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Forum: Investments Page 2 of 2  1 2  
Author: [Investments] Topic: Facebook
Ktrain PM Ktrain
Joined: Oct 2009
Posts: 6300
Nevada
 
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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. 


ogmike PM ogmike
Joined: Jul 2002
Posts: 2947
Texas
 
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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.


wallstreetcappers PM wallstreetcappers
Joined: Feb 2003
Posts: 51368
United States
 
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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?
ogmike PM ogmike
Joined: Jul 2002
Posts: 2947
Texas
 
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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?

Rush51 PM Rush51
Joined: Jan 2005
Posts: 4388
California
 
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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...


mr_bollox PM mr_bollox
Joined: Oct 2009
Posts: 11981
 
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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 
mtndew146 PM mtndew146
Joined: Feb 2012
Posts: 2450
Michigan
 
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Posted: 5/21/2012 9:38:40 AM
Crashing hard...if you bought get out now
depeche2 PM depeche2
Joined: Feb 2002
Posts: 67006
Illinois
 
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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.
Michfan15 PM Michfan15
Joined: Oct 2008
Posts: 10908
New York
 
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Posted: 5/23/2012 10:54:21 AM
we should all be caking right now 
bigbill365 PM bigbill365
Joined: Mar 2011
Posts: 1867
United States
 
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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
depeche2 PM depeche2
Joined: Feb 2002
Posts: 67006
Illinois
 
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Posted: 5/29/2012 12:45:48 PM
Would I be a complete fool to buy FB here around $29?
Colts03 PM Colts03
Joined: Sep 2010
Posts: 13377
Texas
 
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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 

Rush51 PM Rush51
Joined: Jan 2005
Posts: 4388
California
 
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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.

inthefareast PM inthefareast
Joined: Sep 2010
Posts: 31
Thailand
 
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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. 
hoopsvader PM hoopsvader
Joined: Mar 2011
Posts: 3207
Djibouti
 
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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
hoopsvader PM hoopsvader
Joined: Mar 2011
Posts: 3207
Djibouti
 
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Posted: 5/30/2012 10:35:57 AM

Facebook Seen Dropping 20% to Gain Parity With Nasdaq Rivals

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.

KktdocT PM KktdocT
Joined: Jan 2006
Posts: 64382
United Kingdom
 
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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.
Forum: Investments Page 2 of 2  1 2  
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