Facebook IPO watch.

[Imported]

Well no FB for me it seems. eTrade says they have closed the order window.. Bah.

 

[cirrrocco]

I should know today if etrade accepted my conditional buy. I hope they did.

 

[KingGheedora]

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.

I don't like FB but I don't think you can say definitively that it won't make more money or find more ways to increase revenue. They could start charging for all sorts of new types of ads within feeds and timelines, and also start a product to compete with adsense. The whole point of the FB like button was to sink their hooks into every corner of the web. They have been quietly collecting data about everyone's browsing habbits *off* of facebook ever since the LIKE button was released. They could even have data from this on people who don't have FB accounts. This puts them into a position to start offering an adsense-like targeted ad on any website on the internet (assuming the site owner elects to participate in such a program over adsense).

If they ever buy Bing from Microsoft they could also use all that same data to do targeted search ads, just like google does in their search product. So I wouldn't say the IPO is dead. It's a gamble, but there is a very real possibility that they will continue to grow.

And I say all this as someone who dislikes facebook. I'm not advocating buying into the IPO though. Just pointing out that your argument is missing the big picture.

 

[paulney]

My conditional offer denied.
Let's see what happens tomorrow.

 

[rcpratt]

It will be amusing to see the movement on this tomorrow. What do we think it will top at before ending below $35?

 

[SunnyD]

It will be amusing to see the movement on this tomorrow. What do we think it will top at before ending below $35?

Given how LIKD's and GRPN's IPO went, I'm pretty sure you won't see FB under $35 for many years to come.

 

[Slew Foot]

Given how LIKD's and GRPN's IPO went, I'm pretty sure you won't see FB under $35 for many years to come.

grpn is well below its IPO price right now.

 

[Printer Bandit]

Groupon 52 week is $9.63 - 31.14. Currently at $12.41.

 

[Imp]

Hope there's a broader market rally thanks to this IPO. Not touching it with a 10' pole.

 

[IHateMyJob2004]

Online advertising today:
Most people put it out of mind due via ignoring peripheral vision.

The only ads that make sense to me are the ones that force you to stop and look. The commercials at the beginning of YouTube videos are a perfect example of what will eventually become the advertising normal on the internet.

 

[rcpratt]

I don't even remember what ads, if any, were ever effective with me, because I haven't seen one in so long.

What are they going to do though, make you watch a video before every like? Haha.

 

[ultimatebob]

It will be amusing to see the movement on this tomorrow. What do we think it will top at before ending below $35?

I'm expecting it to go to $100 a share on the first day, easily... just like the .com stocks of old.

The mania behind this IPO reminds me of MPath interactive (the mplayer.com guys). Their stock went from $15 to $50 a share on the first day... and that company was never even close to making a profit when it went public. Just 18 months later, it was below a buck a share.

 

[SSSnail]

Short this pig, you'll make tons in a year or two out.

 

[Corporate Thug]

I don't even remember what ads, if any, were ever effective with me, because I haven't seen one in so long.

What are they going to do though, make you watch a video before every like? Haha.

I read somewhere that the click rates are > .5% but apparently that doesn't stop companies from buying up ad space.

 

[Dollard]

The mania behind this IPO reminds me of MPath interactive (the mplayer.com guys). Their stock went from $15 to $50 a share on the first day... and that company was never even close to making a profit when it went public. Just 18 months later, it was below a buck a share.

I remember those days when I used to play Team Fortress on Mplayer, good times. Didn't know the company went public.

 

[Nintendesert]

I just don't see how Facebook keeps growing and making more money. This one seems like it's going to be a crash and burn after going public.

 

[IGemini]

Initial stock price is set at $38.

http://www.npr.org/blogs/thetwo-way...tock-priced-at-38-a-share-ahead-of-friday-ipo

 

[busydude]

That makes Facebook a $100 B company.

 

[UglyCasanova]

Get in and get out. Everyone and their mother is going to be buying facebook stock. The price is going to be driven up by demand from so much hype and hysteria over it. It should be an easy way to make some money over the very short term, but when reality sets in and the price starts to plummet to whatever its intrinsic value should be a LOT of people are going to get burned.

 

[Franz316]

That makes Facebook a $100 B company.

Which is really scary... Facebook essentially produces nothing substantial and its value exists solely because of its userbase. It just seems like a house of cards to me. I'm sure it will shoot up in the short term but will probably settle down once people see that the entire thing is built on perception and not reality.

 

[IHateMyJob2004]

Get in and get out. Everyone and their mother is going to be buying facebook stock. The price is going to be driven up by demand from so much hype and hysteria over it. It should be an easy way to make some money over the very short term, but when reality sets in and the price starts to plummet to whatever its intrinsic value should be a LOT of people are going to get burned.

Most people I know think it is stupid to buy the stock. Even those I would consider investment idiots. It's the whole lot of people though. They all think it is a shit company.

 

[Imp]

I just don't see how Facebook keeps growing and making more money. This one seems like it's going to be a crash and burn after going public.

Well, duh, the untapped potential that is India, Africa, and China... The poor people?

Going to watch intently. So if the stock market is a zero-sum game and hundreds of Facebook employees are going to be billionaires tomorrow (pending stock sell delay rules), I wonder how the sum gets balanced.

 

[busydude]

Well, duh, the untapped potential that is India, Africa, and China... The poor people?

Going to watch intently. So if the stock market is a zero-sum game and hundreds of Facebook employees are going to be billionaires tomorrow (pending stock sell delay rules), I wonder how the sum gets balanced.

Well, the growth seems to taper a bit. They have 900 million members now.. and their growth has declined. They are testing pay to promote scheme in NZ right now. I think they will get desperate to generate more revenues in the future.

 

[lothar]

Online advertising today:
Most people put it out of mind due via ignoring peripheral vision.

The only ads that make sense to me are the ones that force you to stop and look. The commercials at the beginning of YouTube videos are a perfect example of what will eventually become the advertising normal on the internet.

Those ads are irritating. Any YouTube video that does that, I close it immediately.
I have zero interest in being forced to watch unskippable ads.

 

[Baasha]

Facebook on the open market is indeed a big gamble. Many of the recent tech IPOs have failed miserably; Zynga and Pandora for example.

However, if you can get FB shares at the underwritten value ($38) before it hits the market, you can make a quick buck.

A couple of my friends I've known from high-school will become multi-millionaires tomorrow! w00t!