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Some interesting Financial's about FB, but so far the market doesn't seem to be liking FB.
Nor do I!
(05-18-2012 04:19 PM)Honey Wrote: [ -> ]Nor do I!

I was not really surprised it basically sat even. I don't know too many people who think Facebook is worth that much money to begin with. It will be interesting to see where it goes from here.
(05-18-2012 04:26 PM)kshymkiw Wrote: [ -> ]
(05-18-2012 04:19 PM)Honey Wrote: [ -> ]Nor do I!

I was not really surprised it basically sat even. I don't know too many people who think Facebook is worth that much money to begin with. It will be interesting to see where it goes from here.

I agree. It is a ballooned business. It could fall out of favor rather quickly when the next internet social craze hits.

On a digression.. Smile It is amazing the stuff people put out on there. Perfect example. This gal I know is addicted to Facebook. She works for the government, so she has a lot of free time to play on the computer. Recently, she dumped her hubby after 20 years because she apparently found a boyfriend. He (her boyfriend that she refered to "Elvis" on her page) turned out to be a stalker so she dumped him and went running back to her husband and they are back together. The entire sorid affair was played out on her facebook page in detail. Yes.. her idiot husband took her back, but under the condition that she delete her facebook page. Her husband is actually a really nice guy, but I just want to slap him because she pretty much did the same thing 13 years ago to him. Some people's children...Confused
I agree with Simon Black's position that even a P/E of 50 would be too high for Facebook, but then, Linked In has a P/E of 612 right now. It is just shocking. I suspect Facebook won't be able to hold up on hopium like Linked In seems to be able to (for now).
The fact that FB didn't go up today is quite bearish in my opinion. I may short this one. I certainly would not buy the shares.
CNBC has been pumping this as the single thing that will bring retail investors back into the market. Way to hover around unchanged, failbook.
I think the result from the IPO was terrible. The bankers even had to step in to make sure it did not drop below $38. Morgan Stanley and others have to prop the price up on a company that basically produces nothing. Monday will be interesting..
Its all over the financial news here(scandinavia)., hyped ofc, although reactions of first days of trade was a disappointment according to press.
I closed my FB account some month's ago, i couldnt stand it no more.
(05-18-2012 10:13 PM)SilverTemplePilot Wrote: [ -> ]CNBC has been pumping this as the single thing that will bring retail investors back into the market. Way to hover around unchanged, failbook.

The major news outlets have lost substantial viewership lately from what I hear. People would rather go hang out with a used car salesman for the day than watch an hour of news on CNN, CNBC, MSMBC, FOX, NBC, CBS, ABC, etc..

Online.. Bloomberg and Yahoo financial pages are bombarded with negative comments when they post their idiotic financial articles. Yahoo finance changed their page yesterday and stopped listing Gold at the top. Oh.. but in it's place, they put the chart for Facebook. Sad

People around here don't call it failbook, they call it facefu@#.. No kidding!
Never had an account and never will. Capital Account had a good video on FB offering!
I don't know anything about Facebook really...and have never been to it or seen it before...but I was doing a job in the Boise area when it launched and I caught an hour on the AM radio station that dedicated their show to Facebook's "launch" and it was getting 'slammed' hard by most of the callers. Boise has alot of Silicon Valley's throwaways and unwanted's....with a good portion of tech geeks taking employment with companies They sounded a bit jaded concerning the 90's "dot.com" feel of Facebook, but I really don't know...as I don't use those sort of online 'thingys'.
Down 10% today so far.
Surprised at how quickly FB's sp has faded. I expected the sp to rise for a few days at which time I would consider shorting it. Just shows that the general public have little appetite for shares right now.
(05-21-2012 03:26 PM)Cointreau Wrote: [ -> ]Surprised at how quickly FB's sp has faded. I expected the sp to rise for a few days at which time I would consider shorting it. Just shows that the general public have little appetite for shares right now.

I think it is Facebooks lack of charging for their service. Their business model is Advertising. We have all seen how Social Networks gain and lose popularity very quickly. What is to say that Facebook isn't MySpace 16 months from now?
(05-21-2012 04:24 PM)kshymkiw Wrote: [ -> ]
(05-21-2012 03:26 PM)Cointreau Wrote: [ -> ]Surprised at how quickly FB's sp has faded. I expected the sp to rise for a few days at which time I would consider shorting it. Just shows that the general public have little appetite for shares right now.

I think it is Facebooks lack of charging for their service. Their business model is Advertising. We have all seen how Social Networks gain and lose popularity very quickly. What is to say that Facebook isn't MySpace 16 months from now?

Heh Heh...I was trying to think of the "other' social network that was here and gone in a flash.. "Myspace".. Thanks for posting this. See... I couldn't even remember their name..Tongue
(05-21-2012 05:34 PM)Honey Wrote: [ -> ]
(05-21-2012 04:24 PM)kshymkiw Wrote: [ -> ]
(05-21-2012 03:26 PM)Cointreau Wrote: [ -> ]Surprised at how quickly FB's sp has faded. I expected the sp to rise for a few days at which time I would consider shorting it. Just shows that the general public have little appetite for shares right now.

I think it is Facebooks lack of charging for their service. Their business model is Advertising. We have all seen how Social Networks gain and lose popularity very quickly. What is to say that Facebook isn't MySpace 16 months from now?

Heh Heh...I was trying to think of the "other' social network that was here and gone in a flash.. "Myspace".. Thanks for posting this. See... I couldn't even remember their name..Tongue

And with the Twitter craze, who knows how long Facebook will be around.
everyone keep an eye on the facebook founders and directors selling large chunks of their stake on the open market. i presume it's already happenning. anyone wanna take the time and find that info and share it? this is all the time i'm willing to invest in facebook...well, that's a lie... this thread i'll continue to read and laugh. boooohaahaahaaa!!
(05-21-2012 05:49 PM)vonredbird Wrote: [ -> ]everyone keep an eye on the facebook founders and directors selling large chunks of their stake on the open market. i presume it's already happenning. anyone wanna take the time and find that info and share it? this is all the time i'm willing to invest in facebook...well, that's a lie... this thread i'll continue to read and laugh. boooohaahaahaaa!!

http://finance.yahoo.com/q/it?s=FB+Insider+Transactions

As the weeks go by, this will be updated. That is Insider Transaction history though.
(05-21-2012 06:40 PM)kshymkiw Wrote: [ -> ]
(05-21-2012 05:49 PM)vonredbird Wrote: [ -> ]everyone keep an eye on the facebook founders and directors selling large chunks of their stake on the open market. i presume it's already happenning. anyone wanna take the time and find that info and share it? this is all the time i'm willing to invest in facebook...well, that's a lie... this thread i'll continue to read and laugh. boooohaahaahaaa!!

http://finance.yahoo.com/q/it?s=FB+Insider+Transactions

As the weeks go by, this will be updated. That is Insider Transaction history though.

thx ksh!! see everyone, this is a blatant public transaction that shows how fast these creeps steal the $$ of peoples ira/mutual funds. goldman sachs sale of shares on friday (the opening trading day) reaps the bank $197 MILLION dollars. and what i ASSUME is also goldman sachs, listed as GS investment strategies reaps $717 MILLION from their sale...also on the opening day. that's nearing a BILLION dollars in the first day of trading. we are the sheeple. this curdles my blood!
(05-21-2012 06:40 PM)kshymkiw Wrote: [ -> ]
(05-21-2012 05:49 PM)vonredbird Wrote: [ -> ]everyone keep an eye on the facebook founders and directors selling large chunks of their stake on the open market. i presume it's already happenning. anyone wanna take the time and find that info and share it? this is all the time i'm willing to invest in facebook...well, that's a lie... this thread i'll continue to read and laugh. boooohaahaahaaa!!

http://finance.yahoo.com/q/it?s=FB+Insider+Transactions

As the weeks go by, this will be updated. That is Insider Transaction history though.

Wow... very interesting.. GS is highly vested... starting to bail.. Confused
(05-21-2012 09:09 PM)Honey Wrote: [ -> ]
(05-21-2012 06:40 PM)kshymkiw Wrote: [ -> ]
(05-21-2012 05:49 PM)vonredbird Wrote: [ -> ]everyone keep an eye on the facebook founders and directors selling large chunks of their stake on the open market. i presume it's already happenning. anyone wanna take the time and find that info and share it? this is all the time i'm willing to invest in facebook...well, that's a lie... this thread i'll continue to read and laugh. boooohaahaahaaa!!

http://finance.yahoo.com/q/it?s=FB+Insider+Transactions

As the weeks go by, this will be updated. That is Insider Transaction history though.

Wow... very interesting.. GS is highly vested... starting to bail.. Confused

ya, exactly! after many, many money managers bought the stock to put in into the sheeple's 401's and mutuals funds. imo, there should be a blackout period for the top people involved and holding millions of shares. i'm all for free enterprise...but this is not an example of that.
Oh yeah... This is a perfect example of pump and dump... at 401K expense..

Definately have to keep an eye on this info...
facebook sucks, and i agree with honey pump and dump to suckers.
Facebook taking suckers for stroll..

http://www.infowars.com/facebook-ipo-cia...-a-stroll/
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