Should I buy $1000 in shares?
Yes
No
Get Out
Should I buy $1000 in shares?
<&QuackBot> Fuggin: There once was a man named tugginfuggin. He oft tugged his fuggin. That is the tale of tugginfuggin.
Not unless you got in on the IPO.
You have the option to?!
Do you get a paper certificate for the shares you buy or that's too old school nowadays?
wont it take them like 400 years to earn their "valuation" when considering their revenue ?
more to the point, why on earth would you want to own a share in one of the scummiest companies on the web ? they are trying to outgoogle google on the "all your privacy is belong to us!" front ffs.
Buy overpriced stock sure great idea!
If you were a superhero you'd be The Incredible Fucktard with your ever-ready sidekick Douchetard Boy. Together, you fight intelligence and common sense where you go.
the price earning ratio is so shit. i would never buy in on this. plus zuckerberg... just look at him.
no
Originally Posted by Liare
I think the valuation is something like 30x EBIT, which is pretty high but 400x EBIT is just completely stupid.
On the question, I doubt you would be able to buy $1,000 of shares in it at the moment but TBH it's probably worth a punt. Even if the valuation falls it unlikely it will nosedive, and it definitely won't happen soon as it's been massively oversubscribed.
*shrug*
I think the valuation is something like 30x EBIT, which is pretty high but 400x EBIT is just completely stupid.
not even sure where i heard that figure to be honest.
dat :bigfatjewnose:
I've been following that IPO a lot and the general concensus is to not buy in the first 3-5 days.
Also, some people think that it will become some kind of general purpose Internet platform, while others think that just like the dotcom era startups it's just wild speculation (even though they had a few billion dollars in revenue last year) and that now instead of these companies being valued by their salary expenses (good ole times), the metric is the number of active users.
In my opinion, an overoptimistic article.
Maybe an overpessimistic article.
In any case, Zuckerberg has >50% shares so if he fucks up or goes mental, there's no one to kick him out. Basically you buying into his IPO is a bank transfer from you to him.
I like Forbes for speculation like that because they'll really explore every aspect of the topic without making a final decision, leaving it up you to decide what makes the most sense.
Yup. Worked for Bono:
http://www.mtv.com/news/articles/168...-billion.jhtml
Didn't zucker have like 30% shares? In any case the shares seems to be sinking hard. They should have had some kind of new feature announcement for today.
Why would you want to buy stock of what is basically the cancer of the internet?
Except they closed 0.7% up... how's that sinking hard?
Horribly overpriced, large amounts of uncertainty over the future of facebook. No thanks.
the new.com bubble
Well it's bad when they say that it's your underwriters that are keeping the price up. FT.com say that next week we'll see how FB really doesExcept they closed 0.7% up... how's that sinking hard?
i'd rather buy stock in dickbook
fuck all fat nerds
FYP, theres a techical term for itdat :SCHNOZ:
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