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Thread: facebook IPO NOT!

  1. #1
    Featured Member silk55's Avatar
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    Default facebook IPO NOT!

    best website ever lol

    "The point is, ladies and gentlemen, that greed, for lack of a better word, is good. Greed is right. Greed works" -GORDON GECCO

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    God/dess Sophia_Starina's Avatar
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    Default Re: facebook IPO NOT!

    LOL.
    Quote Originally Posted by Jay12 View Post
    ^What Sophia said.
    Quote Originally Posted by yoda57us View Post
    I wish there was an "auto-like" setting that I could just have applied to all of your posts Sophia....

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    Default Re: facebook IPO NOT!

    Awesome!!! LMAO!!!!
    "Where there is love there is life"-Mahatma Gandhi

    "Be The Best, F!ck The Rest"- P.P.


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    Veteran Member UrbanOzz's Avatar
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    Default Re: facebook IPO NOT!

    whoever bought this thing at those prices are nuts. The Valuation is all wrong. i'd consider buying FB at $8- $10 .

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    Banned Melonie's Avatar
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    Default Re: facebook IPO NOT!

    Outside the Dollar Den, I would only point out that the Facebook IPO actually benefitted a relative 'handful' of entities ... from Facebook's 'founders' who saw their stock options turn into real cash, to the state of California who will see huge state capital gains tax revenues from it's Facebook principals, to JP Morgan / Morgan Stanley / Citibank etc. who earned major fees via the stock offering, to 'connected' uber-rich investors who were able to get in on the 'first wave' of IPO shares. Basic 'losers' were pension funds and other institutions who invested in Facebook, non uber-rich retail investors who got in on the 'second wave' of IPO shares, etc. The difference in 'gains' is the same as many previous IPO's ... however the overall 'gains' have now fallen to the point where the latter group experienced a loss.

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    Default Re: facebook IPO NOT!

    Don't leave out the HF traders..... They were making out like bandits in the first hour or so of trading...... What a country.
    The country has been looted.

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    God/dess Zofia's Avatar
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    Default Re: facebook IPO NOT!

    I think the hedge funds that made out best on Facebook were the ones that got the heads up from MS that it was over valued. Although to be honest, the profits just weren't/aren't there to support the share price, and that was obvious before the IPO.

    HTH
    Z

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    Veteran Member Cheo_D's Avatar
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    Default Re: facebook IPO NOT!

    Y'know, one would think people would have learned, but nope.

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    Default Re: facebook IPO NOT!

    How much will it be worth in 5 years when we are comparing Facebooks outmoded software to that of MySpace?

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