I'm not buying the hype. How did this co get a valuation of 9bil or whatever it is? Aren't they struggling to make money? Its a website for people with jobs.
To remove first post, remove entire topic.
I'm not buying the hype. How did this co get a valuation of 9bil or whatever it is? Aren't they struggling to make money? Its a website for people with jobs.
What sucks is the small retail investors, like me, can't get into these IPOs until it's sitting at $80 or so. Could've doubled my money in a day. Definitely overvalued, but gives you an idea of how Facebook will debut.
What sucks is the small retail investors, like me, can't get into these IPOs until it's sitting at $80 or so. Could've doubled my money in a day. Definitely overvalued, but gives you an idea of how Facebook will debut.
I dont think that it will crash so soon, unless the market crashes it will not.
Keep in mind that only 7M shares are on the market, that is nothing at all and I would not be shocked to see this move to 150 or higher if the market stays up here.
I dont think that it will crash so soon, unless the market crashes it will not.
Keep in mind that only 7M shares are on the market, that is nothing at all and I would not be shocked to see this move to 150 or higher if the market stays up here.
Wasn't it the secondary market killed the first tech boom? Only 5.3% of LNKD shares sold, what happens when the rest are released? The thing that gets me is that they have had only one profitable year since 2005, in 2007. This does give us a clue, Facebook is going to be a monster. These social websites seems like a trending bubble.
Wasn't it the secondary market killed the first tech boom? Only 5.3% of LNKD shares sold, what happens when the rest are released? The thing that gets me is that they have had only one profitable year since 2005, in 2007. This does give us a clue, Facebook is going to be a monster. These social websites seems like a trending bubble.