Facebook IPO watch.

[Matthiasa]

everyone is aware that government is watching them on facebook. people are leaving it in droves. what better time to go public? make a ton of money before the site fizzles into obscurity. one last looting before its done.

Leaving them in droves... Their active monthly users have been going up ~40 Million a month for past year or so... And active daily numbers rising about half that amount.


Good try though.

 

[darkxshade]

So this is how it ends? Facebook goes IPO, they crash the stock market when everyone moves all their money into the company. They file for bankruptcy, the world plummets into chaos. 2012 prophecy is affirmed!

 

[Capt Caveman]

IPO on May 17th. If you have an eTrade account, you can get in on it.

 

[Corporate Thug]

Why only etrade?

 

[Capt Caveman]

Why only etrade?

There are others - http://money.cnn.com/2012/05/07/markets/facebook-ipo-investors/index.htm?source=yahoo_quote

But it appears they are more difficult to get in. ie. Fidelity - you need to have at least $500k in assets and made at least 36 trades in the last year.

 

[RichieZ]

There are others - http://money.cnn.com/2012/05/07/markets/facebook-ipo-investors/index.htm?source=yahoo_quote

But it appears they are more difficult to get in. ie. Fidelity - you need to have at least $500k in assets and made at least 36 trades in the last year.

you won't get an allocation at fidelity, i have well over that amount in assets (I worked at one of the other companies listed in the OP article) and haven't gotten a single share of any hot IPO they offered. But of course I put in for an allocation of FB just in case.

 

[PliotronX]

everyone is aware that government is watching them on facebook. people are leaving it in droves. what better time to go public? make a ton of money before the site fizzles into obscurity. one last looting before its done.

Get your tinfoil hats...

So I seem to recall Google started at about 80 a share then shot to 500 within a month or so. Think this'll start around 200?

 

[Zeze]

everyone is aware that government is watching them on facebook. people are leaving it in droves. what better time to go public? make a ton of money before the site fizzles into obscurity. one last looting before its done.

God that is terribly wrong.

Leaving it in droves? Maybe a few from techies sites like this. And for everyone of the them leaving, there's 300 of average HS kids, college students, and general public joining.

One last looting before it's done? Wrong.

 

[Capt Caveman]

Conditional Offer placed. Let's see if it's accepted...

 

[Corporate Thug]

price range has been upped to $34-38

 

[Capt Caveman]

price range has been upped to $34-38

Yeah, my offer was at $38.

 

[MustISO]

I would invest if I could get in at the offering price. Don't see that happening so I'll buy when it drops during the sell-off.

 

[Capt Caveman]

I would invest if I could get in at the offering price. Don't see that happening so I'll buy when it drops during the sell-off.

You might be able to get in at close to IPO price at market open. With Visa's IPO, I put in a market order right at launch. I didn't get the IPO price of $40 but got in at $45. It's now at around $118.

If my conditional offer isn't accepted, I may try that strategy.

 

[HardcoreRobot]

im guessing it will follow the Apple trend of, WTF are these people thinking

 

[rcpratt]

If I could get in at the IPO, I'd take a few and ride the pump and dump. I have no desire to get in during the pump and get dumped, though.

 

[OlafSicky]

This thing has only one place to go UP I will sell the shirt of my back to get in on the ground floor

 

[Crono]

Facebook is going to become even worse than it is from a user's perspective once the pressure from investors starts building up over the next few years. There's no way for them to make enough money unless they sacrifice users' data and/or add additional services to their site.

It's likely their immense success will start to be their downfall, and other social networking options start looking good to discontented users.

A public Facebook isn't sustainable with these expectations. It's Yahoo all over again.

 

[Corporate Thug]

Yeah, my offer was at $38.

my roommate placed an offer for $50 on 50 shares...apparently, demand is through the roof (at least at e trade/non underwriters/small purchases).

 

[Imported]

I've never done stocks.. but if I were to open an eTrade account today I'd be able to get in? I have a bit of money just sitting in a checking account that I wouldn't mind putting a portion of towards the Facebook IPO.

 

[FelixDeCat]

FB is has seen every potential source of revenue tapped. Advertisers are also starting to realize that its a pig in a poke, hype machine not worthy of a large ad budget. Here is the most recent:

GM Kills $10 Million Facebook Ad Campaign Because It Didn't Work


http://www.dailyfinance.com/2012/05...n-facebook-ad-campaign-because-it-didnt-work/

This stock is for shens. Im pretty positive that the average investor is going to get screwed royally on this. It will be a $10-$15 stock for the next 8-10 years.......just like Yahoo.

This is not the next big thing because they are coming to market fully matured. Expect valuation to be stuck in limbo for quite some time.

If anything, speculative puts are the only attractive thing here since the NEXT big Facebook scandal will cause the share price to crater.

 

[Crono]

If anything, speculative puts are the anything really attractive here since the NEXT big Facebook scandal will cause the share price to crater.

If I had the money...

Also, expect Google to slowly (compared to FB's future) deflate once people start realizing not everything they make is golden anymore.

 

[FelixDeCat]

If I had the money...

Also, expect Google to slowly (compared to FB's future) deflate once people start realizing not everything they make is golden anymore.

Im just wondering when Google will be forced into separate companies like ATT was back in the 80s. Google is a behemoth and an illegal monopoly when it comes to search, Adsense (Doubleclick) and of course Youtube.

 

[Crono]

Im just wondering when Google will be forced into separate companies like ATT was back in the 80s. Google is a behemoth and an illegal monopoly when it comes to search, Adsense (Doubleclick) and of course Youtube.

They are drawing a lot of scrutiny from the EU, but it might be some time before the U.S. regulators act in the same way that they did against ATT. If Google fiber becomes widespread, or if Google's driverless cars take off, they might draw more heat.

Google already has more access to my data than I would like... but that's my own fault.

 

[WelshBloke]

Im just wondering when Google will be forced into separate companies like ATT was back in the 80s. Google is a behemoth and an illegal monopoly when it comes to search, Adsense (Doubleclick) and of course Youtube.

How is google an illegal monopoly?

 

[paulney]

So, I've decided to jump on the bandwagon and get some. I have an old eTrade account I haven't used for 10 years now, so I logged in, placed a conditional offer and tried to transfer some money in... Fail. It takes 3 days for eTrade to transfer money from a verified bank account. Holy hell. I have instant deposit with Scottrade! (and that's why I use it)...

Oh well, guess no FB shares for me. I will be flying to Europe when they go live, so won't be able to place a market order either until the end of the day. Maybe it's for the better.