Facebook Stock?

[Fourfingers frankie]

Should I buy $1000 in shares?

if anything shortsell. In twelve months it will be @ 22

Looks like it might fall further than this, the p/e is frightening

[Varcaus]

Someone get me a Russian-English translator because I have no idea to what he is referring.

Your dumb and anyone who didnt see it coming was dumb

[marcus xero]

Am i right in thinking that this sort of scandal/news could have been much better dealt with if they weren't currently a public company? i.e. their stock couldn't go into meltdown so they could ride it out...?

Yes, except that if it was a privately held company the shares more or less stand for who owns the company. Someone correct me if I am wrong but the value of stock in a privately held company is by in large irrelevant.

thats pretty much where I was going with the "no one would give a fuck"

but now its public the new owners have a vested interest in it doing well, regardless of the fact that Zuckerberg still has majority voting rights.

Interesting thing is that HE isnt cashing out much, he still retains a large proportion of the stock...maybe he actually believes the bullshit....

[Sponk]

Interesting thing is that HE isnt cashing out much, he still retains a large proportion of the stock...maybe he actually believes the bullshit....

He cashed out enough to still be a millionaire, but not enough to lose control of the company.

[Tellenta]

Interesting thing is that HE isnt cashing out much, he still retains a large proportion of the stock...maybe he actually believes the bullshit....

He cashed out enough to still be a millionaire, but not enough to lose control of the company.

That article said he cashed out 1.1 billion, so he is safely in the "no fucks given" if everything falls apart. He is basically set for life, and so is his kids if he sprouts any.

[cheeba]

while the company is overvalued, its not like zuckerberg needs to (or should) cash out. the website is still one of the most popular in the world, its still growing (albeit more slowly), they have almost hit 1 billion members, they made over 2 billion dollars last year.

if they somehow pull off the transition to mobile, there could yet be a lot more to come from fb.

[Fourfingers frankie]

while the company is overvalued, its not like zuckerberg needs to (or should) cash out. the website is still one of the most popular in the world, its still growing (albeit more slowly), they have almost hit 1 billion members, they made over 2 billion dollars last year.

if they somehow pull off the transition to mobile, there could yet be a lot more to come from fb.

Apart from the suspicion that a lot of their accounts are fake and it's these fake accounts that click on advertisement links.

[sbglobal2012]

After Facebook IPO, the stock came back down to a more realistic figure, and then came what everyone was worried about. A time when all the insiders would now be allowed to sell their stock, as the time period to hold that stock is now up.

[Xiang Jiao]

P/E ratio is still insane. If you are thinking about going long into this company, please visit the casino instead, or better yet, write me a check. I will PM you with details.

As for FB being a successful business model, I'm not convinced. Sure, FB and Zynga made a whole lot of money with grind fest clickfest games for stay at home mom's and cubicle slackers like Farmville that try to suck the money right out of your wallet. Now, everyone is into the mobile market and app stores are monetizing those consumer's needs. I think FB needs to reinvent itself and come out with some sort of digital distribution platform, because I don't see it as a sustainable advertising model. People will only put up with so much of that bullshit before they stop logging in. Anyone can easily adblock all websites so what is the business justification for paying FB to advertise your business? Social networking helps the small, local business, and self-employed more than it does any company with real advertising money.

[Jason Marshall]

You can't valuate the stock fairly till all this bullshit clears the air. All this crap came out at the right times to break the right bones. People aren't approaching the stock rationally.

That said, I own ten shares so that I wont be that grandfather telling his kids "if only I had invested" also, great conversation starter with the college crowd.

[Xiang Jiao]

You can't valuate the stock fairly till all this bullshit clears the air. All this crap came out at the right times to break the right bones. People aren't approaching the stock rationally.

That said, I own ten shares so that I wont be that grandfather telling his kids "if only I had invested" also, great conversation starter with the college crowd.

There's a sucker born every minute. The tech stock gravy train you should be telling your grandkids you missed out on was Google. Facebook has got to come down before it goes up. It will probably roll around in the teens and twenties for a long time. There is also no dividend, another disincentive to holding a stock long.

http://www.forbes.com/sites/johndobo...google-at-ipo/

[Lana Torrin]

You can't valuate the stock fairly till all this bullshit clears the air. All this crap came out at the right times to break the right bones. People aren't approaching the stock rationally.

That said, I own ten shares so that I wont be that grandfather telling his kids "if only I had invested" also, great conversation starter with the college crowd.

There's a sucker born every minute. The tech stock gravy train you should be telling your grandkids you missed out on was yahoo. Facebook has got to come down before it goes up. It will probably roll around in the teens and twenties for a long time. There is also no dividend, another disincentive to holding a stock long.

http://www.forbes.com/sites/johndobo...google-at-ipo/

Fyp

[Xiang Jiao]

If you had sold YHOO before the dot com bubble burst, yes, but since then it's been nothing but a dog. More favorable tech dogs to own (with current annual yields):

CSCO (1.9%)
INTC (3.4%)
MSFT (2.6%)

I bought a little CSCO after years of saying I would never fall for it. Picked it up at $16. I should have bought a little more at $15, but I snoozed on that trade. These are investments. Well known and proven companies that will see a return even if they slip in the short term. In the long term, you are not so worried about your money. With tech stocks new on the scene like FB and GRPN, it's like throwing a suitcase of money into a wood chipper. I honestly don't know how those initial public investors sleep at night.

[Tellenta]

If you had sold YHOO before the dot com bubble burst, yes, but since then it's been nothing but a dog. More favorable tech dogs to own (with current annual yields):

CSCO (1.9%)
INTC (3.4%)
MSFT (2.6%)

I bought a little CSCO after years of saying I would never fall for it. Picked it up at $16. I should have bought a little more at $15, but I snoozed on that trade. These are investments. Well known and proven companies that will see a return even if they slip in the short term. In the long term, you are not so worried about your money. With tech stocks new on the scene like FB and GRPN, it's like throwing a suitcase of money into a wood chipper. I honestly don't know how those initial public investors sleep at night.

Depends if they are the ones who got while the getting is good or bought in to the hype I guess. Comparing companies like Cisco, Intel, or Microsoft to facebook and groupon is flawed though. The sources of revenue are fundamentally and exclusively different to such a degree that you are trying to compare apples to beach sand.

[Xiang Jiao]

I was actually contrasting them, and of course it depends on when you buy in. I'm talking about investing presently, or in the recent past/near future. Does anyone really see anything in GRPN or FB that screams GO LONG? I think FB is about $10 too high. I personally don't like it at any price. I just don't see it lasting at all.

[Rudolf Miller]

I wish I could put a short on that stock with a <$10 target. I give it about 3 months before it comes true.

[Xiang Jiao]

I wish I could put a short on that stock with a <$10 target. I give it about 3 months before it comes true.

I am not approved to trade on margin, and nor do I wish to bet with borrowed money. That's probably the quickest way to go bankrupt. Luckily, there are inverse ETFs out there that you can by where you can virtually short certain industries, regions, and commodities. I don't know of one set up specifically to short FB, though.

http://etf.about.com/od/etfinvesting..._ETFs_List.htm

[MortyM]

You can't valuate the stock fairly till all this bullshit clears the air. All this crap came out at the right times to break the right bones. People aren't approaching the stock rationally.

That said, I own ten shares so that I wont be that grandfather telling his kids "if only I had invested" also, great conversation starter with the college crowd.

There's a sucker born every minute. The tech stock gravy train you should be telling your grandkids you missed out on was Google. Facebook has got to come down before it goes up. It will probably roll around in the teens and twenties for a long time. There is also no dividend, another disincentive to holding a stock long.

http://www.forbes.com/sites/johndobo...google-at-ipo/

Don't you mean Apple? You could have bought that for less than $10 in in '03, its over $660 now. Compared to it Google's performance has been fairly poor, since '07 the stock has barely done anything.