InvestorsHub Logo
Followers 4
Posts 328
Boards Moderated 1
Alias Born 09/12/2011

Re: None

Wednesday, 05/23/2012 3:05:26 PM

Wednesday, May 23, 2012 3:05:26 PM

Post# of 116986
Maybe far fetched but since we are playing the game.
Could Facebook use Atrinsic? The advertising agency part?(what ever that might be lol) Sure.

1) Bad news heading into the deal. GM announced it was pulling $10 million worth of advertising from Facebook during the company’s roadshow, when institutional investors meet management and decide whether they want to invest. The money wasn’t significant in terms of Facebook’s more than $3 billion in advertising revenue. But it was symbolic. Investors are very worried about whether Facebook will be able to attract enough advertising to justify the stock’s offering price. The worry: If GM was pulling its ads because they weren’t effective, others might follow suit.

2) The mobile question. Facebook also announced earlier this month that mobile users — nearly half of its 901 million users and the fastest growing part of the business — weren’t generating revenue yet. Everyone knew this, but seeing it in black and white was jarring, especially after the company reported that revenues had slipped between the December and March quarters.


FB did IPO to raise money to buy a little something from Atrinsic since they spent all of their cash on Instragram or what ever it's called.... jmo


Read more: http://business.time.com/2012/05/22/7-reasons-facebook-flopped/#ixzz1vim4hulc
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent PTIX News