Can Facebook become the biggest company in the world?
Everyone's talking about the Facebook (FB) IPO so we might as well talk about it here.
Who's going to jump in and buy at the opening bell?
I know that it sounds foolish but I'm seriously thinking about doing so... Am I going to be a lonely fool or are there other fools out there like me?
MO
MonkeyMeat
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Posts: 1,334
Ran across this article on MarketWatch and thought I'd toss the link in here fwiw, "Facebook IPO's 18 Biggest Risks."
http://247wallst.com/2012/05/15/the-18-big-risks-to-consider-in-the-facebook-ipo/?link=mktw
Just some more food for thought I guess.
http://247wallst.com/2012/05/15/the-18-big-risks-to-consider-in-the-facebook-ipo/?link=mktw
Just some more food for thought I guess.
DA
day trading
Rep: 39,586
Posts: 6,369
Great read - thanks MonkeyMeat!
One of the problems with all those risks is that they are all logic and in a logic world would be valid.
My reckoning is that there isn't going to be much buyer logic around the buying frenzy. This is one of those products that everyone who is a buyer is also a user.
Google users come to the site to get some information to go somewhere else.
Facebook users come to the site to hangout, be entertained, play games, catch up with friends etc.
Bottom line, I don't think Facebook buyers are going to be thinking with their heads at this IPO.
One of the problems with all those risks is that they are all logic and in a logic world would be valid.
My reckoning is that there isn't going to be much buyer logic around the buying frenzy. This is one of those products that everyone who is a buyer is also a user.
Google users come to the site to get some information to go somewhere else.
Facebook users come to the site to hangout, be entertained, play games, catch up with friends etc.
Bottom line, I don't think Facebook buyers are going to be thinking with their heads at this IPO.
MY
myptofvu
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Posts: 666
Originally posted by day trading
Am I going to be a lonely fool or are there other fools out there like me?
I am sure there are other fools out there like you. However I'm not sure if they're lonely.
Might I suggest a Dating service such as E-Harmony or Match.com
Chin up, I'm sure you'll find someone soon
MO
MonkeyMeat
Rep: 12,738
Posts: 1,334
Trade of the day: When FB traded down to 38.00 (the official IPO price), expect it to be propped up by underwriter(s) and bid a penny or fraction above 38 for a move back up. And no, I didn't take the trade - bleh.
DA
day trading
Rep: 39,586
Posts: 6,369
Here are a few witty tweets about Facebook's IPO today that I found amusing:
Why is Facebook going public? They couldn't figure out the privacy settings either.
by @edrabbit
Reminder: today marks the last day you can buy a house in the Valley without having to rob a bank or start Instagram.
by @levie
At $38 per share, I'm going to totally start sharing on Facebook more
by @rsarver
Why is Facebook going public? They couldn't figure out the privacy settings either.
by @edrabbit
Reminder: today marks the last day you can buy a house in the Valley without having to rob a bank or start Instagram.
by @levie
At $38 per share, I'm going to totally start sharing on Facebook more
by @rsarver
