hxtr Posted May 21, 2012 Member ID: 220 Group: **- Inactive Registered Users Followers: 147 Topic Count: 595 Topics Per Day: 0.10 Content Count: 16950 Content Per Day: 2.96 Reputation: 13538 Achievement Points: 129714 Solved Content: 0 Days Won: 120 Joined: 09/04/09 Status: Offline Last Seen: October 26, 2023 Birthday: 04/05/1970 Posted May 21, 2012 All hype... all them people that bought into it stands to gain very little if not lose big. I'm not happy when a good company goes public and then seeing them fail. They should have stayed private. Greed trumps all. http://www.mercurynews.com/business/ci_20672057/facebook-stock-sinks-below-ipo-price-second-day-shares-plummet Yop 1
Shamu Posted May 21, 2012 Member ID: 715 Group: **- Inactive Registered Users Followers: 8 Topic Count: 418 Topics Per Day: 0.07 Content Count: 2178 Content Per Day: 0.38 Reputation: 1183 Achievement Points: 16606 Solved Content: 0 Days Won: 1 Joined: 11/09/09 Status: Offline Last Seen: October 2, 2023 Birthday: 11/04/1943 Posted May 21, 2012 Personally I expect an even bigger drop in share pricing.
BigPapaDean Posted May 21, 2012 Member ID: 1128 Group: *** Clan Members Followers: 78 Topic Count: 1211 Topics Per Day: 0.22 Content Count: 6554 Content Per Day: 1.18 Reputation: 4430 Achievement Points: 63664 Solved Content: 0 Days Won: 6 Joined: 02/13/10 Status: Offline Last Seen: Wednesday at 01:06 AM Birthday: 10/21/1954 Device: Windows Posted May 21, 2012 its just adjusting to the real value. I mean really what do they really provide other than a social addiction to me and everyone else? Lol! RogueKill 1 Awards
Merlin007 Posted May 21, 2012 Member ID: 2068 Group: +++ COD5 Head Admin Followers: 71 Topic Count: 1130 Topics Per Day: 0.21 Content Count: 8588 Content Per Day: 1.63 Reputation: 7561 Achievement Points: 76635 Solved Content: 0 Days Won: 67 Joined: 12/25/10 Status: Offline Last Seen: 15 hours ago Birthday: 05/23/1973 Device: Android Posted May 21, 2012 (edited) I am no trading expert by no means, I just trade for fun (when I know I can afford to loose), but it's just my opinion that the opening price was only justified by it's hype until now. Will be interesting to see now what value the 'public' will put on this company. Edited May 21, 2012 by Merlin007 Awards
Exe Posted May 21, 2012 Member ID: 2567 Group: *** Clan Members Followers: 52 Topic Count: 41 Topics Per Day: 0.01 Content Count: 2904 Content Per Day: 0.57 Reputation: 983 Achievement Points: 17120 Solved Content: 0 Days Won: 6 Joined: 06/08/11 Status: Offline Last Seen: May 9 Birthday: 12/11/1986 Device: Windows Posted May 21, 2012 It's amazing the valuation of $104 billion for a company which is just selling people data. People who, most of the time, dunno their data are used by all applications (even when it's deleted). Opening price was really high i found but as BidmeanDean said, it's just adjusting. We'll see next days. GorillaXI 1 Awards
TheLastColdBeer Posted May 21, 2012 Member ID: 489 Group: ***- Inactive Clan Members Followers: 52 Topic Count: 553 Topics Per Day: 0.10 Content Count: 4745 Content Per Day: 0.83 Reputation: 6058 Achievement Points: 42053 Solved Content: 0 Days Won: 18 Joined: 09/22/09 Status: Offline Last Seen: December 23, 2024 Birthday: 01/09/1963 Device: Android Posted May 21, 2012 Personally I expect an even bigger drop in share pricing. I agree. Seems like people are quick to forget the 90's. Dot coms with nothing behind the name. Gonna have to actually produce a product, have equipment, and real estate, before I'll invest. Billionaires intent on becoming multi-billionaires. Didn't John Carmack say, "I already own all the Ferrari's I want"? hxtr 1 Awards
Tball Posted May 21, 2012 Member ID: 112 Group: **- Inactive Registered Users Followers: 2 Topic Count: 104 Topics Per Day: 0.02 Content Count: 1132 Content Per Day: 0.20 Reputation: 228 Achievement Points: 6975 Solved Content: 0 Days Won: 0 Joined: 09/02/09 Status: Offline Last Seen: January 3, 2015 Birthday: 10/09/1960 Posted May 21, 2012 Google is and was the same way opened up at 110 or there abouts i said then those idiots what do they offer nothing. Well google (GOOG) closed today at 614
hxtr Posted May 21, 2012 Member ID: 220 Group: **- Inactive Registered Users Followers: 147 Topic Count: 595 Topics Per Day: 0.10 Content Count: 16950 Content Per Day: 2.96 Reputation: 13538 Achievement Points: 129714 Solved Content: 0 Days Won: 120 Joined: 09/04/09 Status: Offline Last Seen: October 26, 2023 Birthday: 04/05/1970 Author Posted May 21, 2012 well lets wait for all the changes... as you know for them to continue to keep making more and more money, they will have to make major changes over and over. Can't just keep it the way it is and expect it to make more. This is the part of companies going public I hate the most. What made them great many times goes away. TheLastColdBeer and BigPapaDean 2
TheLastColdBeer Posted May 22, 2012 Member ID: 489 Group: ***- Inactive Clan Members Followers: 52 Topic Count: 553 Topics Per Day: 0.10 Content Count: 4745 Content Per Day: 0.83 Reputation: 6058 Achievement Points: 42053 Solved Content: 0 Days Won: 18 Joined: 09/22/09 Status: Offline Last Seen: December 23, 2024 Birthday: 01/09/1963 Device: Android Posted May 22, 2012 I'm not saying there isn't a chance to make money, but what is it based on? This is gambling pure & simple. You're buying into an idea, nothing more. No tangible assets, no hard product. No dividends, no promises. Apple makes product & software. Burlington Northern SanteFe has property & equipment. Caterpiller offers a dividend & has manufacturing plants world wide. Facebook has......? Couple of billionaire marketeers. Intent on making more money. I guess wealthy isn't good enough. I'm watching the stock, see if it swings. Buy low, sell when you feel comfortable with the profit, and don't worry about the money you could have made. PingLo, BigPapaDean, Exe and 1 other 4 Awards
Shamu Posted May 22, 2012 Member ID: 715 Group: **- Inactive Registered Users Followers: 8 Topic Count: 418 Topics Per Day: 0.07 Content Count: 2178 Content Per Day: 0.38 Reputation: 1183 Achievement Points: 16606 Solved Content: 0 Days Won: 1 Joined: 11/09/09 Status: Offline Last Seen: October 2, 2023 Birthday: 11/04/1943 Posted May 22, 2012 The one possible consolation if the price drops below the offering price is that mostly big players will get hurt. Sometimes very hard for the average Joe to get in at the offering price with an IPO. Institutions and big money get first shot. hxtr and BigPapaDean 2
Dark Asylumn Posted May 22, 2012 Member ID: 809 Group: *** Clan Members Followers: 41 Topic Count: 252 Topics Per Day: 0.04 Content Count: 2840 Content Per Day: 0.50 Reputation: 1032 Achievement Points: 20424 Solved Content: 0 Days Won: 1 Joined: 11/29/09 Status: Offline Last Seen: Thursday at 05:54 PM Birthday: 06/25/1979 Device: Windows Posted May 22, 2012 I'm not saying there isn't a chance to make money, but what is it based on? This is gambling pure & simple. You're buying into an idea, nothing more. No tangible assets, no hard product. No dividends, no promises. Apple makes product & software. Burlington Northern SanteFe has property & equipment. Caterpiller offers a dividend & has manufacturing plants world wide. Facebook has......? Couple of billionaire marketeers. Intent on making more money. I guess wealthy isn't good enough. I'm watching the stock, see if it swings. Buy low, sell when you feel comfortable with the profit, and don't worry about the money you could have made. fb offers a service just like google and the other techies. you are investing in a SERVICE Awards
PimpedOutPete Posted May 22, 2012 Member ID: 174 Group: +++ COD2 Head Admin Followers: 130 Topic Count: 387 Topics Per Day: 0.07 Content Count: 15027 Content Per Day: 2.62 Reputation: 8043 Achievement Points: 92206 Solved Content: 0 Days Won: 59 Joined: 09/02/09 Status: Offline Last Seen: 26 minutes ago Birthday: 04/23/1970 Device: Macintosh Posted May 22, 2012 lol.... I love it. BigPapaDean, TheLastColdBeer and hxtr 3 Awards
little_old_man Posted May 22, 2012 Member ID: 1194 Group: ***- Inactive Clan Members Followers: 40 Topic Count: 436 Topics Per Day: 0.08 Content Count: 6692 Content Per Day: 1.20 Reputation: 11691 Achievement Points: 53094 Solved Content: 0 Days Won: 76 Joined: 02/27/10 Status: Offline Last Seen: April 16, 2023 Birthday: 04/15/1960 Posted May 22, 2012 If you look back a couple weeks I said the stock would settle down after it was released. It may drop to half, it may drop to a couple bucks. People just have to decide where they think the bottom is and buy when they're comfortable. Facebook is only worth as much as the amount of advertising revenue they can bring in. They're losing GM which is a big client, and others may follow. From what I hear the are thinking about charging a monthly fee to use FB. Something like $2 per month, but they currently have over 900 million registered users, and if they can keep even half of that number at $2 per month, that's a shitload of cash. Stay tuned! Awards
Tball Posted May 22, 2012 Member ID: 112 Group: **- Inactive Registered Users Followers: 2 Topic Count: 104 Topics Per Day: 0.02 Content Count: 1132 Content Per Day: 0.20 Reputation: 228 Achievement Points: 6975 Solved Content: 0 Days Won: 0 Joined: 09/02/09 Status: Offline Last Seen: January 3, 2015 Birthday: 10/09/1960 Posted May 22, 2012 I'm not saying there isn't a chance to make money, but what is it based on? This is gambling pure & simple. You're buying into an idea, nothing more. No tangible assets, no hard product. No dividends, no promises. Apple makes product & software. Burlington Northern SanteFe has property & equipment. Caterpiller offers a dividend & has manufacturing plants world wide. Facebook has......? Couple of billionaire marketeers. Intent on making more money. I guess wealthy isn't good enough. I'm watching the stock, see if it swings. Buy low, sell when you feel comfortable with the profit, and don't worry about the money you could have made. I wont sell what FB does short every single young person is on it do you see growth there ummmm yea and as far as GM pulling out GM has pulled out a lot campaigns they also pulled out of the Superbowl
billyblade Posted May 22, 2012 Member ID: 34 Group: ***- Inactive Clan Members Followers: 47 Topic Count: 182 Topics Per Day: 0.03 Content Count: 2097 Content Per Day: 0.37 Reputation: 1003 Achievement Points: 14880 Solved Content: 0 Days Won: 1 Joined: 09/01/09 Status: Offline Last Seen: April 12, 2018 Birthday: 04/29/1966 Posted May 22, 2012 All hype... all them people that bought into it stands to gain very little if not lose big. I'm not happy when a good company goes public and then seeing them fail. They should have stayed private. Greed trumps all. http://www.mercuryne...-shares-plummet cmon hxtr...you know you bought at 43....just like we all know you bought itunes when it hit......smoke "before" you buy, that way you wont care and will forget to hit enter on the transaction button......DOH!!!!!! hxtr and BigPapaDean 2 Awards
billyblade Posted May 22, 2012 Member ID: 34 Group: ***- Inactive Clan Members Followers: 47 Topic Count: 182 Topics Per Day: 0.03 Content Count: 2097 Content Per Day: 0.37 Reputation: 1003 Achievement Points: 14880 Solved Content: 0 Days Won: 1 Joined: 09/01/09 Status: Offline Last Seen: April 12, 2018 Birthday: 04/29/1966 Posted May 22, 2012 I'm not saying there isn't a chance to make money, but what is it based on? This is gambling pure & simple. You're buying into an idea, nothing more. No tangible assets, no hard product. No dividends, no promises. Apple makes product & software. Burlington Northern SanteFe has property & equipment. Caterpiller offers a dividend & has manufacturing plants world wide. Facebook has......? Couple of billionaire marketeers. Intent on making more money. I guess wealthy isn't good enough. I'm watching the stock, see if it swings. Buy low, sell when you feel comfortable with the profit, and don't worry about the money you could have made. I wont sell what FB does short every single young person is on it do you see growth there ummmm yea and as far as GM pulling out GM has pulled out a lot campaigns they also pulled out of the Superbowl BTW....GM pulled out its ad revenue so they could buy at the open for 38/share...thats the only way that company could see to raise some money, cuz selling cars aint gettin it....FORD TOUGH BABY!!!!!!! Awards
DEEJAYKEG Posted May 22, 2012 Member ID: 1238 Group: ***- Inactive Clan Members Followers: 35 Topic Count: 1207 Topics Per Day: 0.22 Content Count: 6083 Content Per Day: 1.10 Reputation: 4985 Achievement Points: 50728 Solved Content: 0 Days Won: 11 Joined: 03/12/10 Status: Offline Last Seen: April 11, 2024 Posted May 22, 2012 (edited) On a scale of 1 to 10, my interest in this share sale as with all others is zero. It is just gambling by another name. Thatcher wanted us all to become share-holding home-owners; in itself that is the best recommendation to keep renting and ignore the greed-fests! Edited May 22, 2012 by DEEJAYKEG hxtr and BigPapaDean 2 Awards
TheLastColdBeer Posted May 22, 2012 Member ID: 489 Group: ***- Inactive Clan Members Followers: 52 Topic Count: 553 Topics Per Day: 0.10 Content Count: 4745 Content Per Day: 0.83 Reputation: 6058 Achievement Points: 42053 Solved Content: 0 Days Won: 18 Joined: 09/22/09 Status: Offline Last Seen: December 23, 2024 Birthday: 01/09/1963 Device: Android Posted May 22, 2012 lol.... I love it. lol Pete, you should invest in Maytag.....agitator you. As far as investing in SERVICE, got any whores around? When our niece was in college & playing basketball overseas we kept up on FB. Once she came home & started work on the Chicago Mercantile Exchange, my wife & I both dropped our facebook accounts. Just don't give two shakes about old classmates & divorced girlfriends. Might add some shares to my portfolio, but it's not gonna be a majority investment. Thank you all for the Economics lesson. Don't know how I made it this far w/o the XpErT advice. hxtr and BigPapaDean 2 Awards
hxtr Posted May 22, 2012 Member ID: 220 Group: **- Inactive Registered Users Followers: 147 Topic Count: 595 Topics Per Day: 0.10 Content Count: 16950 Content Per Day: 2.96 Reputation: 13538 Achievement Points: 129714 Solved Content: 0 Days Won: 120 Joined: 09/04/09 Status: Offline Last Seen: October 26, 2023 Birthday: 04/05/1970 Author Posted May 22, 2012 31 Dollars after 3 days. hahahahaha what a fucking joke. I hope it drops to 50 cents. TheLastColdBeer and BigPapaDean 2
Shamu Posted May 23, 2012 Member ID: 715 Group: **- Inactive Registered Users Followers: 8 Topic Count: 418 Topics Per Day: 0.07 Content Count: 2178 Content Per Day: 0.38 Reputation: 1183 Achievement Points: 16606 Solved Content: 0 Days Won: 1 Joined: 11/09/09 Status: Offline Last Seen: October 2, 2023 Birthday: 11/04/1943 Posted May 23, 2012 (edited) Does anyone do any real market plays? Along with income based mutual funds I own AMAT, GE, TOT, TEVA , XRX and HARL. HARL has been an employee option through the bank where my wife worked and has moved nicely as of late, I have sold off a significant amount of privately held shares. Still have many in a 401 but the stock does pay a 5% dividend....... not bad at all. One of the best dividend paying stocks out there. The drawback is extremely low volume in shares traded. News: http://money.cnn.com/2012/05/22/markets/facebook-ipo-morgan-stanley/index.htm?hpt=hp_t1 Edited May 23, 2012 by Shamu
BattlewolF Posted May 23, 2012 Member ID: 2028 Group: ***- Inactive Clan Members Followers: 12 Topic Count: 42 Topics Per Day: 0.01 Content Count: 1740 Content Per Day: 0.33 Reputation: 545 Achievement Points: 10637 Solved Content: 0 Days Won: 0 Joined: 12/10/10 Status: Offline Last Seen: November 11, 2024 Birthday: 03/10/1963 Device: Windows Posted May 23, 2012 Who cares they are miljonairs Awards
Shamu Posted May 23, 2012 Member ID: 715 Group: **- Inactive Registered Users Followers: 8 Topic Count: 418 Topics Per Day: 0.07 Content Count: 2178 Content Per Day: 0.38 Reputation: 1183 Achievement Points: 16606 Solved Content: 0 Days Won: 1 Joined: 11/09/09 Status: Offline Last Seen: October 2, 2023 Birthday: 11/04/1943 Posted May 23, 2012 Who cares they are miljonairs You could be too with proper money management.
JohnnyQuest Posted May 24, 2012 Member ID: 1965 Group: Fallen Members Followers: 0 Topic Count: 43 Topics Per Day: 0.01 Content Count: 1176 Content Per Day: 0.22 Reputation: 1082 Achievement Points: 8599 Solved Content: 0 Days Won: 0 Joined: 11/12/10 Status: Offline Last Seen: June 15, 2016 Birthday: 02/11/1969 Posted May 24, 2012 Facebook...social network...so and so updated their status...joe blow wrote on this persons wall...when will the madness stop... [boring]...give it time and they will give away the shares...like who really cares if i update my status or not...lmao...juvinile shit i don't think that it has the potential to last another five years...after all who gives a rats ass if i have updated my status or not...lol,,,it reminds me of the dot net crash...i tried it once and i thought it was kind of geared for the 12yr. old crowd...or the ones that are shut ins...lol hxtr 1
Shamu Posted May 29, 2012 Member ID: 715 Group: **- Inactive Registered Users Followers: 8 Topic Count: 418 Topics Per Day: 0.07 Content Count: 2178 Content Per Day: 0.38 Reputation: 1183 Achievement Points: 16606 Solved Content: 0 Days Won: 1 Joined: 11/09/09 Status: Offline Last Seen: October 2, 2023 Birthday: 11/04/1943 Posted May 29, 2012 (edited) FB continues to tank. And it could get worse since many advertisers are rethinking their positions on FB. I would not touch this stock even with your money, a ten foot pole and gloves. (Which is what brokers do ) Down $3.00 today at $28.84, almost a $10.00 tank. Edited May 29, 2012 by Shamu hxtr, billyblade and TheLastColdBeer 3
hxtr Posted May 29, 2012 Member ID: 220 Group: **- Inactive Registered Users Followers: 147 Topic Count: 595 Topics Per Day: 0.10 Content Count: 16950 Content Per Day: 2.96 Reputation: 13538 Achievement Points: 129714 Solved Content: 0 Days Won: 120 Joined: 09/04/09 Status: Offline Last Seen: October 26, 2023 Birthday: 04/05/1970 Author Posted May 29, 2012 FB continues to tank. And it could get worse since many advertisers are rethinking their positions on FB. I would not touch this stock even with your money, a ten foot pole and gloves. (Which is what brokers do ) Down $3.00 today at $28.84, almost a $10.00 tank. I really makes me laugh.. i know sad but thats what they get for going public. The most hyped stock, largest IPO, and now the shit is tanking. hahahahaha classic!!!
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