selling and people are starting to see that. FB is going back up from here on. Very nice closed.
I agree with you. They just release the IPhone 5 in China right before the holiday season. iPhone 5S is just around the corner. IPad mini is ready for everyone to buy for Christmas. We will see at least $600+ by than.
The iPhone 5S will be tested in December.
This quarter will be the best quarter for Apple. The holiday season is almost here and the IPhone 5 is available at all Apple stores for pick up. The IPad mini is the second most popular device that Apple made. Most people are replacing their full size IPad with the IPad mini.
Earlier this week, Apple got a bunch of new patents approved, including one covering the "design" of the original iPad.
http://finance.yahoo.com/blogs/daily-ticker/apple-ipad-patent-reveals-absurdity-patent-system-143108743.html
I just added another 20 shares today.
Moskowitz has an Overweight rating on Apple shares and a $770 price target.
Moskowitz wrote in a research note to clients that the 3 million unit sales figure “is significant, as it doubles the first weekend launch of the 3rd-generation iPad of 1.5 million units (Wi-Fi only) in March 2012.”
http://wallstcheatsheet.com/stocks/analyst-here-are-all-the-ipad-mini-buyers.html/
The holiday season is coming and Apple will be selling those IPad Mini like hot cakes.
Volume is starting to pick up again.
And....the FB stock is still rising.
The market is so red but BAC is green again. Loving it! Let see the $10.
Close almost HOD. Still going up AH.
At the rate it's going. We might see $9.70 later today
We need to go through 9.60
Some will sell and most will hold. I don't see every single employee rushing into selling their shares when the company is growing as a business. Not everyone have a chance to work for a company that give out stock options. If I was working for a company that give out stock options and knowing that the company is growing, than why would I think of selling my shares. I would have nothing to lose.
I guess the employees are holding their shares
Picking up the dips. Thanks!
In the earnings release, the company announced that its board of directors has declared a cash dividend of $2.65 per share of common stock.
"The dividend is payable on November 15, 2012, to shareholders of record as of the close of business on November 12, 2012," the company's release said.
Actually it's green right now
SAN FRANCISCO (MarketWatch) - Apple Inc. reported a 24% jump in earnings for its fourth fiscal quarter on Thursday afternoon, though the results fell short of investors' expectations given a slowdown of iPhone sales and lower-than-expected iPad shipments. For the quarter ended Sept. 29, Apple AAPL -1.18% reported net income of $8.2 billion, or $8.67 per share, compared with net income of $6.6 billion, or $7.05 per share, for the same period last year. Revenue jumped 27% to $36 billion. Analysts were expecting earnings of $8.75 on revenue of $35.8 billion for the quarter, according to consensus estimates from Thomson Reuters. For the December period, Apple projected earnings per share of $11.75 with revenue of $52 billion. Analysts had been expecting earnings of $15.41 per share on revenue of $55 billion for the period.
You have to fight with the person next to you for the IPhone 5.
I have no doubt that AAPL will have great reports coming out later today. iPhone 5 and 4S have been selling like hot cakes.
We are back at $23 area again. A few more cents and we will be in the green again.
Third Quarter 2012 Financial Highlights
Revenue – Revenue for the third quarter totaled $1.26 billion, an increase of 32%, compared with $954 million in the third quarter of 2011. Excluding the impact of year-over-year changes in foreign exchange rates, revenue would have increased by 38%.
•Revenue from advertising was $1.09 billion, representing 86% of total revenue and a 36% increase from the same quarter last year. Excluding the impact of year-over-year changes in foreign exchange rates, advertising revenue would have increased by 43%.
•Payments and other fees revenue for the third quarter was $176 million, a 13% increase over the same quarter in the prior year and a 9% decline sequentially from the second quarter of 2012.
http://finance.yahoo.com/news/facebook-reports-third-quarter-2012-200500732.html
Shares of online games purveyor Zynga (ZNGA), which makes a portion of its revenue off users on Facebook (FB), are up 30 cents, or 14%, at $2.43 in late trading after the company reported Q3 revenue that easily topped the consensus estimate, and broke even on the bottom line where analysts had expected a loss.
http://blogs.barrons.com/techtraderdaily/2012/10/24/zynga-jumps-16-q3-beats-q4-eps-view-light/?mod=yahoobarrons
Facebook's earnings are not based on Zynga only. They make money from advertisements as well.
Still going green AH.