re: How&#39;s the Facebook stock doing?

Posted by LSURussian

Member since Feb 2005

127260 posts

Posted on 5/29/12 at 9:15 pm to Scoop

quote:
My rep here is undeserved

What, in your opinion, is your "rep" on here?

2 ...

Posted by Scoop

RIP Scoop

Member since Sep 2005

44583 posts

Posted on 5/29/12 at 9:46 pm to LSURussian

Eh, my first ventures onto this board labeled me as an Apple fan boy and a general dumbass as it pertains to the general market. While I own the latter and it is well deserved, I don't deserve the former.

My initial posts on this board with regards to Apple were well thought out, informed and I kinda predicted alot of what has happened. I'm labeled an idiot while the very guys that argued against me with laughable failure prance across the Money Board on their gilded steeds.

It's horseshite.

Listen to my insight or don't. I really don't care. What I do care about is some arse like KFizzle (for example) dropping in for a post playing on my bad rep cracking on me when he spent 3 pages telling me how the iPad was going to fail.

Posted by Scoop

RIP Scoop

Member since Sep 2005

44583 posts

Posted on 5/29/12 at 9:48 pm to LSURussian

Credibility should be uniform. It's not, but it should be.

Posted by The Future

Smallville, KS

Member since Oct 2009

22661 posts

Posted on 5/30/12 at 12:04 am to Chad504boy

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SPLAT

Initial investors get rich, public fricked.

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Posted by fishfighter

RIP

Member since Apr 2008

40026 posts

Posted on 5/30/12 at 5:15 am to The Future

As I stated before the IOP, its still a big FAIL! The price will be heading to the $17-$20 range in the next few months. After that, it will find a trading trend in that range.

Posted by NC_Tigah

Carolinas

Member since Sep 2003

124668 posts

Posted on 5/30/12 at 6:08 am to The Future

quote:
SPLAT

Initial investors get rich, public fricked.

Us & them?
Them & us?

Sorry, that is not the way it works.

It's Buyer and Seller.

Two observations:
First, your assumption appears to be all "initial investors" were sellers. Doubt it.
Second, if the counterparty in the arrangement is "public", it participates of its own volition. If counterparty risk goes unassessed and therefore underestimated, who is to blame for that?

Yes there were NASDAQ issues leading possibly to unfair action, but that is not what you're addressing.

Grabbing the Facebook IPO at opening asking, especially after the GM announcement, is something any member of the "public" could have assessed as risky. If they didn't, they should have. It is what it is.

Posted by BilJ

Member since Sep 2003

158843 posts

Posted on 5/30/12 at 7:18 am to Scoop

I don't know much about your posting history here, but man I can already see why people give you shite from just reading a few posts in this thread. Get over yourself man.

Congrats on successfully picking apple stock to do well, you are a tech stock genius! Is this the credit you've been waiting on?

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Posted by AUtigR24

Happy Hour

Member since Apr 2011

19755 posts

Posted on 5/30/12 at 7:53 am to BilJ

I'm thinking about strengthing my position with FB I just don't know where. Maybe somewhere around $22 or $24.

Posted by iluvredboxx

Lafayette

Member since Mar 2012

917 posts

Posted on 5/30/12 at 8:40 am to AUtigR24

quote:
Maybe somewhere around $22 or $24

At 22.50, I will get in

Posted by Chad504boy

4 posts

Member since Feb 2005

167093 posts

Posted on 5/30/12 at 1:54 pm to iluvredboxx

quote:

At 22.50, I will get in

hope you got your money ready for first of next week.

Posted by lsu6294

A house

Member since Jan 2009

4548 posts

Posted on 5/30/12 at 2:08 pm to BilJ

quote:
Congrats on successfully picking apple stock to do well, you are a tech stock genius! Is this the credit you've been waiting on?

Looking at it now this seems a bit silly, but between this board and especially the OT, the vast majority of posters predict every new apple product will flop. According to a few posters, the original iPad was guaranteed to flop, and to flop hard. It was only the "idiots, appletards and fanbois" who said it would be a success.

Posted by TejasHorn

High Plains Driftin'

Member since Mar 2007

11037 posts

Posted on 5/30/12 at 2:48 pm to Chad504boy

FB is worrisome because they don't have a clear direction. This talk of acquiring RIMM and Opera or the like.... just reeks of nothing to do with all that money.

Posted by whodatigahbait

Uptown

Member since Oct 2007

1758 posts

Posted on 5/30/12 at 2:59 pm to Scoop

quote:
God, here we go.

I thought we were kinda past this.

My thoughts on tech are well informed and you'd do better to listen to me rather than make fun of me.

I thought I'd shaken my undeserved status as Apple fan boy.

I earned it with almost 3 year ago with magnificent, informed analysis that had the few of you that like to give me shite had listened to, you'd have a yacht called "Scoop." I didn't say I like Apple and it's awesome. I laid out what was about to happen and why. It happened.

Search the thread. It's called "Buying apple stock tomorrow."

I put great effort into keeping up with tech in general. When I contribute, it's not nonsense.

I hate doing this. I thought I was kind of respected a little bit here now on tech stuff after catching hell forever. Again, I can always copy and paste from past threads for any of the usual suspects that want to crack on me.

So you know the tech market i'll give you that, i guees. However, you knowing tech and then giving an opinion based on the technical support of a brand new company are two totally seperate things.

I'd love to hear your opinion on Facebook as a company but save the technicals for the experts.

This post was edited on 5/30/12 at 3:01 pm

Posted by The Egg

Houston, TX

Member since Dec 2004

79338 posts

Posted on 5/30/12 at 2:59 pm to TejasHorn

What's the long-term prognosis for FB?

is this a company that can get into the $200-$300 range a few years down the road?