OFFICIAL Facebook IPO Thread

[geomark]

Keeps bouncing off of 34.00 Somebody trying to keep it from falling farther.

Oops, just broke through 34. I feel your pain bros.

 

[WickedJoe]

lolz $33.5 on a day when the market is up.

 

[r3p1v]

It looks like there are big bids at each round price level. It just fell 50 cents in a split second when it broke 34. It's probably the underwriters, but could be someone else, no way to tell.

 

[ShadowCaster]

Almost 33.. Well hopefully you guys won't loose too much

 

[schockergd]

$33.75

 

[erifdekciw]

[ame=http://www.youtube.com/watch?v=5gqT6En2O78]Tom Petty - Free Falling - Official Music Video - YouTube[/ame]

 

[infoslob]

If it ever gets down to the low twenties I'm buying it like there's no tomorrow and holding until it's time to retire. I may have to buy at a higher price though, we will see.

20 minutes after the open and you're halfway home to finding out there really is no tomorrow.

 

[rusvik]

I am convinced Facebook is going to tank soon.

Nice going bro, you really predicted it!

Seriously bros, never buy anything that comes with recommendation from investment banks and has a lot of public buzz.

Goldman Sachs are the biggest scammers in the world.

 

[erifdekciw]

Are you kidding! This is a deal of a lifetime! Tencentpiece go all in! This is a bargin price right now!

 

[infoslob]

Nice going bro, you really predicted it!

Seriously bros, never buy anything that comes with recommendation from investment banks and has a lot of public buzz.

Goldman Sachs are the biggest scammers in the world.

Don't do that again.

 

[CCarter]

I expected it to drop, but not like this. This is a free fall. And they've got huge bids to prop it up every 50 cents. Looks like Facebook is going to need a bailout, cause it is too big to fail...

 

[r3p1v]

It looks like it is stabilizing for now

 

[erifdekciw]

It looks like it is stabilizing for now

thats because they arent letting it drop below 33

 

[r3p1v]

thats because they arent letting it drop below 33

Yeah, but it's been trading around 33.50 for a while now

 

[tencentpiece]

Are you kidding! This is a deal of a lifetime! Tencentpiece go all in! This is a bargin price right now!

Hehe, I was out at $36. I was wrong . Interested to see how this pans out.

 

[AdHustler]

If Facebook makes about 1 billion per year in profit which is about what I can figure out they make based on Q1 2012 net income of 200ish million, then wouldn't a fair price for the stock be based on 5-10x yearly earnings? That would value the company at 5-10 billion. SInce there are 2.74billion shares out there wouldn't a fair stock price be $2-$4?

Im no stock expert, just trying to make sense of it all.

 

[r3p1v]

wouldn't a fair stock price be $2-$4?

lol

 

[WhatupG]

Drop baby drop.

 

[AdHustler]

lol

i guess you have nothing helpful to add? I wasnt joking....

 

[Pb.com]

If Facebook makes about 1 billion per year in profit which is about what I can figure out they make based on Q1 2012 net income of 200ish million, then wouldn't a fair price for the stock be based on 5-10x yearly earnings? That would value the company at 5-10 billion. SInce there are 2.74billion shares out there wouldn't a fair stock price be $2-$4?

Im no stock expert, just trying to make sense of it all.

Not going to get into it,but they basically are making it out like each real person on fb has a HUGE amount of potential far greater than the fiscal profits they actually make per person per year. :ticking: