Facebook (Nasdaq:FB) is about to open up its kimono and show us some stuff. Ponder this Bear Case scenario as you contemplate management comments and remarks.
Privacy issues may hamper product development and roll out. This delays earnings ramp up which dearly needs to be happening immediately if not sooner.
Advertisers are still not certain if the spend is worth it. There is still a lot of experimentation and the blind may be leading the blind. Hard to justify stratospheric valuations when the core business case is not solid.
Management has made some public comments about ad density being insufficient for satisfactory results. Not a good one by any stretch of the imagination.
George Gutowski writes from a caveat emptor perspective.