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(Mega 949)   Facebook plans May 18 IPO. | like | shares | please |   (mega949.com ) divider line
    More: Followup, IPO, Facebook, road shows, Wall Street Journal  
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538 clicks; posted to Business » on 02 May 2012 at 1:46 PM (4 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



24 Comments     (+0 »)
 
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2012-05-02 01:49:40 PM  
Facebook trifecta in play?
 
2012-05-02 02:00:25 PM  
#notabubble
 
2012-05-02 02:06:20 PM  
| fark | you |
 
2012-05-02 02:26:40 PM  
The real shareholders have already made their money and the IPO is just so that the rest of us can loose our shirts in an official manner. I'm not touching this nonsense.
 
2012-05-02 02:53:21 PM  
I was thinking about shorting this, but I'm reminded of this Keynes quote: "The markets can stay irrational longer than you or I can remain solvent." It looks overvalued to me, but I don't trust the market to recognize this in the foreseeable future. Facebook is too ubiquitous to be counted out.
 
2012-05-02 02:56:59 PM  
Facebook has already peaked and they've got what, a 4 billion annual net? And on that basis they want a $75 billion market cap.

How does it feel to want?
 
2012-05-02 03:04:29 PM  

Atomic Spunk: I was thinking about shorting this, but I'm reminded of this Keynes quote: "The markets can stay irrational longer than you or I can remain solvent." It looks overvalued to me, but I don't trust the market to recognize this in the foreseeable future. Facebook is too ubiquitous to be counted out.


So was MySpace when Murdoch bought it and then drove it straight into the ground. I wouldn't count on a public company being nearly as nimble as it was when it was a start-up.
 
2012-05-02 03:24:58 PM  

DSF6969: The real shareholders have already made their money and the IPO is just so that the rest of us can loose our shirts in an official manner. I'm not touching this nonsense.


How have the real shareholders already made their money?
 
2012-05-02 03:30:58 PM  

russlar: #notabubble


Explain yourself. A bubble is built on nothing. Facebook has 0 debt, billions in cash and is making crazymoney.

This is not a failing company that is bleeding money.

Lemme guess, you have no knowledge of how money and financial markets actually work.
 
2012-05-02 03:53:43 PM  
A May 18th release you say?

Now I don't know
I don't know
I don't know how much I'm going to blow
on the Facebook IPO
 
2012-05-02 04:09:50 PM  

Marcus Aurelius: Atomic Spunk: I was thinking about shorting this, but I'm reminded of this Keynes quote: "The markets can stay irrational longer than you or I can remain solvent." It looks overvalued to me, but I don't trust the market to recognize this in the foreseeable future. Facebook is too ubiquitous to be counted out.

So was MySpace when Murdoch bought it and then drove it straight into the ground. I wouldn't count on a public company being nearly as nimble as it was when it was a start-up.


MySpace didn't have the number of members, visits or revenue streams that Facebook has. Not even close. I do agree that a public company probably won't be as nimble as a start-up, but that wasn't the point I was making. I said the markets will probably ignore the stratospheric valuation and keep the stock price up for a while because the company is a very popular brand at the moment. Markets can be irrational, especially when the buzz is loud.
 
2012-05-02 04:10:34 PM  

Debeo Summa Credo: DSF6969: The real shareholders have already made their money and the IPO is just so that the rest of us can loose our shirts in an official manner. I'm not touching this nonsense.

How have the real shareholders already made their money?


Shares have been trading on the secondary markets (read: unregulated) for months, sold by employees and initial investors. The IPO is simply the chance for the non-institutional traders to get involved. Forbes did an article about this last week.
 
2012-05-02 04:16:49 PM  

DSF6969: Debeo Summa Credo: DSF6969: The real shareholders have already made their money and the IPO is just so that the rest of us can loose our shirts in an official manner. I'm not touching this nonsense.

How have the real shareholders already made their money?

Shares have been trading on the secondary markets (read: unregulated) for months, sold by employees and initial investors. The IPO is simply the chance for the non-institutional traders to get involved. Forbes did an article about this last week.


Oh, okay. Good point. I'll have to check the Forbes article but I would assume Zuckerberg and the insiders still have the vast majority of their wealth in Facebook shares.
 
2012-05-02 04:32:44 PM  

Debeo Summa Credo: DSF6969: Debeo Summa Credo: DSF6969: The real shareholders have already made their money and the IPO is just so that the rest of us can loose our shirts in an official manner. I'm not touching this nonsense.

How have the real shareholders already made their money?

Shares have been trading on the secondary markets (read: unregulated) for months, sold by employees and initial investors. The IPO is simply the chance for the non-institutional traders to get involved. Forbes did an article about this last week.

Oh, okay. Good point. I'll have to check the Forbes article but I would assume Zuckerberg and the insiders still have the vast majority of their wealth in Facebook shares.


Zuckerberg and the insiders are the ones who will really make out well during the IPO, its some of their shares that are going on sale. They will make out like bandits when the share price skyrockets during the 1st 10 minutes, and then laugh as all the 1st IPO buyers loose their shirts as the share price nose-dives during the rest of the day. That was the main focus of the article. Never buy a stock during its IPO, wait at least 45 days for the stock to settle. Either that or be an initial investor and get rich when you sell your shares during the IPO.
 
2012-05-02 05:02:16 PM  
I'm definitely buying some options on the 18th. I don't think facebook is worth what it's market cap is going to be on the 18th, but I have no idea that whatever price the stock is on the morning of the 18th, it'll be a lot higher on the morning of November 18th.

Not gonna go crazy or anything, but am planning on buying about $2,500 worth of options. Irrational exuberance is ALWAYS a solid investment.
 
2012-05-02 05:23:53 PM  
My mom is on Facebook. She doesn't even know what a browser tab is.

I hope my mutual funds make a killing on Facebook and get the fark out before it goes tits up.

/mmm... tits
 
2012-05-02 06:24:50 PM  
the market is best avoided by most. the older you get the more people you will know, intelligent and well educated people, that have lost small fortunes they really could not afford to lose. it happens every business day across America. the real winners in the market are dealing with sums that most people never see in their entire life earnings.
 
2012-05-02 09:25:12 PM  
You know what else happened on may 18?

inapcache.boston.com
 
2012-05-02 09:42:30 PM  

russlar: #notabubble


#sellshort
 
2012-05-02 09:51:02 PM  
Clearly | this | piping | command | will | solve | all | issues.
 
2012-05-02 10:12:33 PM  

Malivon: Clearly | this | piping | command | will | solve | all | issues.


Just redirect stderr to /dev/null so you won't see the error messages.
 
2012-05-03 12:01:28 AM  
Bankrupt by Christmas.

Book it. Done.

/and I base this on absolutely nothing except my own cynicism
 
2012-05-03 03:50:24 AM  
That thing is so overvalued. It is not even funny.

I never liked how they were so adamant about people having to divulge their most intimate details.

Even grandmothers are creating thir FB profiles.

No, I refuse to be an unpaid FB employee.
 
2012-05-03 06:13:25 AM  

KrispyKritter: the market is best avoided by most. the older you get the more people you will know, intelligent and well educated people, that have lost small fortunes they really could not afford to lose.


I don't know about education level, but if have ANY money in the stock market that you can't afford to lose, you're not really that intelligent.

/ don't short based on valuation alone
 
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