Facebook just opened at $35.00, down -$3.23 - GoFuckYourself.com

HushMoney · 05-21-2012, 06:33 AM

it's just the opening of the trading day, but dayum!

seeandsee · 05-21-2012, 06:35 AM

People will lost money if something dont pop instead social buzz :D

Axeman · 05-21-2012, 06:37 AM

Looks like the underwriters are making another stand at $35 right now.

ninavain · 05-21-2012, 06:40 AM

The underwriters/banks are propping this stock up..but it will be in free fall this week...it's over guys..Facebook just shit the bed.

Axeman · 05-21-2012, 06:43 AM

Looks like the underwriters gave up the $35 floor and made their new mark at $34. Very fast change of strategy there. Must be a ton of pressure on it downward.

EddyTheDog · 05-21-2012, 06:44 AM

11% in a few mins - Ouch

HushMoney · 05-21-2012, 06:45 AM

gonna be a fun day of viewing it looks like.....

woj · 05-21-2012, 06:45 AM

ouch.... but doubt anyone is surprised...

EddyTheDog · 05-21-2012, 06:47 AM

Quote:

Originally Posted by woj

ouch.... but doubt anyone is surprised...

I assume all the people who bought between 38 and 44 are!

HushMoney · 05-21-2012, 06:47 AM

down to 33.00, almost 14% of it's value!

sweetcuties · 05-21-2012, 06:48 AM

lol, never bought never will

teomaxxx · 05-21-2012, 06:50 AM

Quote:

Originally Posted by woj

ouch.... but doubt anyone is surprised...

well, probably some of those guys who bought in the IPO are a bit surprised how fastly they lost money ...
as i wrote already here, Facebook will be used in the future as prime example that nothing has changed on the Wallstreet after the financial crises and they will sell whatever shit with straight face, while trying to legitimize insane over-valuations...

sperbonzo · 05-21-2012, 06:56 AM

There is no way I would have bought at 100x earnings. APPLE sells at 15x earnings and they actually have a change to really increase revenues, but FB doesn't. Major advertisers pulling out due to lack of ROI, china not allowing it, bad geo location on the ad-serving....

I can't believe anyone bought this...

.

BIGTYMER · 05-21-2012, 07:01 AM

Stocks dropping like a lead weight..

Deputy Chief Command · 05-21-2012, 07:14 AM

$20 by end of the week? now that would be good laugh

Tom_PM · 05-21-2012, 07:15 AM

It proves the old addage that shit happens.

brassmonkey · 05-21-2012, 07:19 AM

their still rich

globofun · 05-21-2012, 07:30 AM

Quote:

Originally Posted by PR_Tom

It proves the old addage that shit happens.

Nicky · 05-21-2012, 07:59 AM

Wouldn't touch that stock with a pole. Some of my friends bought and I told them to wait a few weeks to see where It settles but oh no they were gonna make a fast 20-30% profit

ruff · 05-21-2012, 08:03 AM

The big boys are selling short. As usual.

BIGTYMER · 05-21-2012, 08:08 AM

http://seekingalpha.com/article/6050...rm?source=cnbc

HushMoney · 05-21-2012, 08:09 AM

Quote:

Originally Posted by Nicky

Wouldn't touch that stock with a pole. Some of my friends bought and I told them to wait a few weeks to see where It settles but oh no they were gonna make a fast 20-30% profit

I wonder how much the underwriters are down as they try to keep the stock proped up.

Harmon · 05-21-2012, 08:33 AM

It will bounce back and forth before Friday. You will see chunks go, then bought up. I say at about $29 and then jump back to around $39. Maybe a rally before Friday, dependent on whatever the hell happens in the news with the rest of the stock market.

I honestly think it's just too early too see it tank off the deep end. People may be skeptical, but still intrigued. I predict a ton more public appearances by Zuckerberg, attempting to instill confidence into the investor.

L-Pink · 05-21-2012, 08:42 AM

Quote:

Originally Posted by ninavain

Facebook just shit the bed.

Love that expression.

.

HushMoney · 05-21-2012, 08:46 AM

Quote:

Originally Posted by Harmon

It will bounce back and forth before Friday. You will see chunks go, then bought up. I say at about $29 and then jump back to around $39. Maybe a rally before Friday, dependent on whatever the hell happens in the news with the rest of the stock market.

I honestly think it's just too early too see it tank off the deep end. People may be skeptical, but still intrigued. I predict a ton more public appearances by Zuckerberg, attempting to instill confidence into the investor.

they overvaluated it. I think it will settle in around $25-$28 and stay there for awhile until they find a way to monitize their advertising better.

seeandsee · 05-21-2012, 08:47 AM

$ 33.678 -11.91%

Harmon · 05-21-2012, 08:50 AM

Quote:

Originally Posted by HushMoney

they overvaluated it. I think it will settle in around $25-$28 and stay there for awhile until they find a way to monitize their advertising better.

Fair enough, and it makes perfect sense. I just feel that savvy people (investors) realize that there is a shit ton of traffic there, and Zuckerberg realizes it. He has yet to bring FB to it's full potential monetarily wise. He knows it. He has been sucking in traffic for years now before it (advertising) becomes a major imposition on the end user.

It's a matter of when and if they choose to change, will people accept it? Myspace v2.0... scary ground people are treading on.

- Jesus Christ - · 05-21-2012, 08:50 AM

Quote:

Originally Posted by Harmon

jump back to around $39..

It might be wishful thinking, but I doubt that's gonna happen. I think smart money dislikes FB and stupid money does less investing.

RyuLion · 05-21-2012, 08:51 AM

Quote:

Originally Posted by sweetcuties

lol, never bought never will

Houdini · 05-21-2012, 08:52 AM

Quote:

Originally Posted by ruff

The big boys are selling short. As usual.

You can't short it for another week.

Sly · 05-21-2012, 08:53 AM

I don't know anything about stocks, but it seems that every time there is a new Internet stock it totally crashes. What is the last new Internet stock that went well?

nextri · 05-21-2012, 08:53 AM

facebook is the new FFN...

Timsb · 05-21-2012, 09:10 AM

Poor FB at 33.71

Harmon · 05-21-2012, 09:13 AM

Quote:

Originally Posted by Timsb

Poor FB at 33.71

Do you think it will hit some kind of low and then guys will buy it up? Bounce it back and forth? a buck or two up, then down... rinse and repeat?

Emma · 05-21-2012, 09:14 AM

Being rich is so much better than being not rich

Tom_PM · 05-21-2012, 09:18 AM

Bought some stock back in the 90's at about $26. It split about 6 yrs later. Today it's only around $4.50.

These things can happen sooner or later.

arock10 · 05-21-2012, 09:20 AM

Quote:

Originally Posted by Sly

I don't know anything about stocks, but it seems that every time there is a new Internet stock it totally crashes. What is the last new Internet stock that went well?

linkedin doing well so far http://finance.yahoo.com/q?s=LNKD&ql=0

ruff · 05-21-2012, 12:52 PM

Quote:

Originally Posted by Houdini

You can't short it for another week.

I did not know that.

djroof · 05-21-2012, 12:57 PM

cool biz :P

$5 submissions · 05-21-2012, 01:24 PM

Some analysts' target price for that stock is $30

Personally, I think it is more around $10.

A 100 P/E ratio at $38 is just WAY WAY too overpriced

Considering that the EU problems in Spain, Italy, and Ireland (Greece is too far gone) will probably ROCK the stock market soon.

Also, China is slowing down.

The world's in for a rough ride for the second half of this year and FUCKING AROUND with FB stock is the least of its worries.

eroticsexxx · 05-21-2012, 06:32 PM

Quote:

Originally Posted by Jesus H Christ

The number 1 rules in investing, NEVER invest into something you don't understand.

Meaning, how hard was it to look for similar concepts that failed? GeoCities, myspace, and for you old schoolers, TheGlobe.com. Back the 1990s, TG had 20 million users, only a couple hundred million Internet users back then.

Likewise, perhaps you should avoid making comparisons of FB to mere websites because it's something that you don't completely understand.

FB is a platform, much like Google.

Now some here have not been able to comprehend the difference and thus haughtily regurgitate the repetitive Myspace comparison, but the only thing that such persons are displaying is their lack of awareness regarding what FB really is.

epitome · 05-21-2012, 06:54 PM

LOL at the people that say it or the company will crash. While $38 was aggressive, FB isn't going anywhere.

In 2010 they had $2 billing EBITA and a $600 million profit (these numbers may be a little off, but close enough)
In 2011 that jumped to $3.7 billion and $1 billion in profits

So in one year they almost doubled their revenue and profit. Keep in mind, their user base was tapping out at that point. They got good at growing revenue and profit.

Their credits system also has nowhere to go but up. 2010 saw $106 million while 2011 jumped to $557 million.

Zuck knows he has to make mobile work. They've done zero to monetize mobile despite it becoming a huge part of their traffic. They will now focus on mobile ... and we all know how lucrative mobile can be.

You're supposed to invest in the stock market for long term. You cannot judge a company by what it stock does from day one to day two. The richest men in the world take long positions in everything for a reason.

There are plenty of investors that aren't sweating right now because they see long term value. The people that view the stock market as short-term gambling are the one's that are sweating.

SomeCreep · 05-21-2012, 09:34 PM

FB is going to $20 within a year.

FlowerKid · 05-21-2012, 09:51 PM

FB is just a bubble it will be worth a shit in the long run.

AsianDivaGirlsWebDude · 05-22-2012, 03:39 AM

ADG

ilnjscb · 05-22-2012, 06:24 AM

Pre-trade is 32.77 lets see which way it goes. I'm sure the underwriters will prop it to avoid suits.

DateDoc · 05-22-2012, 06:35 AM

Looks like they are letting it go - $31.10 now.

DateDoc · 05-22-2012, 06:45 AM

Back over $32. Some serious buying going on.

Evil Chris · 05-22-2012, 06:49 AM

People haven't learned from when the dot com bubble burst?

Just send me your money instead.

eroticsexxx · 05-22-2012, 07:01 AM

Quote:

Originally Posted by Jesus H Christ

Oh shit, you actually bought FB stock? Lack of a awareness? - Seriously? FB core function is nothing like Google.

Last year Facebook had $3.8 billion in revenue, not profit, just revenue. We don’t know how profitable Facebook was because it was a private company. Let’s pretend Facebook’s future margins are better than Google's 2011 with 27.5%. This would mean they earned $1.045 billion in profit which would imply a P/E ratio of 95.7 and a return slightly over 1% on investment. This would also mean, FB couldn't even keep pace with inflation.

BUT Facebook is a growth investment right? Possibly, but how much growth can possibly be expected with 900 million users already, or to put it another way, nearly half of the 2.3 billion total internet users? Sure the internet will continue to attract new users, but from where? Developing worlds only have limited access to the internet?

Facebook’s main traffic is from dumbfuck Americans now figuring out most of what they write isn't important and your high school buddies don't care. Matter of fact, there's a steady stream dropping because they don't want to be associated with others knowing their lives or be somehow associated with yours.

Anyway, to achieve an 18.31 P/E ratio (like Google) holding the $100 billion valuation constant, Facebook will need to increase their revenues and "hypothetical" net income by more than 500% to $19.86 billion and $5.46 billion respectively. I don’t think it’s realistic that Facebook can increase their revenues and net income by 500% within a reasonable time either through growth in users or through generating significantly more revenue per user.

This was necessary just to justify Facebook’s opening IPO price if you think the company is comparable to Google in its prospects. If Facebook made $1 billion profit with 900 million users that means each year, each user earns Facebook roughly $1.11 on average. We know that to achieve an 18.31 P/E Facebook would need $5.46 billion in earnings, divide that $1.11 formulating the number of users required to generate this income target. That would be 4.92 billion users or, in other words, twice+ the total number of users estimated to be on the internet today.

Even with my piss poor high school math, how could you not see Facebook's future being more analogous to MySpace than to Google? Facebook isn’t an innovator. They’re not branching out into other businesses in a meaningful way, but an outlandish $100 billion valuation? FB is going to be TheGlobe.com x1000 and has NO shot of being anything like Google. WAKE UP!

Those with no vision make themselves quite obvious.

The metrics which you discuss so confidently, such as user base and ad revenue (FB's primary source of income at present), are not applicable to FB's future growth in as meaningful a way as other sites before it. This accounts for why the vast majority of critics of FB simply can't comprehend what actually is happening and thus they bring out the MySpace/<insert website here> comparisons.

At the same time Zuckerberg can't (and shouldn't) release the full dynamics of FB's plans as a platform as yet because he needs to be the first to market with what is about to happen in the coming year. Social networking will be turned effectively on its head and others will attempt to follow suit, but it will be too late.

Most persons in the know actually expected the dip and in some circles it is hoped that the value goes as low as mid 20's in value so that the stock practically can be doubled up on.

There will be a desperate scramble for FB stock if/when even a small portion of FB's platform plans come to fruition because the price will bounce back and soar to record levels practically overnight. It all depends on how Zuckerberg and crew play their cards.

Like I said before, they can double their profits if they let it take a deep slide and buy back stock as they go, but we will see how savvy a CEO Zuckerberg really is. There is nothing like a stock that takes a massive slide and then makes an awesome comeback to spur long term investor confidence.

05-21-2012, 06:33 AM	#1
HushMoney Confirmed User Industry Role: Join Date: Apr 2005 Location: Hermosa Beach & Miami, FL. Posts: 2,256	Facebook just opened at $35.00, down -$3.23 it's just the opening of the trading day, but dayum! __________________ Hushmoney.com Interracialpass Hushpass

05-21-2012, 06:35 AM	#2
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	People will lost money if something dont pop instead social buzz :D __________________ BUY MY SIG - 50$/Year Contact here

05-21-2012, 06:37 AM	#3
Axeman Confirmed User Join Date: Feb 2004 Location: Swamp Posts: 5,201	Looks like the underwriters are making another stand at $35 right now. __________________ XXXRewards - Karups - Boyfun - Jawked. Paying on time since 1997. Contact me at brent [at] xxxrewards.com

05-21-2012, 06:43 AM	#5
Axeman Confirmed User Join Date: Feb 2004 Location: Swamp Posts: 5,201	Looks like the underwriters gave up the $35 floor and made their new mark at $34. Very fast change of strategy there. Must be a ton of pressure on it downward. __________________ XXXRewards - Karups - Boyfun - Jawked. Paying on time since 1997. Contact me at brent [at] xxxrewards.com

05-21-2012, 06:45 AM	#7
HushMoney Confirmed User Industry Role: Join Date: Apr 2005 Location: Hermosa Beach & Miami, FL. Posts: 2,256	gonna be a fun day of viewing it looks like..... __________________ Hushmoney.com Interracialpass Hushpass

05-21-2012, 06:40 AM	#4
ninavain So Fucking Banned Industry Role: Join Date: Jan 2004 Location: Las Vegas Posts: 6,268	The underwriters/banks are propping this stock up..but it will be in free fall this week...it's over guys..Facebook just shit the bed.

05-21-2012, 06:44 AM	#6
EddyTheDog Just Doing My Own Thing Industry Role: Join Date: Jan 2011 Location: London, Spain, New Zealand, GFY - Not Croydon... Posts: 25,106	11% in a few mins - Ouch

05-21-2012, 06:45 AM	#8
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	ouch.... but doubt anyone is surprised... __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

05-21-2012, 06:47 AM	#10
HushMoney Confirmed User Industry Role: Join Date: Apr 2005 Location: Hermosa Beach & Miami, FL. Posts: 2,256	down to 33.00, almost 14% of it's value! __________________ Hushmoney.com Interracialpass Hushpass

05-21-2012, 06:48 AM	#11
sweetcuties Confirmed User Join Date: Feb 2002 Location: Somewhere Posts: 5,859	lol, never bought never will __________________

05-21-2012, 06:56 AM	#13
sperbonzo I'd rather be on my boat. Industry Role: Join Date: May 2003 Location: Miami, FL Posts: 9,748	There is no way I would have bought at 100x earnings. APPLE sells at 15x earnings and they actually have a change to really increase revenues, but FB doesn't. Major advertisers pulling out due to lack of ROI, china not allowing it, bad geo location on the ad-serving.... I can't believe anyone bought this... . __________________ Michael Sperber / Acella Financial LLC/ Online Payment Processing [email protected] / http://Acellafinancial.com/ ICQ 177961090 / Tel +1 909 NET BILL / Skype msperber

05-21-2012, 07:01 AM	#14
BIGTYMER Junior Achiever Industry Role: Join Date: Nov 2004 Location: Walled Garden Posts: 17,066	Stocks dropping like a lead weight..

05-21-2012, 07:14 AM	#15
Deputy Chief Command Deputy Chief Command Industry Role: Join Date: Nov 2005 Posts: 4,482	$20 by end of the week? now that would be good laugh __________________

05-21-2012, 07:15 AM	#16
Tom_PM Porn Meister Industry Role: Join Date: Feb 2005 Posts: 16,443	It proves the old addage that shit happens. __________________ 43-922-863 Shut up and play your guitar.

05-21-2012, 07:19 AM	#17
brassmonkey Pay It Forward Industry Role: Join Date: Sep 2005 Location: Yo Mama House Posts: 77,232	their still rich __________________ TRUMP 2025 KEKAW!!! - The Laken Riley Act Is Law! DACA ENDED - SUPPORT AZ HCR 2060 52R - email: brassballz-at-techie.com

05-21-2012, 07:59 AM	#19
Nicky Confirmed User Industry Role: Join Date: Mar 2003 Location: Sweden Posts: 30,069	Wouldn't touch that stock with a pole. Some of my friends bought and I told them to wait a few weeks to see where It settles but oh no they were gonna make a fast 20-30% profit __________________ gfynicky @ gmail.com

05-21-2012, 08:03 AM	#20
ruff I have a plan B Industry Role: Join Date: Aug 2004 Location: Seattle - Miami - St Kitts Posts: 5,501	The big boys are selling short. As usual. __________________ CryptoFeeds

05-21-2012, 08:08 AM	#21
BIGTYMER Junior Achiever Industry Role: Join Date: Nov 2004 Location: Walled Garden Posts: 17,066	http://seekingalpha.com/article/6050...rm?source=cnbc

05-21-2012, 08:33 AM	#23
Harmon ( ͡ʘ╭͜ʖ╮͡ʘ) Industry Role: Join Date: Mar 2004 Posts: 20,010	It will bounce back and forth before Friday. You will see chunks go, then bought up. I say at about $29 and then jump back to around $39. Maybe a rally before Friday, dependent on whatever the hell happens in the news with the rest of the stock market. I honestly think it's just too early too see it tank off the deep end. People may be skeptical, but still intrigued. I predict a ton more public appearances by Zuckerberg, attempting to instill confidence into the investor. __________________ [email protected]

05-21-2012, 08:47 AM	#26
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	$ 33.678 -11.91% __________________ BUY MY SIG - 50$/Year Contact here

05-21-2012, 08:53 AM	#31
Sly Let's do some business! Industry Role: Join Date: Sep 2004 Location: Austin, TX Posts: 31,327	I don't know anything about stocks, but it seems that every time there is a new Internet stock it totally crashes. What is the last new Internet stock that went well? __________________ Vacares - Web Hosting, Domains, O365, Security & More - Paxum and BTC Accepted Windows VPS now available Great for TSS, Nifty Stats, remote work, virtual assistants, etc. Click here for more details.

05-21-2012, 08:53 AM	#32
nextri Confirmed User Industry Role: Join Date: May 2004 Location: Norway Posts: 1,661	facebook is the new FFN... __________________ DivaTraffic - Traffic for Models

05-21-2012, 09:10 AM	#33
Timsb Confirmed User Industry Role: Join Date: May 2012 Location: Gainesville, Florida Posts: 136	Poor FB at 33.71 __________________

05-21-2012, 09:14 AM	#35
Emma Confirmed User Join Date: Apr 2003 Location: England Posts: 2,288	Being rich is so much better than being not rich __________________ $250 welcome bonus!

05-21-2012, 09:18 AM	#36
Tom_PM Porn Meister Industry Role: Join Date: Feb 2005 Posts: 16,443	Bought some stock back in the 90's at about $26. It split about 6 yrs later. Today it's only around $4.50. These things can happen sooner or later. __________________ 43-922-863 Shut up and play your guitar.

05-21-2012, 12:57 PM	#39
djroof JuicyDevils.gr Owner Industry Role: Join Date: Jan 2004 Location: Greece Posts: 25,398	cool biz :P

05-21-2012, 01:24 PM	#40
$5 submissions I help you SUCCEED Industry Role: Join Date: Nov 2003 Location: The Pearl of the Orient Seas Posts: 32,195	Some analysts' target price for that stock is $30 Personally, I think it is more around $10. A 100 P/E ratio at $38 is just WAY WAY too overpriced Considering that the EU problems in Spain, Italy, and Ireland (Greece is too far gone) will probably ROCK the stock market soon. Also, China is slowing down. The world's in for a rough ride for the second half of this year and FUCKING AROUND with FB stock is the least of its worries. __________________ Need a NON-ADULT income stream? We build your YOUTUBE CHANNEL for only $20 per video! For Hire: $3/hour or $400 per month Marketing Specialist Virtual Assistants

05-21-2012, 06:54 PM	#42
epitome So Fucking Lame Industry Role: Join Date: Jun 2009 Location: St. Petersburg, FL Posts: 12,156	LOL at the people that say it or the company will crash. While $38 was aggressive, FB isn't going anywhere. In 2010 they had $2 billing EBITA and a $600 million profit (these numbers may be a little off, but close enough) In 2011 that jumped to $3.7 billion and $1 billion in profits So in one year they almost doubled their revenue and profit. Keep in mind, their user base was tapping out at that point. They got good at growing revenue and profit. Their credits system also has nowhere to go but up. 2010 saw $106 million while 2011 jumped to $557 million. Zuck knows he has to make mobile work. They've done zero to monetize mobile despite it becoming a huge part of their traffic. They will now focus on mobile ... and we all know how lucrative mobile can be. You're supposed to invest in the stock market for long term. You cannot judge a company by what it stock does from day one to day two. The richest men in the world take long positions in everything for a reason. There are plenty of investors that aren't sweating right now because they see long term value. The people that view the stock market as short-term gambling are the one's that are sweating.

05-21-2012, 09:34 PM	#43
SomeCreep :glugglug Join Date: Mar 2003 Location: Where the Wild Things Are Posts: 26,118	FB is going to $20 within a year. __________________ Webair Hosting I use and recommend Webair for hosting.

05-21-2012, 09:51 PM	#44
FlowerKid Confirmed User Join Date: Sep 2005 Location: Zurich Posts: 1,045	FB is just a bubble it will be worth a shit in the long run. __________________

05-22-2012, 03:39 AM	#45
AsianDivaGirlsWebDude Purveyor, Fine Asian Porn Industry Role: Join Date: Jul 2004 Location: San Francisco Bay Area Posts: 38,323	ADG __________________ Asian Diva Girls - Exclusive Photos and Videos Asian Diva Girls Affiliate Program (50% ccBill Revshare)

05-22-2012, 06:24 AM	#46
ilnjscb Confirmed User Industry Role: Join Date: Jun 2009 Posts: 8,870	Pre-trade is 32.77 lets see which way it goes. I'm sure the underwriters will prop it to avoid suits.

05-22-2012, 06:35 AM	#47
DateDoc Outside looking in. Industry Role: Join Date: Feb 2005 Location: To Hell You Ride Posts: 14,243	Looks like they are letting it go - $31.10 now. __________________

05-22-2012, 06:45 AM	#48
DateDoc Outside looking in. Industry Role: Join Date: Feb 2005 Location: To Hell You Ride Posts: 14,243	Back over $32. Some serious buying going on. __________________

05-22-2012, 06:49 AM	#49
Evil Chris OG Industry Role: Join Date: Dec 2001 Location: 3rd from the Sun Posts: 13,233	People haven't learned from when the dot com bubble burst? Just send me your money instead. __________________ It PAYZE to post on GFY chris at payze.com \| Skype chriswrp