FB prices at $28 to $35 per share - Page 2

if a sorry ass stock like LNKD can break $100, it should be no problem for facebook ....just my 2 cents...

So how exactly does it work on eTrade?

I want to get in on some shares at 28-35 and flip them that day for a profit.

If it doesn't bounce up to what I want it to I'll just hold on...but how do you do that through eTrade?

It says I'm ineligible to participate.

I filled the profile out and everything...how do I become eligible?

Quote:

Originally Posted by johndoejohndoes 

It says I'm ineligible to participate.

I filled the profile out and everything...how do I become eligible?

Probably need $200k+ in your account.

Quote:

Originally Posted by johndoejohndoes 

It says I'm ineligible to participate.

I filled the profile out and everything...how do I become eligible?

Don't know how. 

I use Etrade and most IPOs I have to fill out some long questionnaire.  

With FB I just typed in my e-mail and said I was eligible?  

Requested 50 shares for fun! 

GLTA 

Quote:

Originally Posted by OldFart 

if a sorry ass stock like LNKD can break $100, it should be no problem for facebook ....just my 2 cents...

I like that, thats great lol

I don't think you need 200k to become eligible. I participated with nothing near to 200k but offered to purchase 500 shares at 50. I think they just pick the larger investors. what does everybody think?

Quote:

Originally Posted by iron883 

I don't think you need 200k to become eligible. I participated with nothing near to 200k but offered to purchase 500 shares at 50. I think they just pick the larger investors. what does everybody think?

Maybe they have a little lottery going.

johndoe making money in the markets is not easy... take a look at some of the recent IPO's that have been released recently:

YELP, LNKD, GRPN, ZNGA, P, CZR ... and how they have performed the days after the initial offering

i'm not advocating anything, but just pointing out a couple things you might want to consider before making you're decision

Quote:

Originally Posted by johndoejohndoes 

It says I'm ineligible to participate.

I filled the profile out and everything...how do I become eligible?

Looks like the majority of the recent IPO's would have been better played short. 

this one will be interesting to watch-

If I play FB it will be to the short side when and if the timing is right.

there is so much hype around FBs IPO. I wouldnt dare get into these boiling hot waters early- someones bound to get burned-

however, I will be watching closely as I suspect there will be lots of volatility. It should make for some interesting trades

I was looking the prospectus and could not find if buyers of the stock, prior to public sale,

have to hold the stock for a time before they could sell it.  

Anyone know? 

I will be watching as well,I look for it to sell off first or second day, then go up.. IMO .. I will buy some when it settles down,

https://www.etrade.com/rtpublish/images/Facebook_Revised_Prelim_Prospectus_and_FWP.pdf
 

thx for the info iron.

anybody might translating in english please thanks
 

translate what into english?

I skimmed through it, don't really know what I'm readying