Facebook (FB) has decided it, too, wants an app store. The Facebook App Center, just announced...

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Hitesh Patel Comments (310)
 
Smells of desperation. They are so late to that party. It will be another losing endeavor
9 May 2012, 06:59 PM Reply Like

Mike Maher Comments (1752)
 
I agree, this move puts them in more direct competition with Google, Apple, and Amazon. Long term, FB is worth maybe half of where its valued now. The easy money's been made, let this one pass.
9 May 2012, 11:33 PM Reply Like

Hillbilly Stock Star Comments (607)
 
SVVC......getting more bullish on FB and Twitter, Long.
9 May 2012, 07:11 PM Reply Like

ninjaneer Comments (23)
 
GOOG smells bad in its doing-no-evil, but there's no way I'd trust FB in any adventure.

However, the 20-something women in slinky dresses that I prey apon at the local dive are dumb enough to do so. Do it for them. I don't respect them for who they pretended to be at talk time, and I'll gladly take the buck or two they'll spend in FB's app store. They're only worth body parts and the money they'll depart with.
9 May 2012, 08:10 PM Reply Like

proffowler123 Comments (25)
 
It is my understanding that all companies that are going through an IPO are required, but the SEC to go through a "Quiet Period". This is a period of time, (when the Registration Statement is filed and ends 25+ days after the IPO is priced), where the company is only allowed to discuss information that is disclosed in the S-1 (registration statement and prospectus). They are not "allowed" to try to increase the potential value of their stock or try to convince the "public" to buy without reviewing the financials, risk factors and the MD&A sections of the SEC filings.

Facebook has already had to delay once because of the Instagram deal. Are the rest of these activities in violation of the Quiet Period? With the statement above "getting more bullish on FB and Twitter" it seems that people are moving on market news before "reviewing the financials, RISK FACTORS and the MD&A sections" as referenced above. I am not an expert on this issue. If anyone knows more than I do, please feel free to correct any misstatement above.
9 May 2012, 09:47 PM Reply Like

remurraymd Comments (2306)
 
Even before IPO, FB has formed its own "dot.com" PE greater than 100" bubble.We expect the chart to look like (RENN) the last IPO
like this the FB of China over time.Looks to be fundamentally flawed and unable to monetize mobile.All the great money will be made selling into the day 1 rip. Stay away till the dust settles and true fundamental earnings and a lower PE/PEG show up.Still ultimately just kind of looks like MySpace on steroids to us except for all the hype.APD
10 May 2012, 05:35 AM Reply Like

Herr Hansa Comments (2916)
 
Interesting move, especially that FB has a larger installed user base than any mobile phone platform. More likely to benefit game developers. One unusual aspect is a move towards mobile web apps, which future proofs apps against smartphone OS changes. I still don't see it as a big revenue generator for Facebook, though if the past moves of Amazon in other markets is an indication, then Facebook stands to take away from other platforms. So rather than FB positive, it is game developer positive, while being somewhat iOS and Android negative.
1 Aug 2012, 04:12 PM Reply Like