What's everybody's opinion on the upcoming Facebook IPO?
05-12-2012, 06:26 PM
#1
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My Ride: 2006 525XI, Jet black on Dakota beige. Premium and winter packages. I consider myself a purist and intend to keep my car absolutely stock and shiny.
2008 328I Convertible, Sapphire black on beige interior. Premium package, NAV, iPod adapter.
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Thinking of dropping a small amount into their stock ($5-10K). What does everybody think? Worth it?
05-12-2012, 07:36 PM
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Not my cup of tea. Don't use the service so can't really comment on it but always seems to be a better model coming along in the internet world.
Having said that, if you can get in on the IPO I'm sure the offering will generate excitement and move up so worth a shot with some play money.
Having said that, if you can get in on the IPO I'm sure the offering will generate excitement and move up so worth a shot with some play money.
05-13-2012, 07:10 AM
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Too risky, its straight gambling, you have no idea what the IPO will do on open. How is facebook going to continue revenue growth? The operating cost profit is 1.7bn, and they are talking a 90bn market cap, 70x ebitda doesn't seem like a good buy. The chance of making money will be with the hype I guess.
05-14-2012, 03:01 AM
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I don't like how Mark has already starting playing with his new cashpile before it has even arrived, wasting a billion on Instagram that even with the most optimistic of valuations was worth a tenth of that price (and even 100 mill seems ridiculous). It's a company with an app that uploads pics from your camera to a website, with some novelty image alterations for fuck's sake. What else is he going to waste money on? I can't help feeling that they're very close to peaking on the membership and/or peaking on the time spent on the site. When either of those start to drop, it'll make headlines that can go straight to the stock price under fears of another myspace.
Saying all that, I'm a facebook user and don't hate it at all. But there's no way I'd risk my money investing in it. It may well do brilliantly well.
Things like this don't exactly help.
Saying all that, I'm a facebook user and don't hate it at all. But there's no way I'd risk my money investing in it. It may well do brilliantly well.
Things like this don't exactly help.
05-16-2012, 07:32 PM
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If their stock is anything like groupon where the stock is less then 1/2 of what it started at, then going to stay away til it stables out for now.
05-17-2012, 01:38 PM
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$38 a share - not for me.
05-17-2012, 07:13 PM
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I don't like how Mark has already starting playing with his new cashpile before it has even arrived, wasting a billion on Instagram that even with the most optimistic of valuations was worth a tenth of that price (and even 100 mill seems ridiculous). It's a company with an app that uploads pics from your camera to a website, with some novelty image alterations for fuck's sake. What else is he going to waste money on? I can't help feeling that they're very close to peaking on the membership and/or peaking on the time spent on the site. When either of those start to drop, it'll make headlines that can go straight to the stock price under fears of another myspace.
Saying all that, I'm a facebook user and don't hate it at all. But there's no way I'd risk my money investing in it. It may well do brilliantly well.
Things like this don't exactly help.
Saying all that, I'm a facebook user and don't hate it at all. But there's no way I'd risk my money investing in it. It may well do brilliantly well.
Things like this don't exactly help.
05-18-2012, 12:53 PM
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My Ride: My ex-ride: EU '08 LCI 520dA. Space Grey, Sport Seats in Black Leather/Fabric Anthracite, Sport Steering Wheel, A/C with Extended Features, Hi-Fi Speakers, Cup Holders, Cruise with Braking function, Folding Rear Seats, Xenons, Park Distance Control.
05-23-2012, 11:54 AM
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My Ride: My ex-ride: EU '08 LCI 520dA. Space Grey, Sport Seats in Black Leather/Fabric Anthracite, Sport Steering Wheel, A/C with Extended Features, Hi-Fi Speakers, Cup Holders, Cruise with Braking function, Folding Rear Seats, Xenons, Park Distance Control.
$31.1 and lawsuites etc... No a very good start.
05-23-2012, 12:37 PM
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How must Mark's girlfriend (now wife) feel ? He deliberately held off from marrying her until the IPO was complete. What's wrong with that, you might think. Simple. She's not entitled to half of his $19 billion because he got it BEFORE they were married. Should they split up in future, she's got no claim on that. Only on monies earned after they got together.
Pretty nasty if you ask me. She must feel like shit after him doing that. :thumbsdown: :thumbsdown:
Pretty nasty if you ask me. She must feel like shit after him doing that. :thumbsdown: :thumbsdown: