OFFICIAL Facebook IPO Thread
- Thread starter guerilla
- Start date
Just bought 1,000 at 39, lets see what happens.
should of waited 5 mins longer lolol
Just bought 1,000 at 39, lets see what happens
i have 1k too, doesn't look promising though...
Panic selling by scrubs who bought the IPO in the hopes of massive opening. In for another $15,000 @ $38.
P.S - some of you were complaining about not getting your full pre-IPO orders at $38, now is your chance. No complaining later.
P.S - some of you were complaining about not getting your full pre-IPO orders at $38, now is your chance. No complaining later.
Scrubs? Most day traders will not buy into IPO's. Between you and Mr. Zynga above, you could have just given me that 20k or so you two have lost thus far. Chasing money in stocks is not smart and trailing stops are your friend.
Yes, scrubs. Mom and pop investors, day traders not buying into IPO's was my whole point.
Also 1,000 shares at $1 loss is $1,000, not $20,000. I'm confident it'll bounce back. P.S my avg share price is 38.71, not that far off current price.
Going to bed, let's see what happens over the course of the day.
Why do you think they're so smart?
Here's why I do:
•GAYThey recognized the power of social media and capitalized on its growth potential (as opposed to its earning potential).
•GAYThey did not sell the company 4 or 5 years ago, when they were offered, what, $300 mill? $600 mill?
•GAYThey're making egregious amounts of money as fast as they can.
Here's why I don't:
•GAYBuy Instagram ($1 billion) without telling the board first.
•GAYHoodie at the roadshow.
•GAYThey made sure CPM monies are good and collapsed before IPO. Everybody and their mom puts content on line today. You want to put 40% of it all into a fluff CMS and try and monetize? Go right ahead, Facebook.
I didn't buy in today, but if things are still looking good I will probably buy closer to September. For some reason I just can't get it out of my head that this thing is headed for some lower number like $10.
I have no idea if cultural phenomenon can defeat P/E. Should be interesting to see how they spend the money though...
I have no idea if cultural phenomenon can defeat P/E. Should be interesting to see how they spend the money though...
Can't really say anything about this.
He's proven himself to be pretty smart so far.
They don't have only content.
They have all the data in the world.
They have brand recognition.
They have engagement(lol)
They have users trust.
They have big content providers hooking into their CMS because all of the above.
They want to be the social backbone of the internet, a lot like google is the discovery backbone of the internet.
lol, dude... and it was at $38 five minutes ago.
You can't judge stuff like that so shortsightedly.
Discussing things now has no value/credability. It's almost like discussing it yesterday. Things will become more clear in a few months.
Then we will see if all the preachers that said the P/E is ridiculous and people who predict facebook failure were right.
At above 90 P/E, I guess investors aren't stupid after all. I thought facebook would flop, but after a couple of days or so. It's sitting there stagnate... We'll see at the end of the day, but like I stated in the previous thread, a company hovering around 100 P/E is ridiculously overpriced... I thought it would skyrocket and then drop... Not just sit there...
I have to give credit to investors that really know how to invest. Let's see what happens.
I have to give credit to investors that really know how to invest. Let's see what happens.
There is still not much strength, it's still below the opening trade today of $42.05.
I think it might go back and test the $38 level before the end of the day. I think the underwriters automatically step in and start buying at that level, so if it goes below that people are probably going to panic and it could fall fast.
I think it might go back and test the $38 level before the end of the day. I think the underwriters automatically step in and start buying at that level, so if it goes below that people are probably going to panic and it could fall fast.
So far, the underwriters did an excellent job gauging investor demand with their price point.
Here are some interesting PE ratio comparisons-
Facebook = 96
Apple = 13
Google = 19
Amazon = 179
Microsoft = 10
Will be fun to watch if they can monetize the mobile users better which is their largest growth area.
Here are some interesting PE ratio comparisons-
Facebook = 96
Apple = 13
Google = 19
Amazon = 179
Microsoft = 10
Will be fun to watch if they can monetize the mobile users better which is their largest growth area.