If you would have asked any stock analyst in the world back in September when Apple shares were sitting at $705 if shares had a chance of falling below $400 within six months, they would have admonished you for being a moron. It wasn’t going to happen. It couldn’t. Now that we’re five months out… Continue reading Will Apple stock fall below $400?
Tag: investing
Pinterest $2.5 billion valuation actually makes sense
Those who follow my cynical posts about over-inflated social site valuations know that it’s hard for me to agree with numbers. I giggled when Facebook hit $70 billion before going public at much higher. I stared in disbelief when Google offered $6 billion for Groupon then realized that I had to be in a persistent… Continue reading Pinterest $2.5 billion valuation actually makes sense
A breakdown of our mobile payment future
Every day we see more people using their smartphones to make payments whether through apps directly on them or by using them to pay for purchases at stores. The rise of mobile payment types is only being outpaced by adoption which is accelerating at a breakneck pace. This infographic by Mobile Payments Infographic comes to… Continue reading A breakdown of our mobile payment future
Should Facebook be worried?
Day one was a disappointment as there was no “pop”. Day two was even worse, showing the shares slide 11% to close at $34.03. Is this a bad sign for the long term? No. Not necessarily. The new billionaires in Palo Alto will not become millionaires any time soon and the shares aren’t going to… Continue reading Should Facebook be worried?
Demand for Facebook IPO is “weaker than forecast”. Are you worried, yet?
The biggest IPO in tech history is appearing to be smaller than people thought according to a recent report from Bloomberg. With growth prospects for their advertising model raising warning flags, the company has been strict with their policy of not allowing revenue to get in the way of user experience. To the all-important long-term… Continue reading Demand for Facebook IPO is “weaker than forecast”. Are you worried, yet?
Can Frugalo single-handedly fix the floundering daily deals phenomenon?
The only thing certain about the future of daily deals is that the industry’s future is uncertain. It’s not a play on words or a failed attempt at sounding clever. If you ask 10 people where daily deals will be a year from now, you’ll probably get 10 completely different responses. The truth is, nobody… Continue reading Can Frugalo single-handedly fix the floundering daily deals phenomenon?
If you invested in Groupon’s IPO, the good news is you’ve only lost half of your money
In less than a month, Groupon’s highly-lauded stocks have plummeted from their IPO sale price of $28 closing today at $15.24, down 46% since their November 4th initial public offering. That’s the good news. The bad news is that recovery, if any, will be short-lived. We anticipated bad times, declaring that Groupon was not IPO-ready,… Continue reading If you invested in Groupon’s IPO, the good news is you’ve only lost half of your money
Facebook’s IPO will be the worst investment in tech history
The social network has its fingers in a majority of websites in one way or another. Businesses promote their Facebook pages on the homepage of their websites. Blogs, bloggers, journalists, and mainstream publications often have several different Facebook widgets littered everywhere on every page. In less than a month, Facebook will have over 700 million… Continue reading Facebook’s IPO will be the worst investment in tech history
Investing like it’s 1999: Tech bubble 2.0 is here
With alarmists sounding the alarms and naysayers saying, “nay,” it’s certainly looking very similar to the way things were over a decade ago right before the dotcom bubble burst. Did we learn our lesson back then or are we in the process of repeating our mistakes? Few can argue against the concept that we’re in… Continue reading Investing like it’s 1999: Tech bubble 2.0 is here