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Please state your views & opinion over Facebook's USD 104 Billion IPO
- Thread starter Sperminator
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Even if it's for long term, why not buy at $38.01? That's a 5% swing. :p
What's your long term target price?
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bought some at 38.23. will sell at 90.
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Okay noted. Thx.
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Lol next thing u will say is u bought at $1. Good price!
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I did a hit and run, bot 38.69 sld 41.68, Made a nice tidy sum.
I was a facebook shareholder for a whole 20mins!
I'm more a fundamentals investor than a risk taker, so I'll sit and wait for more solid plans to be laid out before deciding my next entry.
The fact that the 15billion raised in this IPO is mostly going to Zuckerberg and his earlier backers, don't know how much will go into development.
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After all the hype, FB closed up only 23C or 0.6%.
FB with a PE ratio 124 is much too overpriced....four to five times more expensive than Google or Apple.
In 90 days when the moratorium to sell newly issued shares is lifted, its price has only one way to go.
I don't know how to use FB, but when I see a bubble, I know.
FB with a PE ratio 124 is much too overpriced....four to five times more expensive than Google or Apple.
In 90 days when the moratorium to sell newly issued shares is lifted, its price has only one way to go.
I don't know how to use FB, but when I see a bubble, I know.
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Facebook stumbles on IPO debut
US shares skid as Facebook IPO stumbles
AFP
US stocks slumped Friday as Facebook's keenly awaited market debut disappointed, adding to bearish sentiment about Europe's financial woes.
The Dow Jones Industrial Average dropped 73.11 points, or 0.59 percent, to finish the day at 12,369.38.
The S&P 500-stock index shed 9.64 (0.74 percent) to 1,295.22.
The tech-rich Nasdaq, where Facebook's shares began trading under the FB ticker, tumbled 34.90 (1.24 percent) to 2,778.79.
"US equities finished lower today after the highly anticipated IPO of Facebook could not sway investors' attention away from European debt issues," Charles Schwab & Co. analysts said.
Facebook shares rose just 23 cents, a gain of 0.6 percent over its initial public offering price of $38, amid record volume of more than 575 million shares.
The IPO gave the world's biggest social network a dizzying value of $104 billion.
The California-based company raised $16 billion, without taking into account an over-allotment option for the underwriters, making it the richest IPO after financial giant Visa in 2008, according to Renaissance Capital.
But that was well below expectations for Facebook's much-hyped market debut, pushing the Dow and the S&P 500 into the red for a sixth straight day.
The Facebook fizzle hammered the tech shares, including other popular social media companies.
Trading was suspended twice on Zynga, which makes popular games used on Facebook and other platforms, as its shares plunged. Zynga closed 13.4 percent lower at $7.16.
Pandora slumped 7.1 percent, LinkedIn lost 5.7 percent and Groupon slid 6.7 percent.
Hard disk-drive makers Seagate and Western Digital each lost more than six percent.
A bright spot in the tech space was Yahoo!, up 3.7 percent on renewed rumors that it was close to a multibillion-dollar deal to sell half of its stake in Alibaba.com back to the Chinese online shopping portal.
Key Facebook IPO underwriters also suffered. Morgan Stanley dipped 0.8 percent, Citigroup dropped 1.5 percent and JPMorgan Chase, also under pressure from a $2 billion-plus trading loss, gave up 1.3 percent.
The bond market was mixed. The yield on the 10-year Treasury was unchanged at 1.70 percent from Thursday, while the 30-year fell to 2.79 percent from 2.81 percent.
Bond prices and yields move in opposite directions.
US shares skid as Facebook IPO stumbles
AFP
US stocks slumped Friday as Facebook's keenly awaited market debut disappointed, adding to bearish sentiment about Europe's financial woes.
The Dow Jones Industrial Average dropped 73.11 points, or 0.59 percent, to finish the day at 12,369.38.
The S&P 500-stock index shed 9.64 (0.74 percent) to 1,295.22.
The tech-rich Nasdaq, where Facebook's shares began trading under the FB ticker, tumbled 34.90 (1.24 percent) to 2,778.79.
"US equities finished lower today after the highly anticipated IPO of Facebook could not sway investors' attention away from European debt issues," Charles Schwab & Co. analysts said.
Facebook shares rose just 23 cents, a gain of 0.6 percent over its initial public offering price of $38, amid record volume of more than 575 million shares.
The IPO gave the world's biggest social network a dizzying value of $104 billion.
The California-based company raised $16 billion, without taking into account an over-allotment option for the underwriters, making it the richest IPO after financial giant Visa in 2008, according to Renaissance Capital.
But that was well below expectations for Facebook's much-hyped market debut, pushing the Dow and the S&P 500 into the red for a sixth straight day.
The Facebook fizzle hammered the tech shares, including other popular social media companies.
Trading was suspended twice on Zynga, which makes popular games used on Facebook and other platforms, as its shares plunged. Zynga closed 13.4 percent lower at $7.16.
Pandora slumped 7.1 percent, LinkedIn lost 5.7 percent and Groupon slid 6.7 percent.
Hard disk-drive makers Seagate and Western Digital each lost more than six percent.
A bright spot in the tech space was Yahoo!, up 3.7 percent on renewed rumors that it was close to a multibillion-dollar deal to sell half of its stake in Alibaba.com back to the Chinese online shopping portal.
Key Facebook IPO underwriters also suffered. Morgan Stanley dipped 0.8 percent, Citigroup dropped 1.5 percent and JPMorgan Chase, also under pressure from a $2 billion-plus trading loss, gave up 1.3 percent.
The bond market was mixed. The yield on the 10-year Treasury was unchanged at 1.70 percent from Thursday, while the 30-year fell to 2.79 percent from 2.81 percent.
Bond prices and yields move in opposite directions.
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Online
These bosses should count themselves lucky that online gaming is not that addictive - companies loses both time (man-hours) and money for more bandwidth.
These bosses should count themselves lucky that online gaming is not that addictive - companies loses both time (man-hours) and money for more bandwidth.
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Now Fb trading at $34. Why don't you sell me the option to buy from you at $1 one month from now?
Last edited:
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Heading for low 20's for sure.
Short the bugger!
Short the bugger!
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Bragging on the internet is ok as no one will know the truth but don't forget to jio ChingShihi and The White Rose.
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And i always wondered why eatshitndie chose his nick. Now i know why. Waiting for a $90 payoff day for facebook is probably eating shit and die indeed.
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Haha FB 34 is broken and now passing 33 sumthing.
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Amateurs like eatshitndie prob don't know what is coming 90 days later
$90? I hope he live long enough to see that day
$90? I hope he live long enough to see that day
Last edited:
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Amateurs like eatshitndie prob don't know what is coming 90 days later
$90? I hope he live long enough to see that day
Appears to me that FB is just going to be another FAD... there is no real measurable value in investing in FB, the sales are all forecasted... furthermore, global markets are not doing well....
people only start to spend money, say buying credits via Facebook when they have extra disposable income...
and since the pitch of FB is free, everyone expects the platform itself to be free... and it'll be difficult for Mark to monetize on it... except to sell advertising to major advertisers...
So, at this point of time, the world market sucks... who would want to spend their money in FB, buying games credits? when you can download games for Free?
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34 now. cheap to buy more.
anyway, don't go all in at once. buy in stages and in small chunks. my budget for fb is tiny. 5 years is long term for me. never panic, but at the same time, never bet against merl. he's always right. but i may prove him wrong on this. it's just a 5-year bet. small change.
anyway, don't go all in at once. buy in stages and in small chunks. my budget for fb is tiny. 5 years is long term for me. never panic, but at the same time, never bet against merl. he's always right. but i may prove him wrong on this. it's just a 5-year bet. small change.
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