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Or certainly have to talk about FaceBook the FaceBook has fallen to its shares are still below that IPO price of 38 dollars a share.
And off 20% from their highs.
But did you see what happened last week -- nice move of about 10% so.
If you're one of those people who bought FaceBook couldn't sell it couldn't get out of it or just held on because you're hoping for more.
Better opportunities who knows how can FaceBook get more investors to like the stock joining us now on the phone from San Francisco.
Herman Leung senior US Internet analyst at Susquehanna financial group but -- in -- -- where meeting today.
Our editorial meeting we think you know what.
FaceBook did have this move last week let's bring you -- to talk about.
Real opportunity here for people who are still holding on to those shares it's a young IPO stock so.
If there's still a chance that they may come out on top and in the money.
Thanks for having me Linda I would I would tell you that's absolutely I think that there's little doubt -- kitten.
Actually still -- a lot of opportunity and that's why -- people.
The that stock SA -- expensive stock but in the if you really think about -- multitude of opportunity that the company has I mean there's 900 million opportunities right.
Each -- paid -- dollar reached.
That's an incremental 900 million dollars in revenues stated in in any event since there's no cost of that.
So I think what people -- -- what is priced into the stock today I think is that you know have you opportunity public FaceBook could be worth or what they can't be doing in the future.
Now they're like you said earlier there has been skeptics with the stock going down I think there's that's.
That could be partly due to how the underwriters put out the number of shares or that NASDAQ sort of that subplot.
On the marketplace but at the bottom line -- that Coke is still a big supporter.
I Ford is still a big supporter and I don't know -- solid but last week it was Diego they came out that the Fed mobile ads have actually had click through rates of fourteen times higher.
-- some of the dust operate that's so I think from that standpoint who were going in the right way.
But you investors still have to be patient for -- that's got to work over the next twelve months.
Well especially with your price target 48 dollars a share is your price target you have belief that it'll get there where we're a long way from that Herman but.
The mobile monetization issue that's really important to a lot of people do you believe that they are Smart enough to figure out a way.
To figure out how to monetize through mobile labs.
I think they got the heart problem and rate and I think they're getting the hardest part right which is getting people to use the product.
And I -- that we're seeing a lot of usage already.
And would that come -- of usage.
I mean as a company it has -- -- company called space dot com right and that -- -- recognize people exactly where people are and you can also.
They've been launching a lot of the new different add initiatives.
And other surrounding elect -- stories which are now clicking through practical fourteen times higher than double top -- And it and we we got to go but I have one last question if -- if somebody out there bought it at 39 and -- -- or 4041 should they hold onto it right now.
Absolutely I'd be I'd be I'd be actually averaging got my shares at -- point here.
OK -- -- good to you thank you very much regularly on this.
Senior US safe Internet analyst at Susquehanna financial group has got a 48 dollar price target and he is calling it up positive hear a --
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