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Tim Travis
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Tim Travis is a veteran deep value investor and money manager. Travis has extensive experience in traditional investments such as stocks and bonds, in addition to having a unique methodology of combining options and distressed investing with value investing to generate income, reduce risk, and... More
My company:
T&T Capital Management
My blog:
T&T Capital Management Blog
My book:
Learn to Treat Your Portfolio as a Business
  • Some Teens Aren't Liking Facebook As Much As Older Users-LA Times 0 comments
    Jun 21, 2012 10:11 AM | about stocks: FB

    One of the reasons why I thought the Facebook (FB) IPO price was outrageous was due to the increasing competition that the company is facing, which I expect to only get worse moving forward. Technology changes so frequently and what is cool now, can be old news in six months. In a digital age it really isn't that difficult uploading photos on a new site, and any mistakes can shake brand loyalty. This article identifies some users that have already moved on to "greener pastures."

    http://www.latimes.com/business/la-fi-facebook-teens-20120531,0,5676320.story

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: FB
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