FB - Facebook - Page 5

scary to trade FB today a lot of volume going in up and down

Wow, only at $40.  I was expecting more.

it wont break below...

but HORRIBLE!!

$40's, I expected this.  Well, once the other markets open we might see a big change.
 

 

 

Quote:

$FB opens +10%, $LNKD opened +84%, $GRPN 40%, $RENN 39%, $P 25%, $ZNGA +10%. 6 mos later all were <open (avg -44%) Implies FB $28 in Nov $$

— Adam Johnson (@AJInsight) May 18, 2012

 

It might trend up today. I'm not playing it, but I'm sure a lot of people got spooked at the NASDAQ glitch and are afraid to do anything. Once that fear calms they might start buying.

Quote:

Originally Posted by webChris 

It might trend up today. I'm not playing it, but I'm sure a lot of people got spooked at the NASDAQ glitch and are afraid to do anything. Once that fear calms they might start buying.

I am in @ $40.. And hope your are right 

$38 support being tested now.

GS and MS want to save face and make this look good, they will be absorbing a ton of shares here

Let's see how well it defends $38, there have to be some bids below that.

watching closely.....

trending up

watch the selloff at the close

the EU problems start taking at it

i think we go red

Do I hear the close @ 42 today?

what a horror story

esp zynga halt

so...like zynga is DONE..lol

Quote:

Originally Posted by Bostonlude 


Watching CNBC now! Like Stock Jock E said the underwriters are going to keep the shares at 38.00!
There seems to buying orders and ask orders that are not going through! Buyers don't know what they have! That is why the sharp drop from 42 to 39! No one could buy! Nasdaq is having some issues delivering trade execution messages!

That and several retail brokers are down/glitchy. I haven't been able to place an order since FB opened.

look at GSVC -12%

Zynga - 13%

svvc -20%

Fb looks to brea under i believe

I don't think Google (GOOG) was that high when they first had their IPO....was it? Does anyone even remember where it closed on its first day of trading?

haha going below the open price now. Might be because of this basher article?

The Great Facebook Stock Pump

http://goo.gl/vdliF

Facebook stock IPO date is going public today. They will be listed on the NASDAQ exchange with the symbol FB. Mark Zuckerberg is trying to get top dollar for the public debut of the stock. He's put on a grand dog and pony show to generate excitement in the stock IPO. It all stinks like a big pump and dump.

Facebook's stock valuation is too damn high. The projected market cap is estimated at 100 billion dollars. How much more can a company grow at that valuation? To put this in contrast, when Microsoft (MSFT) debuted their IPO, they put the company at 700M valuation. Microsoft stock had lots of room to grow and it many people made a lot of money.

Bill Gates didn't need to pump his stock like Mark is doing. Bill was busy selling Windows and Microsoft Office. Steve Jobs was busy running his company too. Mark on the other hand has been trying people excited about his company's stock. He even has a special presentation for the IPO. Nice little advert for his silly stock.

Facebook advertisement revenues are ridiculous. GM just announced they were suspending facebook advertising because the adverts were ineffective. The marketing company Greenlight found that over 40% of facebook users never click adverts on Facebook. Google adverts can be shown for less than 5 cents each if nobody outbids you. The cheapest facebook advert is 95 cents. This is insane pricing for a crappy ad with terrible return on investment.

Besides advertising, not many other revenue streams are available. I don't even know where there is a buy now button on the site. I've heard I can add credits to my Farmville game, but what can I buy from facebook besides advertising? As a comparison, Amazon also has a 100 billion dollar market capitalization. They generate 48 billion dollars in annual sales. It's almost a challenge to find a page on Amazon that doesn't have a buy now button.

Facebook going public is the worst thing that can happen to the stock. It will have to face the vicious reality of the stock market. Everything about the stock valuation reeks of a dot com pump. Caveat Emptor, Buyer Beware!

I bet it closes above 45!