OFFICIAL Facebook IPO Thread
- Thread starter guerilla
- Start date
When will options become available on FB?
It'd be nice to go long on options (call) while the stock price is still falling or at least steady.
It'd be nice to go long on options (call) while the stock price is still falling or at least steady.
Of course, but this stock still isn't "cheap"... it was trading at these levels ($30 - $32 range) in the secondary market for most of 2011 before the underwriters reduced their estimates.
If it breaks through the $30 level it will get real interesting...
EDIT: The story is hitting the front page of every major news outlet now... going to get ugly!
The stock's really too volatile at the moment in my humble opinion. Tomorrow begins the shorting, so we'll see some craziness. I don't play the stock market, I don't believe investing my money in a company I don't control, so I'm just speculating.
if a company is in decline what leads you to believe it will go up in price?
If you want to do a LEAP call you would think you would do that with a proven company that has a history of going up in price not a brand new stock that has 3 days of history at sucking and being over valued
I'd be very cautious right now as this still isn't trading in a "normal" market ... still no shares to short ... wait till the short-sellers come hitting.
SEC likely to open a full-blown investigation on Morgan Stanley now...
I wanted to say, congrats to Mark Zuckerberg.
A lot of jealous losers will talk shit about him, but he is a 20x billionaire now, and he has touched the lives of nearly 1 billion people with his business and he is not yet 30 years old.
No one here will likely ever do anything even 1/10th as great.
Kudos Zucks. You win life.
A lot of jealous losers will talk shit about him, but he is a 20x billionaire now, and he has touched the lives of nearly 1 billion people with his business and he is not yet 30 years old.
No one here will likely ever do anything even 1/10th as great.
Kudos Zucks. You win life.
they got 16 billion, no?
Why do you think it was a fail?
If you are an investment banker or someone who got in, yep, it's fail for you.
For the company? Not at all. Do you remember what the goal of the IPO actually is? To raise the most money(with Kevin O'leary's voice).
i
I placed a market order on fri and got it @ 42. A good amount of shares I mind you. I'm in it for the long term would habe been nice to buy it at a 25-30% discount but shit happens.
I do want to say this manipulation is a bit too much. MS cutting estimates, green shoeing the $38 mark, second market has been trading it for years, and it ended near the $40 price range. Is fb overvalued? depends.
100 pe isn't much when you look at other stocks. The growth potential is huge. The banks screwed themselves by pricing is way to high, fb made out like a bandit. The moral will suck tho if the price keeps dropping and after the lock out period who knows.
I hope it doesn't drop to 20, but I'm in it for the long haul 5+ yrs. Looking at the market day to day and reading anything other than Earnings, and general information is a waste. Noone really knows shit, very similar to the iM world. Bunch of people trying to keep their jobs. However I do believe honestly FB is will be worth much more than 100b in the coming years as soon as they figure out how to monetize better, and if anyone can do it they can.
I placed a market order on fri and got it @ 42. A good amount of shares I mind you. I'm in it for the long term would habe been nice to buy it at a 25-30% discount but shit happens.
I do want to say this manipulation is a bit too much. MS cutting estimates, green shoeing the $38 mark, second market has been trading it for years, and it ended near the $40 price range. Is fb overvalued? depends.
100 pe isn't much when you look at other stocks. The growth potential is huge. The banks screwed themselves by pricing is way to high, fb made out like a bandit. The moral will suck tho if the price keeps dropping and after the lock out period who knows.
I hope it doesn't drop to 20, but I'm in it for the long haul 5+ yrs. Looking at the market day to day and reading anything other than Earnings, and general information is a waste. Noone really knows shit, very similar to the iM world. Bunch of people trying to keep their jobs. However I do believe honestly FB is will be worth much more than 100b in the coming years as soon as they figure out how to monetize better, and if anyone can do it they can.
I 100% agree. A great, unique company like this only comes around once every 10yrs or so. He has changed the lives of many for the better. He isn't a greedy pig and isn't about the $$. Nobody in this thread is saying he hasn't accomplishment great things.
That being said, this is all about trying to understand what the business is worth and how to invest in it and not get burned by buying into hype. Hopefully, some people have learned something from this thread and avoided a 30% hair-cut from the first day.
It's hard for me to hate on Zuckerberg, the guy's a billionaire. It doesn't really matter what anyone of us think. Maybe most of us won't get to 1/10, but hopefully one day, a couple of us will end up represent some big brands at one point.
I'll race you to the top.
I made a lot, "a lot" to me as a newb investor, by playing the very volatile options market for gold and silver last year. Mostly day/week trading. If stock goes up or down quickly, you can make a killing or be killed (50-5000%+) in single day.
So I guess what I'm trying to say is that if you can get some options in FB before it takes off (ad network announcement etc.) than that'd be awesome. That's why I figure if it keeps inching down and down, once in the 10s or 20s, and the volatility goes down (and implied volatility too), than it'd be great to buy some options for 2-3 years out for a minimal investment and hope they really announce something amazing. Which I think they will/have to. Options are best when volatality is low, as high volatality already prices potential gains into the amount.