Guest FourAces Posted May 19, 2012 Share Posted May 19, 2012 So did anyone buy some shares? I found it, as did many investors, pretty underwhelming. They released way too many shares to create a real buzz. Unlike some other tech giants who went public and really skyrocketed this felt more like a taxi down the runway. Now we will have to go into wait and see mode. Quote Link to comment Share on other sites More sharing options...
Guest EXPAT Posted May 19, 2012 Share Posted May 19, 2012 Worst buy of the year in my opinion. Stay away . . . Stay far away. Quote Link to comment Share on other sites More sharing options...
Guest FourAces Posted May 19, 2012 Share Posted May 19, 2012 Worst buy of the year in my opinion. Stay away . . . Stay far away. Quite a few analyst agree with you. I held off I just do not see this as becoming the next tech windfall for the average investor. Now if Facebook changes their business model then it might have some real value. Quote Link to comment Share on other sites More sharing options...
Members RA1 Posted May 20, 2012 Members Share Posted May 20, 2012 They will have to change their business model to make any money, won't they? And, doing that almost always "annoys" some users if not many. However, I am certainly not a good judge of their possible value because I never have wanted to know minute by minute what anyone else is doing and I am not presently on FB and have no thoughts of "joining". Best regards, RA1 Quote Link to comment Share on other sites More sharing options...
caeron Posted May 20, 2012 Share Posted May 20, 2012 I'm underwhelmed with their business model. I have used facebook for years and have never clicked an ad. I don't think I'm unusual. EDIT: and of course, I forgot to mention that all shares don't have the same voting rights. That's always the kiss of death for me. I'm never buying shares to sit in the back of the bus. Quote Link to comment Share on other sites More sharing options...
Guest EXPAT Posted May 20, 2012 Share Posted May 20, 2012 My concern about the stock is that it was issued at the current height of the company. Usually you want to see growth in an IPO company. Unless they diversify or suddenly develop a way to gain another 300 million users on top of their already 900 million users, I don't see the growth. I think the internet bubbles have already proven that web-based advertising only as a revenue stream is suspect at best. So we'll see what else Zuckerberg comes up with. He did get married the day after the IPO so you never know. . . Quote Link to comment Share on other sites More sharing options...
Guest zipperzone Posted May 20, 2012 Share Posted May 20, 2012 My concern about the stock is that it was issued at the current height of the company. Usually you want to see growth in an IPO company. Unless they diversify or suddenly develop a way to gain another 300 million users on top of their already 900 million users, I don't see the growth. I think the internet bubbles have already proven that web-based advertising only as a revenue stream is suspect at best. So we'll see what else Zuckerberg comes up with. He did get married the day after the IPO so you never know. . . I bet she had to sign the longest pre-nup ever........... Quote Link to comment Share on other sites More sharing options...
Members TampaYankee Posted May 20, 2012 Members Share Posted May 20, 2012 I bet she had to sign the longest pre-nup ever........... Au contraire, it should have been relatively short IMO -- two paragraphs, one for infidelity (very short) and one for irreconcilable differences. Two subparagraphs each: one for kids, the other for money and property - prorated by duration of bliss and capped. After all, one needs to save something for the second and maybe third wives. Quote Link to comment Share on other sites More sharing options...
Members eeyore Posted May 20, 2012 Members Share Posted May 20, 2012 Facebook had to go public. They couldn't figure out the privacy settings either... Quote Link to comment Share on other sites More sharing options...
Guest EXPAT Posted May 20, 2012 Share Posted May 20, 2012 Facebook had to go public. They couldn't figure out the privacy settings either... That's the best Facebook joke I've heard yet. Well done. funny Quote Link to comment Share on other sites More sharing options...
Guest FourAces Posted May 20, 2012 Share Posted May 20, 2012 That's the best Facebook joke I've heard yet. Well done. funny probably the real reason. Quote Link to comment Share on other sites More sharing options...
Guest hitoallusa Posted May 23, 2012 Share Posted May 23, 2012 It fell again... But a selected few already made money again. It is likely the very info on who earned profits in this IPO is also held and traded by a few for analysis. So does an ordinary investor has any chance in all this? Quote Link to comment Share on other sites More sharing options...
Guest EXPAT Posted May 23, 2012 Share Posted May 23, 2012 I wouldn't touch it until it hits $10 or lower. It is so over priced and overhyped. Quote Link to comment Share on other sites More sharing options...
