Meet Group Inc (MEET)

[ambulance_blues]

Message for Chance_To_See

Hello Chance. Good luck with this stock. I see you got in early, so that's good. Are you concerned at all that Facebook will dominate Latin America in the future, and eat away at QPSA's subscribers? This article mentions Hi5 in Latin America losing to Facebook:

http://www.examiner.com/south-america-headlines-in-national/facebook-increases-productivity-and-popularity-latin-america

"...The company that used to dominate in market share in Latin America was Hi5, created by Indian entrepreneur Ramu Yalamanchi in 2003, which has about 60 million register users. The company has been around longer than Facebook and Twitter. However, it does have a high number of users from the international audience particularly in Latin America. Nevertheless, Facebook may be chipping away the users from Hi5 due its popularity and use."


On a side not, Chance, a straight shooter like you knows that a company that does partnerships with a pink sheet company on the verge of BK (eGAmes) can't be taken seriously.

IMO, the curent valuation here is all based on speculation that Que Pasa will be able to survive and thrive against Facebook. I can't take that bet. It seems to me that QPSA's strategy to compete with Facebook is to use all their energy (and funding) developing games. Isn't that like putting the cart before the horse? A nifty computer game will not stop the march of Facebook. Cool games or not - people will end up migrating to where most of their friends are migrating. Just my opinion. Good luck here, Chance. You're one of the best on iHub. Just don't let your guard down, and congrats on the nice gains.