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Sign in here if you bought shares of FB
Posted on 5/21/12 at 1:10 pm
Posted on 5/21/12 at 1:10 pm
Bought 13 shares at $38 
Still like the outlook of the company. People will love social media for the foreseeable future. And until something comes along that can truly challenge Facebook for members, it is the king. I mean the brightest minds at google with google+ are having trouble with it. I can see facebook possibly charging for features it would offer at a discount, that people are already paying for elsewhere. Netflix, amazon, etc...
Still like the outlook of the company. People will love social media for the foreseeable future. And until something comes along that can truly challenge Facebook for members, it is the king. I mean the brightest minds at google with google+ are having trouble with it. I can see facebook possibly charging for features it would offer at a discount, that people are already paying for elsewhere. Netflix, amazon, etc...
10
Posted on 5/21/12 at 1:11 pm to hawgfaninc
Question: Have you ever clicked on a Facebook ad?
Posted on 5/21/12 at 1:16 pm to gizmoflak
No. Well maybe, on accident...
eta: have you ever clicked an ad on google?
eta: have you ever clicked an ad on google?
This post was edited on 5/21/12 at 1:45 pm
Posted on 5/21/12 at 1:34 pm to hawgfaninc
I'm way too scared to. It's down 9.7% for the day btw.
Posted on 5/21/12 at 1:46 pm to rmc
14% at one point.
Posted on 5/21/12 at 1:47 pm to rmc
quote:
It's down 9.7% for the day btw.
Nows the time I wish I had more capital to invest in it
Posted on 5/21/12 at 1:55 pm to hawgfaninc
The more I have read about Facebook's prospects for generating revenue and growing and its business model in general, the more I believe this company should be priced around $10 or less.
And that's not even taking into account the potential/risk for the public to eventually move onto to something else and completely abandon Facebook overnight, leaving it basically worthless.
And that's not even taking into account the potential/risk for the public to eventually move onto to something else and completely abandon Facebook overnight, leaving it basically worthless.
This post was edited on 5/21/12 at 1:59 pm
Posted on 5/21/12 at 1:59 pm to hawgfaninc
the problem is the more facebook tries to monetize it's user base, the more it will piss off the user base.
Posted on 5/21/12 at 2:06 pm to hawgfaninc
It's getting priced down in a big hurry today.
There are a lot of risks for FB and it stopped being new and cool a while back. I'm *out* even when a perceived bottom is hit.
There are a lot of risks for FB and it stopped being new and cool a while back. I'm *out* even when a perceived bottom is hit.
Posted on 5/21/12 at 2:09 pm to hawgfaninc
I had an order in before opening Friday, tried my hardest to cancel it, but couldn't. I've lost some cash to say the least. I got in at $42 was looking to make some quick change, but now it looks like a long term investment 
Posted on 5/21/12 at 2:17 pm to AUtigR24
I got in at $33ish today in hopes that someone's $40+ order from Friday would hit. 
Posted on 5/21/12 at 2:40 pm to Putty
The proper FB play was to fade the public, to borrow a sports betting phrase. I wanted to put in an order for $42 and believed in the hype so much, I knew it was the wrong thing to do. Should have done the same when I got into AAPL @ 580.00. At least its climbing back up today.
This post was edited on 5/21/12 at 2:42 pm
Posted on 5/21/12 at 2:59 pm to TejasHorn
quote:
it stopped being new and cool a while back.
i deactivated my account about 2 years ago. didnt need it. im not big into social media, but alot of people are. i believe facebook/zuckerburg has something up the sleeve to draw people back, such as myself i.e: offering cheaper versions of netflix, amazon, etc...
and like i said, even though im not a fan of social media, alot of people are and facebook is the king of it. it will remain a good investment until something can challenge it.
Posted on 5/21/12 at 3:13 pm to hawgfaninc
I'm skeptical of buying FB. I feel it will be obsolete in a few years. Something new will come along. Myspace peaked in 2006. Facebook peaked in 2009.
Posted on 5/21/12 at 3:13 pm to hawgfaninc
quote:
offering cheaper versions of netflix
$8.99/month for streaming is pretty cheap, and NFLX is having a tough enough time keeping it there.
Also, studios and networks are pulling back from products like Hulu/netflix/amazon.
In my very amateur POV, something completely unforeseen would have to occur for FB to break 40 in the next 12 months.
Posted on 5/21/12 at 3:44 pm to lsu6294
I still can't believe anyone would buy that stock at that valuation.
If you want high risk of throwing money down the tube just because you like the company then by all means go right ahead
If you want high risk of throwing money down the tube just because you like the company then by all means go right ahead
Posted on 5/21/12 at 3:46 pm to cbtullis
quote:
I still can't believe anyone would buy that stock at that valuation.
:hatersgonnahate:
and so all the other stocks with high valuations are crap too?
Posted on 5/21/12 at 3:49 pm to hawgfaninc
how can you buy ownership off a guy KNOWN to be a con-artist?
even his partners leaving the country con-artist swindling taxes....why would you want his share?
even his partners leaving the country con-artist swindling taxes....why would you want his share?
Posted on 5/21/12 at 3:53 pm to Jahel
quote:
how can you buy ownership off a guy KNOWN to be a con-artist?
its all about risk. i love to skydive, rock climb, and base jump. facebook not much of a risk for me, especially financially where im at. seems others here, such as yourself, think otherwise. not that thats a bad thing...
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