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Facebook IPO watch.

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Eug said:
Except most of them are saying this with the retrospectoscope. It's always easy to be right after the fact, and almost nobody was saying $11 was appropriate.
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I said from the beginning this stock was for ship. See for yourself.

Should have listened. :colbert:
 
uclabachelor said:
If you truly believe that Facebook will double in a year, then you'd put money where your mouth is at and buy some shares, but you won't do it. You don't have the guts to back up your "speculation".
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Cry moar troll b/c I don't bet. You can either accept my opinion or log off ATOT if you don't like it. Just to piss you off again, to reiterate don't be surprised if this stock is in the 50's in a year.
 
Eug said:
Except most of them are saying this with the retrospectoscope. It's always easy to be right after the fact, and almost nobody was saying $11 was appropriate.
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there were some talking heads who did say WTF its worthless but nobody listened to them after all its the social media that changed the world it has to have some value.

2 bucks a share in my world and that is being generous.

at this rate it will be at 2 bucks a share soon.

FB:US
28.8600 USD 3.0500 -9.56%

As of 14:07:24 ET on 05/29/2012.
 
SP33Demon said:
Are you stupid? LinkedIn is over double it's IPO a year back and trading at 800 P/E. Of course that won't last but speculation can easily drive a stock through the roof for a couple years. P/E only matters over long periods of time and FB could easily be trading in the 60's in a year.
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OMG lolololol wtf. I just checked, am i really looking at the right stock? Linked in is 600+ PE now for the US and EU tickers, lol talk about freaking overvalued.
Except most of them are saying this with the retrospectoscope. It's always easy to be right after the fact, and almost nobody was saying $11 was appropriate.
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I knew it was hugely overvalued, but to be honest I am absolutely pathetic, beyond pathetic, at trading stocks, so I do not put my money where my mouth is now :biggrin:

BTW, a lot of investors were polled before the IPO and I recall more than half said that $38 was overpriced. I maybe read this on CNBC, I can't quite recall.
 
MeowKat said:
I said from the beginning this stock was for ship. See for yourself.

Should have listened. :colbert:
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I said it was overvalued too, but neither you nor I are MSNBC analysts.

Doppel said:
BTW, a lot of investors were polled before the IPO and I recall more than half said that $38 was overpriced. I maybe read this on CNBC, I can't quite recall.
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Yeah, but most weren't thinking ten bucks. IIRC, many were in the $25-35 range.
 
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SP33Demon said:
Cry moar troll b/c I don't bet. You can either accept my opinion or log off ATOT if you don't like it.
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Sure buddy, anyone who buys stock based off random people on the internet deserves to lose their money. You just scream the loudest hoping others will act on your speculation.

Just to piss you off again, to reiterate don't be surprised if this stock is in the 50's in a year.
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Why would I be pissed? I'm already up a few thousand on some $30 put options I bought this morning.

Only way it's the stock is going to be in the $50's is if it does a 4:1 reverse split.
 
uclabachelor said:
Sure buddy, anyone who buys stock based off random people on the internet deserves to lose their money. You just scream the loudest hoping others will act on your speculation.



Why would I be pissed? I'm already up a few thousand on some $30 put options I bought this morning.

Only way it's the stock is going to be in the $50's is if it does a 4:1 reverse split.
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When did you buy, what strike, expiration and how many lots? What price did you get filled at?
 
It's got to hurt for all the people who were tripping over themselves to buy this stock on opening day, especially those here on ATOT.
 
SP33Demon said:
Cry moar troll b/c I don't bet. You can either accept my opinion or log off ATOT if you don't like it. Just to piss you off again, to reiterate don't be surprised if this stock is in the 50's in a year.
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Haha, first it was going to hit $60, now it will be in the "50's" in a year. I'll let you keep revising it until you get to the "30's".
 
First look at the fundamentals to weed out the hype... More established companies such as Apple and Google are trading at a P/E ratio of between 10 and 20 during a "bad economy." FB IPO share prices were trading at a P/E ratio of over 100!! Which raises a red flag already surrounding the IPO...

The only way that FB stock will double is:

1) Its Net Income Doubles
2) It introduces a NEW revolutionary product that can take potential earnings to another level.

As a CEO, Mark Zuckerberg's primary goal is to increase shareholder wealth and the only way to do that is to increase net profit with these two ways:

1) Increase Revenue
2) Decrease costs

If Zuckerberg can increase revenue by implmenting both = SUPER CEO

Or if he goes with only option# 1, an inverse relationship may happen because their main revenue generating product is selling advertisement. By increasing more revenue by increasing advertisments = may lose FB members = decrease or slow growth. Which may lead to decrease in shareholder wealth = stock tanks

If he goes with option#2 he may lose talented executives and or developers/software engineers to their rivals = new competitor comes out of the blue and FB becomes like Myspace and Friendster.

The main reason for the IPO is to get enough cash to buy out the "next big hype" or buy out their competitors like instagram...

Or the equity holders wanting to cash out because they noticed growth is slowing...

Just from my simple analysis if FB doesn't do something soon to increase revenue.. the P/E ratio may drop to a more "believeable" P/E 20 = stock price would be about $9 per share give or take some change...
 
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2) It introduces a NEW revolutionary product that can take potential earnings to another level.
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Apparently based on what I read yesterday and today that new revolutionary product is an un-tethered communication device, similar to a conventional telephone, except battery powered and will use radio waves to allow instant communication with other people.

Oh, wait, that is a cell phone. Yep, that is the market FB is considering getting into. Should be easy because it's not like there is any competition with handhelds 🙂
 
http://www.telegraph.co.uk/technolo...rashes-below-30-in-worst-IPO-in-a-decade.html

Shares in Facebook have dropped below the $30 mark, capping what has been hailed as the most disastrous start to trading of any major flotation in the last decade.
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I think this is great. It must suck having gotten in at $45 and currently seeing your shares at less than $29. I'm really hoping this deflates the idiots' sense that seems to be the norm now concluding that Facebook is God's gift to mankind and everything everywhere will be FB, the alpha and omega.

I don't normally cheer people losing money, but the hype over FB continues to bother me, so this is certainly a case of sweet Schadenfreude to me.
 
Doppel said:
Apparently based on what I read yesterday and today that new revolutionary product is an un-tethered communication device, similar to a conventional telephone, except battery powered and will use radio waves to allow instant communication with other people.

Oh, wait, that is a cell phone. Yep, that is the market FB is considering getting into. Should be easy because it's not like there is any competition with handhelds 🙂
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Could make a smart phone that is paid for via advertisements. Or they could just buy RIMM. NOTE: RIMM has already turned down multiple offers from the private equity world. RIMM will not take low ball offers.
 
Doppel said:
Apparently based on what I read yesterday and today that new revolutionary product is an un-tethered communication device, similar to a conventional telephone, except battery powered and will use radio waves to allow instant communication with other people.

Oh, wait, that is a cell phone. Yep, that is the market FB is considering getting into. Should be easy because it's not like there is any competition with handhelds 🙂
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The barrior of entry into that market is not easy! (I worked in the wireless communications industry for 10 years!)

They will also have to deal with RMAs and Warranty - that is if the the Wireless Carriers even approve their devices to use on their network. They will also have to hire a customer service staff, etc = higher costs... AND they will have to fight against Samsung and Apple who may not play nice!
 
Doppel said:
Oh, wait, that is a cell phone. Yep, that is the market FB is considering getting into. Should be easy because it's not like there is any competition with handhelds 🙂
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That is what I said before. It is rumoured that Facebook people have been visiting Blackberry head office several times. With RIM problems they are ripe for a buy out and FB has the cash. Watch out apple!!!!
 
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