Tuesday, 23 October 2012

Facebook Revenue Jumps, this is the power of Analysis

http://www.cnbc.com/id/49522459

Remember when i put up a posting saying that the selling down of Facebook shares are being overly done? Remember my argument saying that they will be able to penetrate the mobile market more effectively? Guess they have done it.

There are still a few more points that they should implement to ensure their growth is sustained but they are now growing at a very respectable rate. And if they implement my strategies, they WILL increase their profit by at least three fold.

As for stocks, with an eye on the US election and the Malaysian election, this month and the next would be at best muted, no stock purchase at the moment.

Yes, i know some people say that it is unwise to hold so much cash, it is painful to hold cash and let inflation eat into that pile, but it is even more painful to make a mistake and dumping your cash into an unprofitable investment venture.

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