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-   -   Anyone buying Facebook stock on Friday? (https://gfy.com/showthread.php?t=1068388)

HandballJim 05-16-2012 07:36 PM

Anyone buying Facebook stock on Friday?
 
Anyone buying Facebook stock on Friday?

I thought about picking up some but will wait to see how it trades, there seems to be some negative articles surfacing the last couple of days.

I did pick up some Zynga (ZNGA) today, it makes the games on Facebook , should be a good play since it accounts for a 11% of Facebooks earnings.

bronco67 05-16-2012 07:37 PM

Another bubble is coming.

BIGTYMER 05-16-2012 07:39 PM

Get in at open and sell at the end of the day.

Easy money.

DBS.US 05-16-2012 07:40 PM

Quote:

Originally Posted by bronco67 (Post 18950524)
Another bubble is coming.

http://www.cavstheblog.com/wp-conten...nk-300x192.jpg

HandballJim 05-16-2012 07:42 PM

Quote:

Originally Posted by BIGTYMER (Post 18950527)
Get in at open and sell at the end of the day.

Easy money.

Buying at that spike might leave you holding the bag at the end of the day.

DBS.US 05-16-2012 07:47 PM

Quote:

Originally Posted by BIGTYMER (Post 18950527)
Get in at open and sell at the end of the day.

Easy money.

That didn't work with Yelp
http://img19.imageshack.us/img19/7642/picture2tui.png

TheSenator 05-16-2012 07:48 PM

Bubbles are good if you know how to capitalize on them.

Bubbles only come by every ten years or so.

Konda 05-16-2012 07:55 PM

Quote:

Facebook's IPO: Do not buy

Facebook's IPO will substantially enrich some bankers, venture capitalists, privileged early investors, and early-stage employees--and that's about it. Thinking about buying some stock for yourself? Don't bother--this IPO is not for you.
http://news.cnet.com/8301-31322_3-57...po-do-not-buy/

sandman! 05-16-2012 07:56 PM

hell noooooooooo

bronco67 05-16-2012 07:58 PM

Quote:

Originally Posted by TheSenator (Post 18950543)
Bubbles are good if you know how to capitalize on them.

Bubbles only come by every ten years or so.

It's been about 10 years since the last one.

BIGTYMER 05-16-2012 07:59 PM

Yeah I may lose my ass but that's my strategy for FB. I will sell early if things go south.

$5 submissions 05-16-2012 08:00 PM

http://i.imgur.com/UiWmC.jpg

HandballJim 05-16-2012 08:16 PM

Quote:

Originally Posted by $5 submissions (Post 18950563)

Here Are 10 Reasons Not to Buy Facebook Before You Buy It Anyway

Fob 05-16-2012 08:26 PM

Let's all buy facebook and start clicking on ads!

AllAboutCams 05-16-2012 09:06 PM

so how do i buy stock

DBS.US 05-16-2012 09:20 PM

Quote:

Originally Posted by xxxupdate (Post 18950652)
so how do i buy stock

Like this :winkwink:
http://www.keyworddensitycheckertool...48c4043acd.jpg

TheSwed 05-16-2012 09:24 PM

They have big problem in Europe because we have laws that that force them to send all information they have about us if we ask for that. All user outside U.S and Canada can get acces to their data.

"According to European data protection law every individual has the right to get a copy of all personal data a company holds about him (right to access). This law is applicable to Facebook too. Every user with a residence outside of the US and Canada has a contract with ?Facebook Ireland Limited?, based in Dublin, Ireland and has a right to access therefore. "

http://europe-v-facebook.org/EN/Get_...our_data_.html

http://www.irishtimes.com/newspaper/...312229260.html

jimmy-3-way 05-16-2012 09:27 PM

Quote:

Originally Posted by HandballJim (Post 18950523)
Anyone buying Facebook stock on Friday?

I thought about picking up some but will wait to see how it trades, there seems to be some negative articles surfacing the last couple of days.

I did pick up some Zynga (ZNGA) today, it makes the games on Facebook , should be a good play since it accounts for a 11% of Facebooks earnings.

Buying? LOL. I'm selling what I have to suckers.

L-Pink 05-16-2012 09:28 PM

Quote:

Originally Posted by TheSwed (Post 18950665)
They have big problem in Europe because we have laws that that force them to send all information they have about us if we ask for that. All user outside U.S and Canada can get acces to their data.

"According to European data protection law every individual has the right to get a copy of all personal data a company holds about him (right to access). This law is applicable to Facebook too. Every user with a residence outside of the US and Canada has a contract with ?Facebook Ireland Limited?, based in Dublin, Ireland and has a right to access therefore. "

http://europe-v-facebook.org/EN/Get_...our_data_.html

http://www.irishtimes.com/newspaper/...312229260.html

Well that's interesting.

.

BIGTYMER 05-16-2012 09:43 PM

Quote:

Originally Posted by xxxupdate (Post 18950652)
so how do i buy stock

tradestation, etrade, etc.

TheSenator 05-16-2012 09:44 PM

Quote:

Originally Posted by L-Pink (Post 18950669)
Well that's interesting.

.

Most Americans will never know.

DBS.US 05-16-2012 09:46 PM

Quote:

Originally Posted by xxxupdate (Post 18950652)
so how do i buy stock

https://www.tradeking.com/ $4.95 a trade:thumbsup

Learn about Limits and stops before you buy anything:2 cents:

Brujah 05-16-2012 09:47 PM

No way it'll be worth anything for very long. GFY investors know best.
https://gfy.com/showthread.php?t=331604

L-Pink 05-16-2012 09:52 PM

Quote:

Originally Posted by TheSenator (Post 18950677)
Most Americans will never know.

Most wouldn't have the attention span to read their own information.

.

DBS.US 05-16-2012 09:57 PM

Quote:

Originally Posted by Brujah (Post 18950680)
No way it'll be worth anything for very long. GFY investors know best.
https://gfy.com/showthread.php?t=331604

Nice one:winkwink:

Captain Kawaii 05-16-2012 09:59 PM

No fricking way...

L-Pink 05-16-2012 10:02 PM

Quote:

Originally Posted by DBS.US (Post 18950691)
Nice one:winkwink:

I went short on google but made it up buying AFF on it's first day. Need any tips just hit me up.

.

pornmasta 05-16-2012 10:03 PM

Quote:

Originally Posted by $5 submissions (Post 18950563)

what he said

Horny Dude 05-16-2012 10:08 PM

The news about GM pulling $10 million in ad revenue wasnt a shocker. Facebook ads are worthless. Bought a few hundred dollars worth and wasn't impressed. I'll stick with Google ads or even Bing/Yahoo ads.

joerudy1988 05-16-2012 10:45 PM

It's way overpriced!

bean-aid 05-16-2012 10:47 PM

It's a loser for sure... prediction... 70% drop in value in 1 week

p.s. I thought the stock came out months ago? I don't do that shit anymore

Paul Markham 05-16-2012 11:37 PM

Quote:

Originally Posted by HandballJim (Post 18950531)
Buying at that spike might leave you holding the bag at the end of the day.

The spike might be in the first hour. :1orglaugh

The news today was they closed taking orders. which worries me if my pension funds bought any. A company can't possible value itself at 100 x it's yearly profit. If they increase it by ten fold next year it will still take years for FB to be worth $100 billion. Likely hood of them growing next year is unknown.

pornmasta 05-16-2012 11:53 PM

i'm waiting that facebook sinks

VenusBlogger 05-17-2012 12:23 AM

The new dot com bubble...

it's the social bookmarking bubble.

Tulip Mania, people in Holland could buy a house for the price of 1 tulip. Overnight, you could get 3 tulips for 1 dollar.

teomaxxx 05-17-2012 01:21 AM

Quote:

Originally Posted by VenusBlogger (Post 18950792)
The new dot com bubble...

it's the social bookmarking bubble.

Tulip Mania, people in Holland could buy a house for the price of 1 tulip. Overnight, you could get 3 tulips for 1 dollar.

last and biggest IPO from this bubble.
GRPN has already failed and is already on their way down

Saltydog 05-17-2012 02:02 AM

I will take a look at the price around 10 or 11 am to avoid the rush and wait for it to settle.

DamianJ 05-17-2012 04:04 AM

Quote:

Originally Posted by Paul Markham (Post 18950766)
A company can't possible value itself at 100 x it's yearly profit.

You really don't have a scooby, do you?

bronco67 05-17-2012 04:18 AM

It's very lucrative to make a site morons can use to look at baby pictures and post drunk office party pictures.

seeandsee 05-17-2012 04:24 AM

FB will sink in future, they are just chat-game-status platform, it will go down once...

pornguy 05-17-2012 04:59 AM

If you have the money to put in at least 20K then it might be worth it. Thing is by the time it opens to the public I see it being in the 60 to 80$ per share range so that the bankers etc can be sure to double or triple the income from what they got at the early opening.

$5 submissions 05-17-2012 05:42 AM

Quote:

Originally Posted by Horny Dude (Post 18950699)
The news about GM pulling $10 million in ad revenue wasnt a shocker. Facebook ads are worthless. Bought a few hundred dollars worth and wasn't impressed. I'll stick with Google ads or even Bing/Yahoo ads.

It's not completely worthless.....
You buy cheap as heck FB traffic for foreign countries then send the traffic to Google paid search http://www.highrevenue.com/business-...itrage-is-dead


It's also helpful for FB apps.

PR_Glen 05-17-2012 06:01 AM

Quote:

Originally Posted by bronco67 (Post 18950555)
It's been about 10 years since the last one.

ahh so internet bubbles come every ten years now? Keep on guessing...

gleem 05-17-2012 06:58 AM

Quote:

Originally Posted by $5 submissions (Post 18951016)
It's not completely worthless.....
You buy cheap as heck FB traffic for foreign countries then send the traffic to Google paid search http://www.highrevenue.com/business-...itrage-is-dead


It's also helpful for FB apps.

Interesting article :thumbsup

extreme 05-17-2012 05:51 PM

http://www.forbes.com/sites/ryanholi...k-advertising/

CYF 05-17-2012 05:59 PM

Quote:

Originally Posted by Horny Dude (Post 18950699)
The news about GM pulling $10 million in ad revenue wasnt a shocker. Facebook ads are worthless. Bought a few hundred dollars worth and wasn't impressed. I'll stick with Google ads or even Bing/Yahoo ads.

yeah I did a couple hundred in FB ads also and it did alright, but the return wasn't what I expected.

My buddy is buying tomorrow but I'm not interested in FB stock.

HandballJim 05-17-2012 07:07 PM

I am surprised they did not promote "own a piece of Facebook" with ads on members pages.

CNBC needs to pick a side they flip flopped all day long saying it was the greatest IPO in history, then they say it will be a bust trading multiple times earnings.

I hope it does well and picks up the whole market with it, I'm looking to get out of a bunch of positions on a big up day.

alias 05-17-2012 07:18 PM

Quote:

Originally Posted by extreme (Post 18952330)

Quote:

What is clear from everyone I know who has advertised on Facebook is that it was a waste of money. Facebook promises big returns on ad spending, but delivers nothing.
Will be interesting to see if he is right.

bigluv 05-17-2012 08:14 PM

Somehow I expected people here to be more on the ball about how it's overvalued and there seems to be a lot of hype, etcetera, but ... I guess its my fault my expectations were too high.

Colmike9 05-17-2012 09:09 PM

Quote:

Originally Posted by Horny Dude (Post 18950699)
The news about GM pulling $10 million in ad revenue wasnt a shocker. Facebook ads are worthless. Bought a few hundred dollars worth and wasn't impressed. I'll stick with Google ads or even Bing/Yahoo ads.

I'm sure that was just bad ad micro management..
Plus, how many people buy cars when surfing on Facebook anyways?..

Nathan 05-18-2012 12:32 AM

There are companies in the tech bubble right now that are worth much more than 100 times current profits. Best example, is LinkedIn... LNKD's P/E is over _700_ ...

It's all future gambling. Or rather, these bubbles are not about multiple, they are about the fact that a ton of people want in. At $38 it's easy to buy a share, or two and be part of it. This is what will drive the price up. Then, when major chunks are sold, we'll see a drop, and after that it will rise again...


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