Friend Finder IPO Today - Page 2 - GoFuckYourself.com

tranza · 05-12-2011, 06:59 AM

Quote:

Originally Posted by tranza

You can't be serious. Did you even read the financial report?

They loose money year after year and have a $500+ Million debt!

From reuters:

"Last year, the company co-issued, through its subsidiary Interactive Network, a total of $551 million of debt due in 2013 and 2014 -- all to cover previous debts, according to the filing."

Also: "FriendFinder's revenue grew about 6 percent to $346 million last year, while its net loss increased 14 cents to $3.14 per share."

Source: http://mobile.reuters.com/article/id...10511?irpc=932

Tasty1 · 05-12-2011, 08:30 AM

TarPy · 05-12-2011, 08:42 AM

Does anyone know what that places their valuation at?

They wanted to establish a public value for the company. Hoping that it would reflect favorably in terms of their ability to raise capital or pay down debt. If it stabilizes at 7, is that terrible for them. Less than ideal sure, but I'm wondering what their "disaster price" is.

I'm also wondering at what price they might become an acquisition target for a match.com or the like.

I haven't been following their offer closely, I have no idea what portion of their company is reflected through their public offering.

Nathan · 05-12-2011, 08:49 AM

At $7 their market cap would be $187m.
Income from Operations is 71m, Net Loss is 43m in 2010. So its roughly 2.5 years of Income from Operations. Not great at all...

Their debt is whats killing them... and the IPO was a requirement from the lenders I am sure, since the lenders required a downpayment of the debt. The full 43m that they made with the IPO directly goes to the lenders to pay principle.

Vendot · 05-12-2011, 09:09 AM

Quote:

Originally Posted by Nathan

Their debt is whats killing them... and the IPO was a requirement from the lenders I am sure, since the lenders required a downpayment of the debt. The full 43m that they made with the IPO directly goes to the lenders to pay principle.

Gosh you guys are so negative.

Ive got share in Cisco, Exxon, AT&T, Verizon and others. Im thinking of selling my entire portfolio of 12 stocks and investing 100% of the proceeds in FFN.

This way I will become a rich bitch and you will stay poor bore

Shap · 05-12-2011, 09:10 AM

Quote:

Originally Posted by Vendot

Gosh you guys are so negative.

Ive got share in Cisco, Exxon, AT&T, Verizon and others. Im thinking of selling my entire portfolio of 12 stocks and investing 100% of the proceeds in FFN.

This way I will become a rich bitch and you will stay poor bore

Probably wrong guy to be replying that to

merina0803 · 05-12-2011, 10:05 AM

Quote:

Originally Posted by Shap

Probably wrong guy to be replying that to

5/12/11
FriendFinder Networks Inc.
(NasdaqGM: FFN )
Real Time 7.35 Down 0.50 (6.37%) 12:04PM EDT

this is short's wet dream.

http://www.sec.gov/Archives/edgar/da...443/d28208.htm
"We do not anticipate paying cash dividends for the foreseeable future."

AsianDivaGirlsWebDude · 05-12-2011, 10:22 AM

From IPO Watch:

Quote:

FriendFinder Networks Inc. (NASDAQ: FFN) just managed to hurt a whole slew of investors today in its Initial Public Offering.

We previously had seen that the company was going to sell 5 million shares in a range of $10.00 to $12.00 per share. The pig was already priced at the low-end of its range. When it first tried to do an IPO back in 2008, the company sought to raise up to $460 million. Now that $460 million is worth more than the entire market cap.

Today?s joint book-runners of the offering were listed as Imperial Capital and Ladenburg Thalmann. Now they probably have some irritated clients. They certainly just gave one more bit of caution to an IPO market that was already getting a bit paranoid.

There are some brokers with clients out there today that probably wished they never heard the combined themes ?social networking? and ?adult entertainment? in the same sentence. Calling your clients to explain a sudden 20% loss has never been fun. It will be pretty hard for the company and the underwriters to pin a crummy IPO like this on the volatility of currencies and commodities.

ADG

Nathan · 05-12-2011, 12:05 PM

The S1 filing has around _30_ Risk Factory, including such Fun Things like "we Risk defaulting on certain covenants of the loan because we previously did" or talking about how they were in default for ages with their previous debt.. Ton of great stuff in there.

homegrownmof · 05-12-2011, 02:02 PM

Quote:

Originally Posted by Nathan

The S1 filing has around _30_ Risk Factory, including such Fun Things like "we Risk defaulting on certain covenants of the loan because we previously did" or talking about how they were in default for ages with their previous debt.. Ton of great stuff in there.

crazy that they could even obtain over 1/2 billion in "new" debt- that is due to mature in next couple-3 years.

No doubt they will need to keep rolling it over...but what happens if rates jump?

what would a default leave for biggest creditors?

adultmobile · 05-12-2011, 03:17 PM

Who will pay hosting bills if AFF/cams will really default as someone say in this thread, and so stop to pay $40 million a year to affiliates and tubes?

kristin · 05-12-2011, 03:34 PM

Wow, down below a half a million shares. Yesterday it was 2+ million.

will76 · 05-12-2011, 03:49 PM

Quote:

Originally Posted by Vendot

Gosh you guys are so negative.

Ive got share in Cisco, Exxon, AT&T, Verizon and others. Im thinking of selling my entire portfolio of 12 stocks and investing 100% of the proceeds in FFN.

This way I will become a rich bitch and you will stay poor bore

Go ahead and buy as much as you can, prove us all wrong. I will be back here laughing at you when this gets delisted or becomes a penny stock. It wont be long, at most 3 years before its worthless.

I'll wait till it drops to .25 cents a share and buy everything you selling LMAO.

merina0803 · 05-12-2011, 04:14 PM

pulling a mark cuban

PR_Dave · 05-12-2011, 04:18 PM

I guess we are just waiting to fight over the scraps.....

Sasha18 · 05-12-2011, 05:15 PM

Investing money in adult company is way too risky. There are better internet companies to invest money in like Yandex and etc....

Barry-xlovecam · 05-12-2011, 05:19 PM

Quote:

Originally Posted by PR_Dave

I guess we are just waiting to fight over the scraps.....

Could be ...

DBS.US · 05-12-2011, 09:47 PM

ShellyCrash · 05-12-2011, 10:28 PM

Quote:

Originally Posted by cherrylula

250 million in debt??? How the hell did that happen? geez.

From the initial purchase of the company. I believe it's alot higher now.

Conru played his cards right. I remember articles floating about Friend Finder's value for a while in all the business rags, chumming the waters.

Quote:

Originally Posted by Internet Guy

Highly profitable porn companies have 0 incentive to go public.

Exactly.

I've sat on both sides of the table, in the end our business model doesn't seem to succeed in that type of environment. It will still run, but it won't run as well. IMO you need to have an entrepreneur mindset to thrive. When a company goes public it never runs the same; it becomes bloated, sluggish.

Vendot · 05-12-2011, 11:55 PM

Quote:

Originally Posted by will76

Go ahead and buy as much as you can, prove us all wrong. I will be back here laughing at you when this gets delisted or becomes a penny stock. It wont be long, at most 3 years before its worthless.

I'll wait till it drops to .25 cents a share and buy everything you selling LMAO.

OK, well my house is on the market now and I own 100% of it.

Ill get $20k when that sells (it was a small house, actually more of a glorified shed).

Ill invest that $20k into FFN while I rent (another shed).

I'll just sit in my shed with a laptop, connecting on wifi and pressing refresh on the browser to update the FFN share price.

maxxtro · 05-13-2011, 03:37 AM

That's gonna be a tough one, but I wish them the best of luck.

Internet User · 05-13-2011, 03:47 AM

i bought a share

Paul Markham · 05-13-2011, 03:54 AM

If you're sending AFF traffic, take it as a warning bell.

InfoGuy · 05-17-2011, 10:37 AM

FFN is in a spiral of death. 5 days of trading and it's down more than 35%. I can imagine the brokers calling their clients, telling them it's a bargain and asking them to buy more of this turd.

AFF

Sasha18 · 05-17-2011, 12:24 PM

Today $5.63

Change -21.81%

SuzzyQ · 05-17-2011, 02:35 PM

Quote:

Originally Posted by SleazyDream

oh my god - what a BARGAIN! I'm buying all I can. This is a long term stock and it's 20% undervalued! BUY NOW!

So, how is this working out for you Sleazy?

will76 · 05-17-2011, 03:59 PM

Quote:

Originally Posted by SuzzyQ

So, how is this working out for you Sleazy?

Bankruptsies #2 coming soon i suspect if he thinks this is such a great deal, then he obviously hasn't learned much from his mistakes.

InfoGuy · 05-17-2011, 04:23 PM

FFN needs the help of LifeCall!

Big E · 05-17-2011, 04:51 PM

(sigh) You guys really don't know much about stocks, do you?

1) They sold 5M shares (out of 26.72M), so about 20% of the company.
2) Those shares can go to zero, and it would not "affect" the company - you don't go automatically BK when your share price goes to zero.
3) When the stock price gets low enough (let's say $0.50/share), they could buy them all outstanding shares back for $2.5M and take it private (if they wanted). BOOM! They just "washed" their company from private to public back to private and made $47.5M (minus fees) from all those sucker investors.
4) The only people who "lose" money are all the idiots who bought the shares and sold them for a lower value.
5) As others have said, they HAD to do this deal to try and lower their debt - their interest costs are crushing.

IMO, they're fucked. Unless they can cut costs or dramatically increase profitable sales, they're still losing money every quarter/every year. They are in a slow death spiral.

They're not going to be able to go back to the stock market (obviously), and the reason they went to stock market in the first place is because they can't get credit from any bank.

The next thing you're going to see from them is to start selling assets, presumably the least profitable segments of the business first.. whichever those may be - I suspect Penthouse goes on the chopping block first, but who knows.. they may ride the whole thing down until it crashes.

Ironically, they ALMOST pulled it off. Basically, when you IPO, you're either growing SO FAST that you can't tranditional financing (i.e. banks) because banks don't loan on "potential" (that's what the stock market is for), OR.. you can't get traditional financing because the banks don't like your numbers/business model/whatever.

So you go to the IPO market, and hope you can find a bunch of dipshits who will buy your stock and allow you to pay off the debt you accumulated.

So, had FFN been able to get out of the gate in 2007/2008 right before the market crashed, and assuming they could have sold $460M of IPO, they would have "transfered" the debt to all the idiots who bought that IPO.

Sure, the stock would have taken a massive hit, but fuck it, what do they care? They wiped the debt, they've got an extra $75M/year (that went to interest) to add straight to the bottom line.

It was a ballsy strategy (but a very common one - google: "leveraged buyout" or LBO) but they just missed on the timing, and it will end up costing them the company me thinks..

ThatOtherGuy - BANNED FOR LIFE · 05-17-2011, 04:59 PM

Quote:

Originally Posted by PR_Dave

I guess we are just waiting to fight over the scraps.....

I love the way you think.

ilnjscb · 05-17-2011, 05:03 PM

Quote:

Originally Posted by Sexentertain_mike

I don't think it's uncommon to see an IPO go down and close down on the 1st day.

I'm sure it will rebound

?Nasdaq stocks posting largest percentage decreasesAP(Tue 6:03PM EDT)

merina0803 · 05-17-2011, 05:10 PM

Quote:

Originally Posted by InfoGuy

FFN is in a spiral of death. 5 days of trading and it's down more than 35%. I can imagine the brokers calling their clients, telling them it's a bargain and asking them to buy more of this turd.

AFF

bah... this is adult... i bet there are mm's manipulating the shit out of this.

ilnjscb · 05-17-2011, 05:12 PM

Quote:

Originally Posted by Big E

(sigh) You guys really don't know much about stocks, do you?

1) They sold 5M shares (out of 26.72M), so about 20% of the company.
2) Those shares can go to zero, and it would not "affect" the company - you don't go automatically BK when your share price goes to zero.
3) When the stock price gets low enough (let's say $0.50/share), they could buy them all outstanding shares back for $2.5M and take it private (if they wanted). BOOM! They just "washed" their company from private to public back to private and made $47.5M (minus fees) from all those sucker investors.
4) The only people who "lose" money are all the idiots who bought the shares and sold them for a lower value.
5) As others have said, they HAD to do this deal to try and lower their debt - their interest costs are crushing.

IMO, they're fucked. Unless they can cut costs or dramatically increase profitable sales, they're still losing money every quarter/every year. They are in a slow death spiral.

They're not going to be able to go back to the stock market (obviously), and the reason they went to stock market in the first place is because they can't get credit from any bank.

The next thing you're going to see from them is to start selling assets, presumably the least profitable segments of the business first.. whichever those may be - I suspect Penthouse goes on the chopping block first, but who knows.. they may ride the whole thing down until it crashes.

Ironically, they ALMOST pulled it off. Basically, when you IPO, you're either growing SO FAST that you can't tranditional financing (i.e. banks) because banks don't loan on "potential" (that's what the stock market is for), OR.. you can't get traditional financing because the banks don't like your numbers/business model/whatever.

So you go to the IPO market, and hope you can find a bunch of dipshits who will buy your stock and allow you to pay off the debt you accumulated.

So, had FFN been able to get out of the gate in 2007/2008 right before the market crashed, and assuming they could have sold $460M of IPO, they would have "transfered" the debt to all the idiots who bought that IPO.

Sure, the stock would have taken a massive hit, but fuck it, what do they care? They wiped the debt, they've got an extra $75M/year (that went to interest) to add straight to the bottom line.

It was a ballsy strategy (but a very common one - google: "leveraged buyout" or LBO) but they just missed on the timing, and it will end up costing them the company me thinks..

Number 3 is wrong. When they announce they are going to do that, and they have to announce it, they will have to pay a premium. Also, if they did that too soon, they'd get sued and spend a ton defending themselves. It isn't that easy to "wash" as you say.

Their EPS is -3.14 and their income -43.15M. They have 25.31M in cash. Unless they quit going through cash, they have 7 months.

will76 · 05-17-2011, 05:16 PM

Quote:

Originally Posted by Big E

(sigh) You guys really don't know much about stocks, do you?

1) They sold 5M shares (out of 26.72M), so about 20% of the company.
2) Those shares can go to zero, and it would not "affect" the company - you don't go automatically BK when your share price goes to zero.
3) When the stock price gets low enough (let's say $0.50/share), they could buy them all outstanding shares back for $2.5M and take it private (if they wanted). BOOM! They just "washed" their company from private to public back to private and made $47.5M (minus fees) from all those sucker investors.
4) The only people who "lose" money are all the idiots who bought the shares and sold them for a lower value.
5) As others have said, they HAD to do this deal to try and lower their debt - their interest costs are crushing.

IMO, they're fucked. Unless they can cut costs or dramatically increase profitable sales, they're still losing money every quarter/every year. They are in a slow death spiral.

They're not going to be able to go back to the stock market (obviously), and the reason they went to stock market in the first place is because they can't get credit from any bank.

The next thing you're going to see from them is to start selling assets, presumably the least profitable segments of the business first.. whichever those may be - I suspect Penthouse goes on the chopping block first, but who knows.. they may ride the whole thing down until it crashes.

Ironically, they ALMOST pulled it off. Basically, when you IPO, you're either growing SO FAST that you can't tranditional financing (i.e. banks) because banks don't loan on "potential" (that's what the stock market is for), OR.. you can't get traditional financing because the banks don't like your numbers/business model/whatever.

So you go to the IPO market, and hope you can find a bunch of dipshits who will buy your stock and allow you to pay off the debt you accumulated.

So, had FFN been able to get out of the gate in 2007/2008 right before the market crashed, and assuming they could have sold $460M of IPO, they would have "transfered" the debt to all the idiots who bought that IPO.

Sure, the stock would have taken a massive hit, but fuck it, what do they care? They wiped the debt, they've got an extra $75M/year (that went to interest) to add straight to the bottom line.

It was a ballsy strategy (but a very common one - google: "leveraged buyout" or LBO) but they just missed on the timing, and it will end up costing them the company me thinks..

So they went through all of that, according to what you said, to scam 50M out of wall street investors... AND THEY still probably had a NET loss for the year!! LMAO. considering they had a net loss of 43M last year! Not to mention the 500M of outstanding debt they have that will be coming due in a couple years.

They are fucked. As long as the stock price tanks it makes the stock worth that much less as they try to sell out their own shares (26M). I don't much about stocks but I know stock crashing is better than shooting up in value and making their company value worth a lot more.

FFN will be bankrupt in 2-3 years, where did this 50M cash grab go.... i would bet into someone;s pocket. I see this as a last ditched money grab on their part before the company implodes.

So which AFF shill are you ?

will76 · 05-17-2011, 05:19 PM

Quote:

Originally Posted by InfoGuy

FFN is in a spiral of death. 5 days of trading and it's down more than 35%. I can imagine the brokers calling their clients, telling them it's a bargain and asking them to buy more of this turd.

AFF

Almost 50% now.

marlboroack · 05-17-2011, 05:21 PM

Wonder if they would invest with me

SomeCreep · 05-17-2011, 06:11 PM

It'll bottom out at some point. Like Playboy, it'll probably have a wild ride all the way down to $1 - 2/share and then bounce back up to $5/share or something crazy like that.

InfoGuy · 09-15-2011, 02:24 PM

FFN hit a new intraday low of $2.50 and a new closing low of $2.52 At the rate FFN has plummeted since going IPO, it should be under a buck by the end of the year.

05-12-2011, 08:30 AM	#52
Tasty1 Judge Jury and Executioner Industry Role: Join Date: Jan 2005 Location: South-America Posts: 9,263	__________________ everything is fake

05-12-2011, 08:42 AM	#53
TarPy Confirmed User Industry Role: Join Date: Mar 2002 Posts: 758	Does anyone know what that places their valuation at? They wanted to establish a public value for the company. Hoping that it would reflect favorably in terms of their ability to raise capital or pay down debt. If it stabilizes at 7, is that terrible for them. Less than ideal sure, but I'm wondering what their "disaster price" is. I'm also wondering at what price they might become an acquisition target for a match.com or the like. I haven't been following their offer closely, I have no idea what portion of their company is reflected through their public offering. __________________ Not Working

05-12-2011, 08:49 AM	#54
Nathan Confirmed User Industry Role: Join Date: Jul 2003 Posts: 3,108	At $7 their market cap would be $187m. Income from Operations is 71m, Net Loss is 43m in 2010. So its roughly 2.5 years of Income from Operations. Not great at all... Their debt is whats killing them... and the IPO was a requirement from the lenders I am sure, since the lenders required a downpayment of the debt. The full 43m that they made with the IPO directly goes to the lenders to pay principle. __________________ "Think about it a little more and you'll agree with me, because you're smart and I'm right." - Charlie Munger

05-12-2011, 12:05 PM	#59
Nathan Confirmed User Industry Role: Join Date: Jul 2003 Posts: 3,108	The S1 filing has around _30_ Risk Factory, including such Fun Things like "we Risk defaulting on certain covenants of the loan because we previously did" or talking about how they were in default for ages with their previous debt.. Ton of great stuff in there. __________________ "Think about it a little more and you'll agree with me, because you're smart and I'm right." - Charlie Munger

05-12-2011, 03:17 PM	#61
adultmobile No, I am not banned Industry Role: Join Date: Nov 2003 Location: ChatGF.com Posts: 5,345	Who will pay hosting bills if AFF/cams will really default as someone say in this thread, and so stop to pay $40 million a year to affiliates and tubes? __________________ TubeCamGirl.com

05-12-2011, 03:34 PM	#62
kristin GOO! Industry Role: Join Date: Sep 2002 Location: Back Home : ) Posts: 9,768	Wow, down below a half a million shares. Yesterday it was 2+ million. __________________ Vacares rules. "Usually only fat guys have the kind of knowledge and ability that Kristin has."

05-12-2011, 04:14 PM	#64
merina0803 Registered User Industry Role: Join Date: May 2008 Posts: 573	pulling a mark cuban

05-12-2011, 04:18 PM	#65
PR_Dave Confirmed User Industry Role: Join Date: Jul 2003 Location: Italy Posts: 2,792	I guess we are just waiting to fight over the scraps..... __________________ www.PIMPROLL.com

05-12-2011, 05:15 PM	#66
Sasha18 Confirmed User Join Date: Dec 2002 Posts: 582	Investing money in adult company is way too risky. There are better internet companies to invest money in like Yandex and etc.... __________________

05-12-2011, 09:47 PM	#68
DBS.US Geo Cities Industry Role: Join Date: Aug 2003 Location: North Captiva Island, Florida USA Posts: 11,830	__________________ Make a Free Chaturbate White Label site in 34 minutes and be making money tonight

05-13-2011, 03:37 AM	#71
maxxtro Confirmed User Industry Role: Join Date: Dec 2002 Location: EU Posts: 561	That's gonna be a tough one, but I wish them the best of luck. __________________

05-13-2011, 03:47 AM	#72
Internet User So Fucking Banned Industry Role: Join Date: May 2011 Location: New York Posts: 544	i bought a share

05-13-2011, 03:54 AM	#73
Paul Markham Too old to care Industry Role: Join Date: Jun 2001 Location: On the sofa, watching TV or doing my jigsaws. Posts: 52,943	If you're sending AFF traffic, take it as a warning bell. __________________ Blowout deal. 880 videos, 2,400 image sets, plus many RAW videos. $500. PM me for a deal. Skype Paulmarkham70

05-17-2011, 10:37 AM	#74
InfoGuy 80/20 Rule Industry Role: Join Date: Apr 2010 Location: Los Angeles Posts: 3,051	FFN is in a spiral of death. 5 days of trading and it's down more than 35%. I can imagine the brokers calling their clients, telling them it's a bargain and asking them to buy more of this turd. AFF __________________ Support American Heroes \| How Bad is My Batch? \| Vaccine Deaths & Adverse Reactions \| Free Speech Coalition \| <WARNING> ePayService / Guerra Capital, INC / MTACC payments \| Flirt4Free Fucks their Affiliates \| Don't do business with piece of shit Andy Alvarez from Webmaster Central / VR3000, who said: "If it was up to me, they would have shot all 30,000 of those country loving shitheads"

05-17-2011, 12:24 PM	#75
Sasha18 Confirmed User Join Date: Dec 2002 Posts: 582	Today $5.63 Change -21.81% __________________

05-17-2011, 04:23 PM	#78
InfoGuy 80/20 Rule Industry Role: Join Date: Apr 2010 Location: Los Angeles Posts: 3,051	I've fallen and I can't get up! FFN needs the help of LifeCall! __________________ Support American Heroes \| How Bad is My Batch? \| Vaccine Deaths & Adverse Reactions \| Free Speech Coalition \| <WARNING> ePayService / Guerra Capital, INC / MTACC payments \| Flirt4Free Fucks their Affiliates \| Don't do business with piece of shit Andy Alvarez from Webmaster Central / VR3000, who said: "If it was up to me, they would have shot all 30,000 of those country loving shitheads"

05-17-2011, 04:51 PM	#79
Big E Registered User Industry Role: Join Date: Mar 2002 Location: San Diego, CA Posts: 935	(sigh) You guys really don't know much about stocks, do you? 1) They sold 5M shares (out of 26.72M), so about 20% of the company. 2) Those shares can go to zero, and it would not "affect" the company - you don't go automatically BK when your share price goes to zero. 3) When the stock price gets low enough (let's say $0.50/share), they could buy them all outstanding shares back for $2.5M and take it private (if they wanted). BOOM! They just "washed" their company from private to public back to private and made $47.5M (minus fees) from all those sucker investors. 4) The only people who "lose" money are all the idiots who bought the shares and sold them for a lower value. 5) As others have said, they HAD to do this deal to try and lower their debt - their interest costs are crushing. IMO, they're fucked. Unless they can cut costs or dramatically increase profitable sales, they're still losing money every quarter/every year. They are in a slow death spiral. They're not going to be able to go back to the stock market (obviously), and the reason they went to stock market in the first place is because they can't get credit from any bank. The next thing you're going to see from them is to start selling assets, presumably the least profitable segments of the business first.. whichever those may be - I suspect Penthouse goes on the chopping block first, but who knows.. they may ride the whole thing down until it crashes. Ironically, they ALMOST pulled it off. Basically, when you IPO, you're either growing SO FAST that you can't tranditional financing (i.e. banks) because banks don't loan on "potential" (that's what the stock market is for), OR.. you can't get traditional financing because the banks don't like your numbers/business model/whatever. So you go to the IPO market, and hope you can find a bunch of dipshits who will buy your stock and allow you to pay off the debt you accumulated. So, had FFN been able to get out of the gate in 2007/2008 right before the market crashed, and assuming they could have sold $460M of IPO, they would have "transfered" the debt to all the idiots who bought that IPO. Sure, the stock would have taken a massive hit, but fuck it, what do they care? They wiped the debt, they've got an extra $75M/year (that went to interest) to add straight to the bottom line. It was a ballsy strategy (but a very common one - google: "leveraged buyout" or LBO) but they just missed on the timing, and it will end up costing them the company me thinks..

05-17-2011, 05:21 PM	#86
marlboroack So Fucking Banned Industry Role: Join Date: Jul 2010 Location: ☣ Posts: 9,327	Wonder if they would invest with me

05-17-2011, 06:11 PM	#87
SomeCreep :glugglug Join Date: Mar 2003 Location: Where the Wild Things Are Posts: 26,118	It'll bottom out at some point. Like Playboy, it'll probably have a wild ride all the way down to $1 - 2/share and then bounce back up to $5/share or something crazy like that. __________________ Webair Hosting I use and recommend Webair for hosting.

09-15-2011, 02:24 PM	#88
InfoGuy 80/20 Rule Industry Role: Join Date: Apr 2010 Location: Los Angeles Posts: 3,051	FFN hit a new intraday low of $2.50 and a new closing low of $2.52 At the rate FFN has plummeted since going IPO, it should be under a buck by the end of the year. __________________ Support American Heroes \| How Bad is My Batch? \| Vaccine Deaths & Adverse Reactions \| Free Speech Coalition \| <WARNING> ePayService / Guerra Capital, INC / MTACC payments \| Flirt4Free Fucks their Affiliates \| Don't do business with piece of shit Andy Alvarez from Webmaster Central / VR3000, who said: "If it was up to me, they would have shot all 30,000 of those country loving shitheads"