SexNavigator
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Post at 22-5-2012 17:43  Profile P.M. 
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Facebook IPO

So, some of you bros must be investing in US stock markets right? Well, who all signed up for the popular Facebook IPO?
Fortunately I didn't. Today's opening will be damn interesting.

And what other stocks do you guys usually invest in?
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SEAJ (***Call me Sean Sweet Swede***)
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Post at 22-5-2012 17:54  Profile P.M. 
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Reply #1 SexNavigator's post

What's so special about today's opening??
The underwriters couldn't even hold it at 36, 35, and even 34 last night!
Its just too big an issue with everybody getting too papered in IMHO.

But I'm curious why you would think that today's opening would be of special interest. Am I missing something/some late developing news?

SEAJ




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SexNavigator
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Post at 22-5-2012 18:11  Profile P.M. 
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Reply #2 SEAJ's post

It almost fell by like 11% yesterday, and one really knows the actual reason for it. And in fact, Morgan Stanley had to step in to stabilize the price yesterday. Otherwise, it would have fallen more that 11%.

It will be interesting to see what does big investing institutions like Fidelity and Vanguard will do today. And I guess today's opening will be really significant for the rest of the week.

If it falls like 10% again today, I might buy some shares for long term.

But of course, this is only my personal opinion.
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SexNavigator
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Post at 22-5-2012 18:15  Profile P.M. 
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But the funny thing is, Mark Zuckerberg gets 13% poorer after getting married.
Read this in an article on the internet.
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SEAJ (***Call me Sean Sweet Swede***)
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Post at 22-5-2012 18:19  Profile P.M. 
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Reply #3 SexNavigator's post

The reason is that there was just too much over-allocation to those who applied for shares - as the offering was just too large. Looking back properly, they probably also over-priced the issue. Individuals and especially institutions got everything Plus Plus what they applied for that they now need to get rid of the excess.

On top of that, there is the question of if they'll ever be able to "monetize" their huge following - especially on Mobile devices - which is basically the only way these days.

Don't ever try to catch a falling star - wait for it to form a bottom before even looking at it and you'd be better off even paying more for it ON THE WAY UP!  

Just IMHO
SEAJ

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SexNavigator   22-5-2012 18:27  Acceptance  +1   That would be a wise thing to do. Will wait for it to stabilize.




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sa14
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Post at 22-5-2012 21:34  Profile P.M. 
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its so routine the guys who strike it rich are able to get it first and get out early (when it hit i think $43 in the first few hours).. but they had to have deep pockets or connections to do it.  i stayed out since all my money goes to my hobby   and the suckers who got in last will be crying now.

as for where i invest my money... well everyone has their own opinion on things.  i suggest you educate yourself instead of taking advice on this board.
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Post at 22-5-2012 21:44  Profile P.M. 
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I'm no stock wizard, but this write up seems to make some sense.

http://news.yahoo.com/facebook-i ... ebut-100712273.html

This part makes a lot of sense to me:

" Facebook's fundamental financial metrics still don't support its current valuation. If Facebook was overvalued at $104 billion, it's still overvalued at $93 billion. Even after Monday's sell-off, Facebook investors are still betting on the hope of steep revenue and earnings growth over the next few years. With $1 billion in profit last year, Facebook still has an extremely high price-to-earnings ratio of 93-to-1. Even if you stipulate strong earnings growth, the company's forward-looking PE ratio is still at least 40-t0-1, by former Wall Street analyst Henry Blodget's most "aggressive" scenario. That makes Facebook still much more expensive, on a forward-looking (2013) basis, than tech juggernauts like Apple (10-to-1) and Google (12-t0-1). Is it any wonder that Apple shares climbed nearly 6% on Monday, as investors chose its relative safety over Facebook? (Google shares climbed 2.3%). "
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SZ650
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Post at 24-5-2012 07:13  Profile P.M. 
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Idiots...thats all I  have to say lol so many people were buying into the hype and especially with their evaluation, I'd rather invest in GOOG or AAPL. Might be better off shorting it soon ;)

I was one of the early buyers of GOOG when it was first released and when FB released their IPO, I had no interest at all...Just take a quick look at Groupon lol
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