OFFICIAL Facebook IPO Thread

Will you be purchasing Facebook stock?

  • Total voters
    124
  • Poll closed .
Looks like they are going to try and build a phone (again)

Facebook Might Have a Smartphone in Its Future - NYTimes.com

For Facebook, the motivation is clear; as a newly public company, it must find new sources of revenue, and it fears being left behind in mobile, one of the most promising areas for growth.


“Mark is worried that if he doesn’t create a mobile phone in the near future that Facebook will simply become an app on other mobile platforms,” a Facebook employee said.
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Rumors of Facebook phone and Facebook browser.

Do they really think they can compete with the iPhone and the Chrome browser?

They should get to work on the facebook adsense imo
 
Looks like it is going to open around $31. All time low is $30.94.

So if it breaks below $31 there is no technical support down there, so it could fall very fast.

Options are also tradeable today.

Seems like the stock has gotten pretty boring. Anyone else still watching it or trading it? I'm just watching it because it's interesting. I might buy if it keeps going lower though.
 
r3p1v said:
I'm just watching it because it's interesting. I might buy if it keeps going lower though.
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I caution you on that. There's a lot of global uncertainty out there, the kind that might make portfolio managers (the kind of traders who can really move the price of a stock) ask themselves what the hell they're doing in a stock that doesn't appear to have much short term upside. I think the stock fell because of a lack of buyers, I don't think we've seen the real "goodbye, I'm done with this shit" selling yet, but we could see it soon, the kind that will not only spook off the bargain hunters, but take FB into a 20-25 range.

Mark Zuckerberg got what he wanted. The balance of the FB story is cloudy. Short that bitch.
 
infoslob said:
I caution you on that. There's a lot of global uncertainty out there, the kind that might make portfolio managers (the kind of traders who can really move the price of a stock) ask themselves what the hell they're doing in a stock that doesn't appear to have much short term upside. I think the stock fell because of a lack of buyers, I don't think we've seen the real "goodbye, I'm done with this shit" selling yet, but we could see it soon, the kind that will not only spook off the bargain hunters, but take FB into a 20-25 range.

Mark Zuckerberg got what he wanted. The balance of the FB story is cloudy. Short that bitch.
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Yeah, I'm considering buying around $20 or a dollar or two higher and not willing to put in more than I'm prepared to lose. I have doubts it will ever get there though. If it doesn't that's cool, but still not touching it.
 
Big miss in month of March consumer confidence. Look for FB support @ 29.40 ... 32 sounded cheap once, right?
 
r3p1v said:
Yeah, I'm considering buying around $20 or a dollar or two higher and not willing to put in more than I'm prepared to lose. I have doubts it will ever get there though. If it doesn't that's cool, but still not touching it.
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I think when the stock finds its own level it's going to become the Citi of tech stocks, just a colossal piece of shit. And when it settles and stops moving a dollar or two in either direction all dabblers will move on.

Made that money, MZ.
 
Fast forward to 2050 - Facebook is now 0.0037 a share and is being pumped in penny stock newsletters, Timothy Sykes now at the ripe old age of 79 is still banging on about how it was the greatest stock market fraud in human history after the birth of Goldman Sachs.
 
If you can afford to be long and understand that profits are not realized until you cash out, then this has to be seen as a buying opportunity.
 
guerilla said:
If you can afford to be long and understand that profits are not realized until you cash out, then this has to be seen as a buying opportunity.
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Don't buy now. It'll hit 25 for sure and possibly 20. I'll be buying in 40% of my profits from the year at 25 and another 30% if it hits 20 or lower. I will be watching.

This will do a lot better than a 401k. Speaking of a savings account, went to the bank. They offered me 0.05% annual interest on a savings account where it was practically locked in. LMFAO :321:
 
guerilla said:
If you can afford to be long and understand that profits are not realized until you cash out, then this has to be seen as a buying opportunity.
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I agree I'm buying again and then if it drops to the low to mid 20s I'll be doing it again. As much as I hate FB I do think in 5 years when people look back at this they will wish they woulda went against the trend and had either bought or hung on
 
pocketrockets said:
Buying opportunity based on what exactly?
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It's a buying opportunity in that it has gone down a significant percent.

Knowing when to buy is really really hard though. From my experience you should wait, wait, wait, wait, wait, and then when you see an extremely strong rally in the stock or w/e you are investing in, that is usually the bottom, or at least a temporary bottom.
 
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