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Old 05-18-2012, 06:18 AM   #1
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MOTHERFUCKERS: screwed on FB shares!

Just got this:

Quote:
E*TRADE Financial Account Alert

Acct.no.: xxxx-xxxx RE: Public Offering Order 8000 FB.
We were unable to allocate shares.
Possible reasons: Offering priced above limit or high demand for shares.
Fuckers! Maybe it's for the best, we'll see.
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Old 05-18-2012, 06:20 AM   #2
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8000 fb shares of 39$ a share? 312k$? :D
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Old 05-18-2012, 06:22 AM   #3
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btw gleem, you interested in revengetape.com? ;)
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Old 05-18-2012, 06:22 AM   #4
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8000 fb shares of 39$ a share? 312k$? :D
well it was more than that, since they basically ask you "what is your max you will pay per share" I knew I wouldn't get it all, thought they would at least toss me some crumbs.
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Old 05-18-2012, 06:23 AM   #5
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btw gleem, you interested in revengetape.com? ;)
I have 100's of EXGF/GF/Revenge domains... so no I wouldn't be, but thanks
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Old 05-18-2012, 06:27 AM   #6
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thought they would at least toss me some crumbs.
BAHAHAHAH
Perfectly summarizes why the entire western economic "system" is a massive fucking joke.
Ironic that you are upset you don't get to own a piece of this anti-competitive human herding pile of horse shit.
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Old 05-18-2012, 06:29 AM   #7
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If you bet on capitalism, you'll lose ...
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Old 05-18-2012, 06:30 AM   #8
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8000 share will be worth 50$ by end of month, you lost 100k j/k
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Old 05-18-2012, 06:31 AM   #9
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If you bet on capitalism, you'll lose ...
I hope you aren't implying what we currently have in the US is anything even remotely close to true free market capitalism.
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Old 05-18-2012, 06:33 AM   #10
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could it be because the stocks don't start trading until 11am EST?
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Old 05-18-2012, 06:34 AM   #11
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BAHAHAHAH
Perfectly summarizes why the entire western economic "system" is a massive fucking joke.
Ironic that you are upset you don't get to own a piece of this anti-competitive human herding pile of horse shit.
Worked out pretty good for me so far... great thing about capitalism is no matter how big of a fish you are there's other bigger ones out there that you can nibble away at.

You get what you put in IMO. You can whine about the fairness of it all, or go do something about it.
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Old 05-18-2012, 06:35 AM   #12
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could it be because the stocks don't start trading until 11am EST?
No, they inform customers who applied for early IPO shares this morn if they are getting a chunk that was allocated to the bank they are with. After 11 you won't be able to get them for the $38
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Last edited by gleem; 05-18-2012 at 06:36 AM..
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Old 05-18-2012, 06:35 AM   #13
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I think FB is a passing fad and this is a greedy last move
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Old 05-18-2012, 06:39 AM   #14
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I think FB is a passing fad and this is a greedy last move
Your avatar is mesmerizing
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Old 05-18-2012, 07:06 AM   #15
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After 11 you will be lucky to get them at less than 80.

This is done so a few can make the most.

That does not mean that others will not profit. If you get 10 to 100 shares at open, and sit on them for a few hours to days, you can triple or better your money.
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Old 05-18-2012, 07:13 AM   #16
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cant even find them to buy
what symbol?
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Old 05-18-2012, 07:17 AM   #17
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cant even find it through td bank

i was going to buy 15k worth
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Old 05-18-2012, 07:20 AM   #18
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cant even find them to buy
what symbol?
nasdaq:fb
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Old 05-18-2012, 07:21 AM   #19
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nasdaq:fb
yeah not found through TD..lol
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Old 05-18-2012, 07:35 AM   #20
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yeah not found through TD..lol
I was able to find it in TD, under Markets / Research - Stocks, then used the search, I put in FB and it auto brought up Facebook, I couldn't find a pre order option, and the buy/sell is greyed out, but I imagine that will change at 11 am
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Old 05-18-2012, 07:38 AM   #21
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To get in on the IPO you needed to have $250K in your trading account, make at least 25 trades per month, and then it was a lottery. BUT the maximum amount of shares you could get was only 500 anyway. So, don't feel too bad.
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Old 05-18-2012, 07:41 AM   #22
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I was able to find it in TD, under Markets / Research - Stocks, then used the search, I put in FB and it auto brought up Facebook, I couldn't find a pre order option, and the buy/sell is greyed out, but I imagine that will change at 11 am
ah i found it...but then reading below.
that is certainly not me.
i could only afford 10k also..lol

so i guess im out.
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Old 05-18-2012, 07:43 AM   #23
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it's interesting what this is doing to other social corps, if you bought friend finder yesterday morning, and sold this morning, you could have made upwards of 80% in 24 hours,
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Old 05-18-2012, 07:49 AM   #24
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Game day boys.
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Old 05-18-2012, 07:57 AM   #25
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Should've been expected. No way average Joe can get on this kind of IPO at anywhere near opening price.
Whats it at right now?
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Old 05-18-2012, 07:58 AM   #26
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Should've been expected. No way average Joe can get on this kind of IPO at anywhere near opening price.
Whats it at right now?
offering doesn't start for 3 more mins
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Old 05-18-2012, 08:15 AM   #27
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Shouldn't it have opened by now? Did the exchange crash?
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Old 05-18-2012, 08:20 AM   #28
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I'll pick some up in a few months when they're 30 cents
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Old 05-18-2012, 08:31 AM   #29
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Old 05-18-2012, 08:31 AM   #30
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Traded just after 11:30 at 43.

Traded 80 million shares in first 30 seconds.

Last edited by TisMe; 05-18-2012 at 08:33 AM..
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Old 05-18-2012, 08:34 AM   #31
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Look at it drop, lots of people cashing out and taking a profit
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Old 05-18-2012, 08:37 AM   #32
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Facebook, which raised $16 billion in its initial public offering late Thursday, won't start trading on the stock market until 8 a.m. PDT. The delay is intended to allow for orderly trading given the investor frenzy and media hype surrounding the historic IPO.

That's probably why you couldn't make your purchase at opening bell.
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Old 05-18-2012, 08:50 AM   #33
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i'll buy them at 15$ in upcoming months
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Old 05-18-2012, 08:52 AM   #34
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Worked out pretty good for me so far... great thing about capitalism is no matter how big of a fish you are there's other bigger ones out there that you can nibble away at.

You get what you put in IMO. You can whine about the fairness of it all, or go do something about it.
i like this right here... well said.


ps i wouldn't touch fb in the first week with a ten foot poll.. hehe
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Old 05-18-2012, 08:53 AM   #35
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well your good to get in around 38 now.
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Old 05-18-2012, 09:04 AM   #36
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i like this right here... well said.
Morons patting morons on the back; the crux of the US economy.

That whole fish nibbling analogy totally explains heavy taxation, arbitrary inflation, unethical lobbying, monopolistic practices, market manipulation and price fixing.

Hopefully we will bomb some more brown children with my money soon.
It's good to be free comrades...
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Old 05-18-2012, 09:06 AM   #37
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After 11 you won't be able to get them for the $38
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After 11 you will be lucky to get them at less than 80.
could buy them at $38.72 right now!
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Old 05-18-2012, 09:11 AM   #38
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Morons patting morons on the back; the crux of the US economy.

That whole fish nibbling analogy totally explains heavy taxation, arbitrary inflation, unethical lobbying, monopolistic practices, market manipulation and price fixing.

Hopefully we will bomb some more brown children with my money soon.
It's good to be free comrades...
translation: I"M POOR AND I DON'T KNOW HOW TO FIX IT WAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHH!!!

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Old 05-18-2012, 09:58 AM   #39
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well your good to get in around 38 now.
yep, got in... already made a profit twice
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Old 05-18-2012, 11:47 AM   #40
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So much for buying and selling for a quick profit as most thought.

All the big guys sold out and ran away as quickly as possible. It's a little above $40 right now.

Keep on keeping on.
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Old 05-18-2012, 11:52 AM   #41
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btw gleem, you interested in revengetape.com? ;)
I own revengetapes.com
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Old 05-18-2012, 11:55 AM   #42
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i dont think you guys understand the big fish small fish thing, if the small fish are living off the big fish its because they are eating their shit and their scraps, not because they are nibbling away at them
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Old 05-18-2012, 12:03 PM   #43
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i dont think you guys understand the big fish small fish thing, if the small fish are living off the big fish its because they are eating their shit and their scraps, not because they are nibbling away at them
heh, lets see how long it takes you to turn this into an Anti-Semitic thread, and only a loser would think they are eating the shit instead of nibbling on the fat.
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Old 05-18-2012, 01:16 PM   #44
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6 months and they will have dropped around 50%, $20 is what you are looking for ( still to high ). Wayyyyyyyyyyyyyyyyy to much for these stocks right now
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Old 05-18-2012, 02:48 PM   #45
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https://www.google.com/finance?client=ob&q=NASDAQ:FB

Sanity is setting in and a few are taking a bath.
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Old 05-18-2012, 06:17 PM   #46
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translation: I"M POOR AND I DON'T KNOW HOW TO FIX IT WAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHH!!!

So basically your excuse for complete lack of understanding of the economic system you participate in is "lol u must b poor"

Good job!

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only a loser would think they are eating the shit instead of nibbling on the fat.
Yes, your porn and investment profits clearly terrify billionaires and you are so close to devouring them whole. I bet they can barely sleep.
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Old 05-18-2012, 09:37 PM   #47
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I dont care, I make much more profit on my oil shares...
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Old 05-18-2012, 10:29 PM   #48
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LOL






38.23
+0.23 (0.61%)
May 18 - Close
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Old 05-18-2012, 10:30 PM   #49
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FB is going to $20/share and even then it's still expensive.
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Last edited by SomeCreep; 05-18-2012 at 10:33 PM..
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Old 05-18-2012, 10:36 PM   #50
Diomed
Converting like it's 1999
 
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Join Date: Jan 2009
Location: The South
Posts: 6,165
Quote:
Originally Posted by - Jesus Christ - View Post
BAHAHAHAH
Perfectly summarizes why the entire western economic "system" is a massive fucking joke.
Ironic that you are upset you don't get to own a piece of this anti-competitive human herding pile of horse shit.
I like you.
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