Facebook sets IPO price at $38 a share | TigerDroppings.com

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Wooly
Washington Fan
Member since Feb 2012
11933 posts

Facebook sets IPO price at $38 a share


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Chad504boy
New Orleans Saints Fan
Five Oh Four
Member since Feb 2005
79285 posts

re: Facebook sets IPO price at $38 a share


i'm going to sit on the porch and watch this one.





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Wooly
Washington Fan
Member since Feb 2012
11933 posts

re: Facebook sets IPO price at $38 a share


i know nothing about stocks or anything of the sort... just got this text from usa today.. thought i would share... i dont even know what it means





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LSUAfro
LSU Fan
Baton Rouge
Member since Aug 2005
10218 posts

re: Facebook sets IPO price at $38 a share


quote:

i know nothing about stocks or anything of the sort... just got this text from usa today.. thought i would share... i dont even know what it means

It means I'd feel more comfortable going red or black once this thing is available to the public. It could drop like a bowling ball or just ride up the frenzy train. At least w/ red or black I'd know in less than a minute if I lost my money.






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Chad504boy
New Orleans Saints Fan
Five Oh Four
Member since Feb 2005
79285 posts

re: Facebook sets IPO price at $38 a share


quote:

i know nothing about stocks or anything of the sort... just got this text from usa today.. thought i would share... i dont even know what it means



it means $38 will quickly become $56 and then quickly be worth $24 and then maybe you end the day with $31.






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LSUAfro
LSU Fan
Baton Rouge
Member since Aug 2005
10218 posts

re: Facebook sets IPO price at $38 a share


I think it'll be interesting to see where it'll sit in a month or two. Efficient market at work here. I'm sure it'll be priced appropriately.





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LSUAlum2001
LSU Fan
Tier BP
Member since Aug 2003
27513 posts

re: Facebook sets IPO price at $38 a share


quote:

Facebook sets IPO price at $38 a share


It'll end up crushing that number early and at least doubling, possibly tripling, before settling back down.






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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80159 posts

re: Facebook sets IPO price at $38 a share


Let's have a contest: At what price will FB close on Friday?

I'll start: $74.63.






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LSUAlum2001
LSU Fan
Tier BP
Member since Aug 2003
27513 posts

re: Facebook sets IPO price at $38 a share


quote:

I'll start: $74.63.


$81.47






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LSUAfro
LSU Fan
Baton Rouge
Member since Aug 2005
10218 posts

re: Facebook sets IPO price at $38 a share


I'll go $52.39





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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80159 posts

re: Facebook sets IPO price at $38 a share


Check the other thread. I was afraid it would get lost in this thread.

Your prediction has been noted.






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JG77056
LSU Fan
Vegas baby, Vegas
Member since Sep 2010
5527 posts

re: Facebook sets IPO price at $38 a share


I'll go with 38 bucks.





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