Friend Finder IPO Today - GoFuckYourself.com

mpahlca · 05-11-2011, 07:18 AM

http://www.xbiz.com/news/133897

The thing that i love most about this is the numbers "The company had $346 million in revenue for the 12 months ending Dec. 31."

iamtam · 05-11-2011, 07:42 AM

and if it is like their expenses last time they are about the same. not to mention the overhanging 250 million in debt they showed last time too.

~Ray · 05-11-2011, 07:45 AM

THEY need this IPO , not the traders. I think I'll pass.

u-Bob · 05-11-2011, 07:52 AM

Quote:

Originally Posted by ~Ray

I think I'll pass.

same here.

mpahlca · 05-11-2011, 07:57 AM

Quote:

Originally Posted by iamtam

and if it is like their expenses last time they are about the same. not to mention the overhanging 250 million in debt they showed last time too.

it was 400 million not 250 ;)

cherrylula · 05-11-2011, 08:00 AM

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

Shap · 05-11-2011, 08:27 AM

I believe the debt is from their acquisition of friend finder.

Shap · 05-11-2011, 08:29 AM

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

Down so far

Failed · 05-11-2011, 08:52 AM

Nice time for an IPO, right after fuckbook taken down and Facebook suing them. Yeah, I'm definitely investing

Sasha18 · 05-11-2011, 08:53 AM

-16.80% lol

L-Pink · 05-11-2011, 09:15 AM

Will fake members make fake bids to drive up the price?

james_clickmemedia · 05-11-2011, 09:15 AM

I put in a limit order for $5...

ajrocks · 05-11-2011, 09:17 AM

Its' tanking big time! -18.50% now!

Vendot · 05-11-2011, 11:51 AM

Quote:

Originally Posted by ajrocks

Its' tanking big time! -18.50% now!

They down over 25% earlier........

Coup · 05-11-2011, 11:53 AM

Im buying all i can get my hands on

pornguy · 05-11-2011, 12:04 PM

Just check and say 7.6 up

Furious_Male · 05-11-2011, 12:13 PM

Down almost 25% granted the overall market is down today. It will be interesting to see how this plays out in the coming weeks.

xanadu · 05-11-2011, 12:18 PM

dating companies that went public in europe are going very very well though, lets see how it goes.

In any case, its exciting when a company from our industry is listed, doesnt happen too often...

KillerK · 05-11-2011, 12:20 PM

Quote:

Originally Posted by mpahlca

http://www.xb**.com/news/133897

The thing that i love most about this is the numbers "The company had $346 million in revenue for the 12 months ending Dec. 31."

Yo douche bag, stop linking to a site that promotes and makes money from .XXX

Why doesn't gfy filter the url?

B.Barnato · 05-11-2011, 12:32 PM

this is a great opportunity for all investors

not.

merina0803 · 05-11-2011, 12:39 PM

(NasdaqGM: FFN )
Real Time 7.80 Down 2.20 (22.00%) 3:45PM EDT

kristin · 05-11-2011, 12:39 PM

Quote:

Originally Posted by Shap

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

Down so far

Damn, down 24% in the first day?

I don't see a lot of investors jumping on this with the FB lawsuit.

will76 · 05-11-2011, 12:58 PM

Quote:

Originally Posted by mpahlca

http://www.xbiz.com/news/133897

The thing that i love most about this is the numbers "The company had $346 million in revenue for the 12 months ending Dec. 31."

The thing that I love most about numbers is not the revenue but the profit, and in friendfinder's case, they had a net loss of $43.2 million over that 12 month period.

Fuck Xbiz, AVN gives you more info:

" The company’s revenue for 2010 was reported to be $346 million, with a net loss of $43.2 million. According to the filed statement."

http://business.avn.com/articles/vid...PO-434000.html

will76 · 05-11-2011, 12:59 PM

Quote:

Originally Posted by merina0803

(NasdaqGM: FFN )
Real Time 7.80 Down 2.20 (22.00%) 3:45PM EDT

will lmao when this becomes a penny stock.

JFK · 05-11-2011, 01:02 PM

Quote:

Originally Posted by L-Pink

Will fake members make fake bids to drive up the price?

The GFY Playas will buy it all out

will76 · 05-11-2011, 01:03 PM

Quote:

Originally Posted by Shap

I believe the debt is from their acquisition of friend finder.

They had a net loss of 43 Million just over the last 12 months. Sure their 300+ million in debt is mostly from their acquisitions, but even with out that the company is hemorrhaging money. I feel deep down inside they know its crashing, its going to all go under soon enough and some kind of way the CEO, owners, board members are using this ipo to make one big cash grab before the ship sinks, and of course screw the idiots who invest in the stock. I would bet anything they will be a penny stock or delisted, in bankruptcy protection or something in the next 1-3 years.

Look at the volume right when it opened:

That was probably Lars and Andrew cashing in on everything they had before it all goes to shit.

merina0803 · 05-11-2011, 01:12 PM

ffn.pk soon

kristin · 05-11-2011, 02:51 PM

Closed at $7.85, down $2.15.

Internet Guy · 05-11-2011, 03:49 PM

Quote:

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 the filing.

"(The IPO) is such a small deal, I'd have concerns about how much debt they can actually alleviate," Buhr said.

The entire IPO proceeds don't even pay for all their debt.

Their Revenue has been flat for the last year, their loss over $30m/yr.

This stock could be a buy one day, after it collapses to 5cents on the dollar and somebody new comes in to turn the business around

Link: http://eresearch.fidelity.com/eresea...duct=COMBINED&

Internet Guy · 05-11-2011, 03:54 PM

Quote:

Use of IPO Proceeds: $49.4 million is to be allocated to repay debt.

An IPO to pay off 10% of their debt.

ThatOtherGuy - BANNED FOR LIFE · 05-11-2011, 03:58 PM

Fuck that.

Barry-xlovecam · 05-11-2011, 04:01 PM

Internet Guy · 05-11-2011, 04:03 PM

So, how do we make money of this knowledge?

I don't think we can short this stock, even then who knows what lies ahead. Should be interesting!

Internet Guy · 05-11-2011, 04:13 PM

Their interest expense is 89.7m/year. Now it will be 80.73m/year.

Unless something changes, they are on track to lose another 30m/year.

How much cash are they sitting on and how much more will they be allowed to borrow?

merina0803 · 05-11-2011, 04:23 PM

http://www.dfi.wa.gov/sd/fraud_alert...department.htm

Just Mike · 05-11-2011, 04:48 PM

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

jigg · 05-11-2011, 05:00 PM

how do they operate if they're $40+ million in the red every year?

icymelon · 05-11-2011, 07:25 PM

the fuck book lawsuit can eat away at a good chunk of that 50 million and if they lose they will end up with a penny stock

V_RocKs · 05-11-2011, 08:11 PM

Shit happens

merina0803 · 05-11-2011, 08:33 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

http://247wallst.com/2011/05/11/ipo-...emyfinder-ffn/

"With the whole slew of adult websites that FriendFinder has in its stable, we won?t even bother making up any more fake names? save one or two. FriendFinder just became EnemyFinder for IPO investors. Actually, maybe it is EnemaFinder.

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 a fun call. 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.

Read more: IPO Watch: FriendFinder Becomes EnemyFinder (FFN) - 24/7 Wall St. http://247wallst.com/2011/05/11/ipo-...#ixzz1M6dd11Lr
"

JustJ · 05-11-2011, 08:53 PM

FFN needs the money to survive. Without it, they're done. Selling off to the liquidators.

On that note..

Any FFN employees who are looking for a job, hit me up.

iamtam · 05-11-2011, 10:08 PM

the worst news for them is that for every dollar of revenue, they spent $1.14 to get it. you know those big brosmaster payouts?

Mutt · 05-11-2011, 10:35 PM

what an opportunity to make a killing shorting a stock we all know is doomed - i'm amazed the IPO happened.

still worth shorting, it will be down 80% of the IPO price. any names of who bought big volume of it?

SomeCreep · 05-11-2011, 11:32 PM

I believe AFF's best days are behind them. And as for Penthouse, I don't even know what they do these days. Magazines are dead. Their online presence is not substantial. I think Brazzers should do an IPO.

Internet Guy · 05-11-2011, 11:41 PM

Quote:

Originally Posted by SomeCreep

I believe AFF's best days are behind them. And as for Penthouse, I don't even know what they do these days. Magazines are dead. Their online presence is not substantial. I think Brazzers should do an IPO.

Highly profitable porn companies have 0 incentive to go public.

SleazyDream · 05-11-2011, 11:44 PM

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!

SuzzyQ · 05-12-2011, 02:56 AM

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!

tranza · 05-12-2011, 06:56 AM

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!

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

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

2intense · 05-12-2011, 06:57 AM

Quote:

Originally Posted by L-Pink

Will fake members make fake bids to drive up the price?

yes .................

will76 · 05-12-2011, 06:59 AM

Quote:

Originally Posted by SomeCreep

I believe AFF's best days are behind them. And as for Penthouse, I don't even know what they do these days. Magazines are dead. Their online presence is not substantial. I think Brazzers should do an IPO.

All Penthouse does these days is acquires companies and sinks them.

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!

"All you can?" what would that be 3 shares ?

05-11-2011, 07:18 AM	#1
mpahlca Confirmed User Industry Role: Join Date: Feb 2004 Location: Vancouver Posts: 1,821	Friend Finder IPO Today http://www.xbiz.com/news/133897 The thing that i love most about this is the numbers "The company had $346 million in revenue for the 12 months ending Dec. 31." __________________ I could give two shits wether you read this sig or not.

05-11-2011, 07:45 AM	#3
~Ray visit hardlinks.org Industry Role: Join Date: Jun 2003 Location: Las Vegas , Nv >>> [email protected] or icq 94994627 anytime Posts: 18,362	THEY need this IPO , not the traders. I think I'll pass. __________________ Adult Backlinks for Adult Websites - Testimonials Available

05-11-2011, 08:53 AM	#10
Sasha18 Confirmed User Join Date: Dec 2002 Posts: 582	-16.80% lol __________________

05-11-2011, 09:15 AM	#12
james_clickmemedia Confirmed User Join Date: Apr 2003 Location: Texas / London Posts: 2,204	I put in a limit order for $5... __________________ $ CLICKMEMEDIA.COM $ CONVERTING ETHNIC TRAFFIC SINCE 1998 ~ $30+PPS BLACK-X.COM - NEW BLACK EX-GF SITE CLICKMEMEDIA.COM ~ ICQ - 8788771

05-11-2011, 09:17 AM	#13
ajrocks Confirmed User Join Date: Nov 2004 Location: On Uranus Posts: 4,526	Its' tanking big time! -18.50% now! __________________ SEO Strategy - Digital Strategy - Cannabis Lead Generation Skype aj.durden1

05-11-2011, 07:42 AM	#2
iamtam So Fucking Banned Join Date: Feb 2010 Posts: 1,211	and if it is like their expenses last time they are about the same. not to mention the overhanging 250 million in debt they showed last time too.

05-11-2011, 08:00 AM	#6
cherrylula lol Industry Role: Join Date: Jan 2002 Posts: 15,969	250 million in debt??? How the hell did that happen? geez.

05-11-2011, 08:27 AM	#7
Shap Confirmed User Industry Role: Join Date: May 2001 Posts: 8,313	I believe the debt is from their acquisition of friend finder.

05-11-2011, 08:29 AM	#8
Shap Confirmed User Industry Role: Join Date: May 2001 Posts: 8,313	http://mobile.reuters.com/article/id...10511?irpc=932 Down so far

05-11-2011, 08:52 AM	#9
Failed Confirmed User Industry Role: Join Date: Mar 2011 Posts: 2,301	Nice time for an IPO, right after fuckbook taken down and Facebook suing them. Yeah, I'm definitely investing

05-11-2011, 09:15 AM	#11
L-Pink working on my tan Industry Role: Join Date: Mar 2005 Location: Florida/Kentucky Posts: 39,152	Will fake members make fake bids to drive up the price?

05-11-2011, 11:53 AM	#15
Coup 🚨 PBBC International 🚨 Industry Role: Join Date: Apr 2010 Location: /👁\ Posts: 9,932	Im buying all i can get my hands on

05-11-2011, 12:04 PM	#16
pornguy Too lazy to set a custom title Industry Role: Join Date: Mar 2003 Location: Homeless Posts: 62,912	Just check and say 7.6 up __________________ PornGuy skype me pornguy_epic AmateurDough The Hottes Shemales online! TChicks.com \| Angeles Cid \| Mariana Cordoba \| MAILERS WELCOME!

05-11-2011, 12:13 PM	#17
Furious_Male Doing the grind since 99 Industry Role: Join Date: Oct 2003 Location: Buffalo NY Posts: 16,881	Down almost 25% granted the overall market is down today. It will be interesting to see how this plays out in the coming weeks. __________________ Living in Virtual Reality Contact: Email (preferred): furiousmale .at. gmail - Skype: live:shanedws

05-11-2011, 12:18 PM	#18
xanadu bot Industry Role: Join Date: Sep 2006 Location: Barcelona Posts: 997	dating companies that went public in europe are going very very well though, lets see how it goes. In any case, its exciting when a company from our industry is listed, doesnt happen too often... __________________ GFY Admin [email protected] https://linktr.ee/xxx

05-11-2011, 12:32 PM	#20
B.Barnato So Fucking Banned Industry Role: Join Date: Nov 2010 Posts: 3,618	this is a great opportunity for all investors not.

05-11-2011, 12:39 PM	#21
merina0803 Registered User Industry Role: Join Date: May 2008 Posts: 573	(NasdaqGM: FFN ) Real Time 7.80 Down 2.20 (22.00%) 3:45PM EDT

05-11-2011, 01:12 PM	#27
merina0803 Registered User Industry Role: Join Date: May 2008 Posts: 573	ffn.pk soon

05-11-2011, 02:51 PM	#28
kristin GOO! Industry Role: Join Date: Sep 2002 Location: Back Home : ) Posts: 9,768	Closed at $7.85, down $2.15. __________________ Vacares rules. "Usually only fat guys have the kind of knowledge and ability that Kristin has."

05-11-2011, 03:58 PM	#31
ThatOtherGuy - BANNED FOR LIFE So Fucking Banned Industry Role: Join Date: Apr 2011 Posts: 1,241	Fuck that.

05-11-2011, 04:01 PM	#32
Barry-xlovecam It's 42 Industry Role: Join Date: Jun 2010 Location: Global Posts: 18,083

05-11-2011, 04:03 PM	#33
Internet Guy Confirmed User Join Date: May 2006 Posts: 402	So, how do we make money of this knowledge? I don't think we can short this stock, even then who knows what lies ahead. Should be interesting!

05-11-2011, 04:13 PM	#34
Internet Guy Confirmed User Join Date: May 2006 Posts: 402	Their interest expense is 89.7m/year. Now it will be 80.73m/year. Unless something changes, they are on track to lose another 30m/year. How much cash are they sitting on and how much more will they be allowed to borrow?

05-11-2011, 04:23 PM	#35
merina0803 Registered User Industry Role: Join Date: May 2008 Posts: 573	http://www.dfi.wa.gov/sd/fraud_alert...department.htm

05-11-2011, 04:48 PM	#36
Just Mike Confirmed User Industry Role: Join Date: Sep 2002 Location: In a land FAR FAR away Posts: 3,726	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 __________________ EMAIL: [email protected] / ICQ: 56205262 AWEMPIRE

05-11-2011, 05:00 PM	#37
jigg Confirmed User Join Date: Feb 2002 Posts: 2,527	how do they operate if they're $40+ million in the red every year? __________________ ...... eight,eight,two,eight,eight,four,two ......

05-11-2011, 07:25 PM	#38
icymelon Confirmed User Industry Role: Join Date: Dec 2007 Location: Las Vegas Posts: 3,220	the fuck book lawsuit can eat away at a good chunk of that 50 million and if they lose they will end up with a penny stock __________________ Network Of Adult Blogs With Hardlink Rentals Available

05-11-2011, 08:11 PM	#39
V_RocKs Damn Right I Kiss Ass! Industry Role: Join Date: Dec 2003 Location: Cowtown, USA Posts: 32,391	Shit happens

05-11-2011, 08:53 PM	#41
JustJ Confirmed User Industry Role: Join Date: May 2011 Posts: 280	FFN needs the money to survive. Without it, they're done. Selling off to the liquidators. On that note.. Any FFN employees who are looking for a job, hit me up.

05-11-2011, 10:08 PM	#42
iamtam So Fucking Banned Join Date: Feb 2010 Posts: 1,211	the worst news for them is that for every dollar of revenue, they spent $1.14 to get it. you know those big brosmaster payouts?

05-11-2011, 10:35 PM	#43
Mutt Too lazy to set a custom title Industry Role: Join Date: Sep 2002 Posts: 34,431	what an opportunity to make a killing shorting a stock we all know is doomed - i'm amazed the IPO happened. still worth shorting, it will be down 80% of the IPO price. any names of who bought big volume of it? __________________ I moved my sites to Vacares Hosting. I've saved money, my hair is thicker, lost some weight too! Thanks Sly!

05-11-2011, 11:32 PM	#44
SomeCreep :glugglug Join Date: Mar 2003 Location: Where the Wild Things Are Posts: 26,118	I believe AFF's best days are behind them. And as for Penthouse, I don't even know what they do these days. Magazines are dead. Their online presence is not substantial. I think Brazzers should do an IPO. __________________ Webair Hosting I use and recommend Webair for hosting.

05-11-2011, 11:44 PM	#46
SleazyDream I'm here for SPORT Industry Role: Join Date: Jul 2001 Location: Phone # (401) 285-0696 Posts: 41,470	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! __________________ This dog, is dog, a dog, good dog, way dog, to dog, keep dog, an dog, idiot dog, busy dog, for dog, 20 dog, seconds dog! Now read without the word dog.