Facebook Q3 results: Shaking out the momentum traders, albeit still a little early for the deep value guys

It has a great model and enormous growth potential, but you’ll have to excuse my cynicism at the way revenues, margins and expectations were pumped up this year.   (see my comment back in May after the Q1 results – http://growthrater.com/facebook-q1-beat-followed-controlling-shareholder-share-sale-ring-bells/#topbar_header)   Having pushed higher yielding newsfeed-only advertising on mobile and saturated advertising loadings, we’ve […]