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[Investments] Topic: Facebook |
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Ktrain |
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Captain
Joined: Oct 2009
Posts: 5209
Location: California |
#26 Posted: 5/10/2012 8:55:38 PM I know I am only one person but I recently deactivated my account and have had absolutely no problems doing it. I don't miss it at all and have no intentions of reactivating it anytime soon.
I am curious about twitter now. Only because it would allow me to follow people like Joe Rogan and other "celebrities" that I find interesting and informative.
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ogmike |
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Veteran
Joined: Jul 2002
Posts: 2862
Location: Texas |
#27 Posted: 5/17/2012 10:23:06 PM My best friend/broker got me 300 shares of the IPO. Pretty jacked up about it! Praying for a Google-like run up.

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wallstreetcappers |
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Covers Linesmen
Joined: Feb 2003
Posts: 47614
Location: United States |
#28 Posted: 5/17/2012 10:57:03 PM I dont see how they can run it up too much given them bumping the size and the price several times.
Lots of unknown about Facebook, but good luck.
How long do they make you not sell shares? |
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ogmike |
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Veteran
Joined: Jul 2002
Posts: 2862
Location: Texas |
#29 Posted: 5/18/2012 10:08:09 AM QUOTE Originally Posted by wallstreetcappers: I dont see how they can run it up too much given them bumping the size and the price several times.
Lots of unknown about Facebook, but good luck.
How long do they make you not sell shares?
Yeah, I wasn't that excited about them making all the extra shares available. But I guess that's how I was able to get 300 shares rather than the orginal 100 shares I was promised. Sounds like I can get get out of my positioin at anytime today. So depending on the run-up today, I might dump a piece of it. What do you think would be a good exit point today? |
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Rush51 |
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Veteran
Joined: Jan 2005
Posts: 3469
Location: California |
#30 Posted: 5/19/2012 3:36:09 PM Not a very inspiring open for FB.
The underwriters for Facebook, namely Morgan Stanley, had to purchase many shares of FB near the open & close of the trading day. It had to do this to keep the stock from slipping below the $38 open... Not a good sign.
As OG Mike points out, they had to entice more buyers than they would have liked on a market debut. The lack of a "pop" on its opening day worries some ..
Monday will be interesting...
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mr_bollox |
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Captain
Joined: Oct 2009
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#31 Posted: 5/19/2012 3:41:05 PM it didnt help though that the market is quite bearish right now because of the greek situation, bad timing for any IPO |
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mtndew146 |
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Veteran
Joined: Feb 2012
Posts: 2450
Location: Michigan |
#32 Posted: 5/21/2012 9:38:40 AM Crashing hard...if you bought get out now
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depeche2 |
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Legend
Joined: Feb 2002
Posts: 66820
Location: Illinois |
#33 Posted: 5/21/2012 11:57:23 AM QUOTE Originally Posted by mtndew146:
Crashing hard...if you bought get out now
Really? NOW you wanna get out? Think it might even be a good buy if it falls much further.
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Michfan15 |
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Captain
Joined: Oct 2008
Posts: 6386
Location: New York |
#34 Posted: 5/23/2012 10:54:21 AM we should all be caking right now  |
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bigbill365 |
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Banned
Joined: Mar 2011
Posts: 1867
Location: United States |
#35 Posted: 5/27/2012 10:24:06 PM QUOTE Originally Posted by mtndew146:
Crashing hard...if you bought get out now haha noo way you mine as weell hold for long its a solid company with more in the works dont get out now hold for a long position
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depeche2 |
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Legend
Joined: Feb 2002
Posts: 66820
Location: Illinois |
#36 Posted: 5/29/2012 12:45:48 PM Would I be a complete fool to buy FB here around $29?
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Colts03 |
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All-Star
Joined: Sep 2010
Posts: 11970
Location: Texas |
#37 Posted: 5/29/2012 5:10:00 PM HAHAHAHHA THIS IS SO AWESOME!!!!!!!!!!!!!!!!!!!!!!!!!
facebook sucks so hard. i deactivated like 3 years ago and am so happy to see them fail & everyone lose money who bought into this
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Rush51 |
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Posts: 3469
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#38 Posted: 5/30/2012 12:48:51 AM QUOTE Originally Posted by depeche2:
Would I be a complete fool to buy FB here around $29?
Could be treacherous. Fundamentals still say this is an expensive stock compared to the likes of Google or Apple.
Remember, FB's next quarterly earnings announcement is expected around July 25, so could continue to be rocky for quite some time. Expect to get tossed around if you buy. No one knows where to price this thing, until they string together a few quarterly releases.
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inthefareast |
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Prospect
Joined: Sep 2010
Posts: 31
Location: Thailand |
#39 Posted: 5/30/2012 6:25:03 AM Its a POS, fair value is somewhere in the $10-$12 wait for it to come down. |
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hoopsvader |
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Location: Djibouti |
#40 Posted: 5/30/2012 9:26:54 AM QUOTE Originally Posted by Rush51:
Could be treacherous. Fundamentals still say this is an expensive stock compared to the likes of Google or Apple.
Remember, FB's next quarterly earnings announcement is expected around July 25, so could continue to be rocky for quite some time. Expect to get tossed around if you buy. No one knows where to price this thing, until they string together a few quarterly releases.
The PE is around 62 at the current price. AAPL and GOOG are around 16 PE
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hoopsvader |
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Veteran
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Location: Djibouti |
#41 Posted: 5/30/2012 10:35:57 AM
By Inyoung Hwang and Brian Womack -
May 30, 2012 9:58 AM ET
Facebook Inc. (FB)’s stock,
which has
already lost $25 billion in value since its public debut, would
have to drop another 20 percent for its valuation to match other
companies that do business over the Internet. Facebook, with a
market capitalization of $79.1 billion, is
trading at 29.5 times the company’s projected 2014 profit of
$2.69 billion, data compiled by
Bloomberg show. The stock would
have to dive to $23.07 to match the average price-to-earnings
ratio for the Nasdaq Internet Index based on estimated earnings
in the next 12 months, according to the data. |
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KktdocT |
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Covers Rehab
Joined: Jan 2006
Posts: 60701
Location: United Kingdom |
#42 Posted: 5/31/2012 1:07:14 AM QUOTE Originally Posted by Ktrain:
I have to think it comes strong out of the gate but then dies down after time. ...........................
Spot on, mate. Facebook is a friggin hype.
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