OFFICIAL Facebook IPO Thread

Will you be purchasing Facebook stock?

  • Total voters
    124
  • Poll closed .
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When my family wanted to buy stock I suggested against it, predicting a quick fall to $18 per share.

I feel bad for all of the peons who lost their shirts, hedging their retirements on "the facebook", a company with very little ACTUAL value.

A bunch of teenage girls posting pictures and typing nonsense isn't worth 100+ billion dollars.
 
It seems they need to find a way to pull a mountain of cash from phones.
What is the % of facebook users on the phone now? What a mess.
 
CCarter said:
1.32 Billion shares will be freed after the Nov 14 lockup.... To put that in perspective, only 271 million shares were freed this time around... The next lock up will free more than 4 times that amount. This shit is a joke... It's like watching a bad movie, and you know the ending. Facebook is going to be in single digits before it every hits $40 again.

Currently with the 271, there is a total of 692 millions shares outstanding... And in nov the will flood it with an additiona 1.32 Billion shares. That a little less than double the current outstanding stocks...

Anybody with a half a brain will tell you that if you increase the supply of a product by 66%, without any signs of increase in demand, the price is going to drop, period. Using logic, people should see at minimum a 33% drop in price the first day, but that's using logic, I doubt that will happen, but things always even out in the end.

On Nov 15, the outstanding shares will go from 692 million to 2.012 BILLION.... This shit is a fiasco... It would be wise to short that stock 2 weeks before that date... Wall Street got greedy on this one, and thought that the average investor is either retarded, or stupid.

Good luck bros.
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Thanks for the summary. Will they be releasing more shares in May 2013?
 
The next wave after Nov 14 in May should bring it to the final 2.74 billion shares outstanding, i still need to vertify the May numbers... But that's only an increase in 730 million new shares, recall currently there is only 692 million shares so yeah, more dilution... This is a joke. Too much supply...
 
The shares were down 6% today I guess mostly because of the new shares.

But won't the market anticipate the other lockups and sell off before they happen? That should be the case imo, which means that over the next few days and weeks the stock should just keep going down now that everybody knows what happens when x amount of shares come out of the lockup.
 
r3p1v said:
The shares were down 6% today I guess mostly because of the new shares.

But won't the market anticipate the other lockups and sell off before they happen? That should be the case imo, which means that over the next few days and weeks the stock should just keep going down now that everybody knows what happens when x amount of shares come out of the lockup.
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Yes, this is correct, the only forsee-able movement is down. Still simply having 271 million shares come online is one thing; Having 1.3 Billion is a whole other level of stupidity. I have to wonder who was in charge of the risk and management aspect of this IPO deal. Not one person said "hey, what if the stock goes down? I mean 100 times P/E might be high. Apple, Google, even Microsoft are all trading below 20 times P/E..."
 
Facebook Lockup Releases:
Aug 15, 2012: 268 million shares, 10% of shares outstanding.
Oct 14: 249 million shares, 9% of shares outstanding.
Nov 13: 1.322 Billion shares, 49% of shares outstanding.
Dec 13: 124 million shares, 5% of shares outstanding.
May 17, 2013: 47 million shares, 2 % of shares outstanding.

Over the next four month, about 70% of facebook's total shares will be eligible for trading. Good luck bros.
 
nbbrad said:
I don't have anything to prove, so I rarely take part in these kinds of threads. I am just glad the people I love didn't lose half of their investment.
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We'll I'm glad too. I was just bustin' your balls a little bit is all.

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Salud.

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The only winners in the FaceBook IPO is the legal industry.

I lost because the whole experience probably shook a generation of day traders, my customer base.

What a fuckup. From MZ's shortsighted greed (he is not much better than Madoff, though I'd like to see Corzine go to jail before Zuckerberg) to Nasdaq's ineptitude to bankers that pushed and sold blocks of FB stock onto now-pissed-off clients.
 
mGrunin said:
So have any of you been following Sprint? The stock has more than doubled since I first suggested it in this thread. On top of that, midday I ended up purchasing a position into it and more than doubled my position in the next 4 hours.

I could go on and on as to why Sprint will continue to rise. So the bottom line, who's currently benefiting from the awesome push?
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Yep. Been in since $2.52. Up over $5.20 now. Pretty crazy.

Definitely looking to hold onto it for a while.
 
Facebook is facing a huge challenge right now between sticking with a long term strategy versus making sacrifices to please its shareholders in the short term.

If Facebook can ignore the critics I believe they have the ability to build some very profitable foundations.

I mean realistically they could: Build a Youtube Competitor, Build a Browser, Build a Real Time Check-In/Advertising platform, Build an Adsense Competitor, Strike deals with Cable Companies.

The possibilities are endless. As much as users bitch they aren't leaving FB.

Americans Think They Are on Facebook Less, Actually on Facebook More - Special Finance Group
 
Haha, anyone saw the gains Apple took today? That's about $50k in my pocket for the day. Looking like a good weekend.
 
I think FB is just going to basically slowly collapse (down to $15 or lower maybe) all next week due to how this lockup went and anticipation of the other ones.
 
r3p1v said:
1.85% = $50k? You must have a huge amount of leverage, be careful bro.
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Hello friend,

Maybe he own around $2.5 million worth in Apple stock with no leverage?

I still think Apple one best company world even if Steve Job dead.

Good luck bro
 
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