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Message

Facebook continues to tank
Posted on 5/22/12 at 9:33 am
Posted on 5/22/12 at 9:33 am
Facebook is down almost 30% now from its opening. What price does it have to fall to, to make it a good buy?
Posted on 5/22/12 at 9:47 am to monroe71201
woulda been a good buy an hour ago if you got out 15 minutes ago.
Posted on 5/22/12 at 11:06 am to Chad504boy
FB is going to get hit like RIMM.
People dont even click ads while browsing around on FB on their 20" desktop monitor. Who the hell is going to click an ad on a 4" cell phone?
People dont even click ads while browsing around on FB on their 20" desktop monitor. Who the hell is going to click an ad on a 4" cell phone?
This post was edited on 5/22/12 at 11:11 am
Posted on 5/22/12 at 11:20 am to monroe71201
quote:
Facebook continues to tank
Who didn't think this was going to happen? We've already had the DotCom bust. Why was this any different?
Posted on 5/22/12 at 11:54 am to TigerDeacon
quote:
Who didn't think this was going to happen
Not this guy. Every major social media that has went public had an initial dip before rebounding. I just got in at $38 because hoped, though probably foolishly, that FB would buck the trend. Not so much bucking it appears. Im still gonna increase my holdings at some point. Just wish I woulda held off on my initial buying.
Posted on 5/22/12 at 12:09 pm to hawgfaninc
I will be intrigued at $28.
Posted on 5/22/12 at 12:14 pm to lsu xman
quote:
People dont even click ads while browsing around on FB on their 20" desktop monitor. Who the hell is going to click an ad on a 4" cell phone?
but what if millions of people buy stock in FB and then go on a "click parade"
would be funny to see happen
maybe someone should start a FB group for "ad-clickers"
Posted on 5/22/12 at 1:06 pm to Playground Menace
Qriueers on the OT derided me for stating it was valued too high. frickers
Posted on 5/22/12 at 1:09 pm to hawgfaninc
quote:Aren't you the one with the huge position at like $500? I hope it turns around for you even though you are financially comfortable with losing the money.
Just wish I woulda held off on my initial buying
Posted on 5/22/12 at 1:13 pm to LSUAfro
I still wouldn't be surprised to see this thing level off around $63 a share eventually. Unfortunately I got in at $42 so I'm in for the long haul now 
Posted on 5/22/12 at 1:15 pm to AUtigR24
quote:
I still wouldn't be surprised to see this thing level off around $63 a share eventually. Unfortunately I got in at $42 so I'm in for the long haul now
if the name of the game was buy high sell low, you'd be the best.
Posted on 5/22/12 at 1:20 pm to AUtigR24
quote:
I still wouldn't be surprised to see this thing level off around $63 a share eventually.
I find the specificity of your number (63) to be very interesting.
How did you come to such an exact number?
Posted on 5/22/12 at 1:23 pm to Chad504boy
quote:
if the name of the game was buy high sell low, you'd be the best.
I'm not worried, you have the 2nd most visited site in the world trying to figure out how to produce revenue. They have plenty of cash to play around with, until they figure it out. Not very uncommon with IPO's, however most IPOs don't have the cash FB does.
This post was edited on 5/22/12 at 1:30 pm
Posted on 5/22/12 at 1:33 pm to TheHiddenFlask
quote:
I find the specificity of your number (63) to be very interesting.
How did you come to such an exact number?
Took their current stock price multiply by FB's volume then add in the new 16 billion they just raised from the IPO.
Posted on 5/22/12 at 1:36 pm to AUtigR24
quote:
Took their current stock price multiply by FB's volume then add in the new 16 billion they just raised from the IPO.
What does volume have to do with this?
Posted on 5/22/12 at 1:44 pm to TheHiddenFlask
just a bench for where it will be traded in the future I didn't account for everyone that dumped it after it fell 1% first day 
Posted on 5/22/12 at 1:55 pm to LSUAfro
quote:
Aren't you the one with the huge position at like $500? I hope it turns around for you even though you are financially comfortable with losing the money.
huge being an understatement. It's like the hugest position ever of all positions. No shite. I'm surprised they allow positions that big. And it won't turn around, its never going up. Im sol. Yep, bankruptcy and unemployment for me.
But thanks for the concern
Posted on 5/22/12 at 2:08 pm to AUtigR24
quote:
just a bench for where it will be traded in the future I didn't account for everyone that dumped it after it fell 1% first day
what?
What are you referring to as "volume"?
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