[Ghenghis Kahn]

they knew this would happen hence the stock was introduced on friday. alledgedly, the price will correct itself to around $20 or so...

[mh217]

It's just a bad time for the market overall right now...if you can get in on Facebook right now and afford to wait long term, say a year, you will easily triple your money at least....once the European situation is solved and the market gets bullish again this will pop.

[Sam Odom]

as i said... if i had any % of facebook prior to IPO I'd have offered it ALL (sold out) during the IPO and said SEE YA!!

[aceking]

only 1 day , wait for a year and it will be $55 minimum .

[tony_come]

You can't win from mega slots

[elgreco]

as i said... if i had any % of facebook prior to IPO I'd have offered it ALL (sold out) during the IPO and said SEE YA!!

^^^^This

Morgan Stanley was lead left on the deal. If you had an account opened longer than 30 days, you could buy up to 500 shares. Anyone who wasn't an idiot did exactly what you just said. I had a friend in control of 120k+ shares. Sold them all at the open, and then was panicking all day waiting for a trade confirmation that didn't come until after market close. I don't know anyone who held onto their shares considering the silly valuation.

[wantitall4moi]

yeah I knew a few guys who sold as fast as they could, and no one got confirmations. I really thought they had caused that issue on purpose to make sure the whole thing didnt collapse right there. Which is probably the truth but there must have been enough buy orders outstanding to cover all the guys who had shares and were selling as fast as they could. I havent heard of any transactions that didnt go through anyway. Just another scam to put a bunch of money in the pockets of the guys who got in early and knew enough to get o ut as well.

Thats why I always laugh at these initial opening. Complete scam.

[thechaoz]

Fb always getting me in trouble with broads... Even walking with max privacy

[d2bets]

they knew this would happen hence the stock was introduced on friday. alledgedly, the price will correct itself to around $20 or so...

I doubt it falls that far. I will look to buy if it falls much below $30.

[neverstoppers23]

when the rich of the rich could get it 1/2 of that yeah theres going to be some correction.

anybody who is trying to buy and sell stocks day by day is going to lose long-term. there is no point in that.
stocks have been one of the safest investments over long periods.
even in the worst 30 year periods, the interest rate you are going to earn on a well diversed portfolio is around 12 percent

[PhillyFlyers]

Facebook Continues To Plunge

Facebook's shares hit a low of $30.98 on Tuesday, 8.9 percent below Monday's close, and a loss of 18 percent from their $38 IPO price. At the low, the stock had lost 30 percent from an intraday high of $45 hit shortly after trading started on Friday.

http://www.cnbc.com/id/47518817

[greenhippo]

Currently at 7% down on the day

[wantitall4moi]

story about how the underwriters changed their expectations but only told 'important' clients of the downgrade. Once again showing the stock market is more crooked than sports gambling any day of the week, and why the privileged continue to rape the 'regular' guy.

[ParlayininHTown]

96.57684385867% of human beings are morons why is this suprising?

I thought that percentage would be higher. Then again, I am a moron.

[greenhippo]

I thought that percentage would be higher. Then again, I am a moron.

Assuming Htown= Houston. No way you're a moron in my book, unless you live in the Conroe area.

[marcojuiceman]

Facebook makes tons of Advertising I can vouch for that

[KingJD31]

might bbuy them in couple weeks could get some good value

[greenhippo]

Wouldn't touch that thing with a 10 foot pole until it reaches at least $25,. FB isn't a stock I would ever think about holding long term, in 2 years we might not even remember what facebook is. Short term stock if I've ever seen one.

[Pew Pew]

31.25 -2.78‎ (-8.17%‎)

99% on suicide watch

[Waterstpub87]

might bbuy them in couple weeks could get some good value

What PE ratio would be good value for a company that doesn't have a dependable revenue stream? I wouldn't touch them with a ten foot pole at 5$ a share. Buying facebook is complete and utter worthless hype. Even at 10$ per share you are still getting a 26 or so PE. The hype is already going away. Facebook will be a 5-10$ stock for years.

[elgreco]

I think that's a little extreme, Waterstpub87. Considering they are sitting on about a buck fifty per share in cash, I'd def be a buyer at $5 .

[milwaukee mike]

I think that's a little extreme, Waterstpub87. Considering they are sitting on about a buck fifty per share in cash, I'd def be a buyer at $5 .

yeah $1.50 in cash, no debt, and expected 2012 earnings of .50/share

so stick a 30 p/e + the cash and the stock has a bottom (worst case imho) of $16.50

anything in the low 20s would be a great entry point, might get there and might not.

[SBR_John]

I think that's a little extreme, Waterstpub87. Considering they are sitting on about a buck fifty per share in cash, I'd def be a buyer at $5 .

They probably earn $.75 to $.95 next year. They have a top 30 brand and a better than Amazon story to justify a multiple of 30 to 40. I could see the stock as low as $21 and as high as $40 over the next 6 months. Google, AMZN and MA are far better investments imo.

[flyingillini]

TASE was up yesterday. Tons of money to be made. Screw the NYSE.

[Waterstpub87]

I know what you guys are saying, I just don't see it. Where is new revenue going to come from? They could set up a payment service type thing, or some other gimmick. There is no hard source of revenue. I'd prefer to bet my money on something I think is less of a fad. You don't have direct access to the cash. Your buying the discounted value of future dividends or capital gains. I just don't see Facebook justifying any sort of meaningful share price. How many new people can get on Facebook, and what is the chance that something new comes along. I don't see much upside, so I would be a buyer.

[Dutch]

...if you can get in on Facebook right now and afford to wait long term, say a year, you will easily triple your money at least...

No way it triples.

But I'm a buyer at $24 and then a seller at $34...And then a buyer again at $24 and then............

[Tully Mars 63]

Companies like Amazon and Apple they have products they sell. In Facebook the users are the product. Completely different business model. I'd never buy but it might do better then I think, which is pretty bad. Myself I stick to a few blue chips for long term and a couple pharms now and then for a quick buy and sell.

[d2bets]

Companies like Amazon and Apple they have products they sell. In Facebook the users are the product. Completely different business model. I'd never buy but it might do better then I think, which is pretty bad. Myself I stick to a few blue chips for long term and a couple pharms now and then for a quick buy and sell.

Does Google have products they sell?

[k13]

Does Google have products they sell?

Yes.

[Tully Mars 63]

Does Google have products they sell?

Gee, I don't know. You could always google "shop google" and find out.

[k13]

http://www.wordstream.com/articles/f...isplay-network

[alling]

Today close 31.00, PE=71.59, Forward PE=46.97, Industry PE=28.7=> Fair value 18.94/share

[andywend]

What a fraud stock.People already gettin buried.

Buying an IPO has risks just like investing in any stock. I remember reading posts from "little guys" bragging about how they were allotted 500 shares of Facebook at the IPO price of $38 and were talking about how their money was going to double in the first trading session.

I tried telling everyone here that this would happen. Many people got fleeced at the hands of the 1%

When the stock market goes up, idiots like EmilyHaines complain that the "fat cats" are getting richer. When the stock market goes down, its people getting fleeced at the hands of the 1%.

Once the Emily's of the world start buying stocks, you know its time to start selling.

If you're unable to accept financial losses, then you shouldn't be investing in the stock market or doing any kind of gambling. However, when other people risk their money and earn great wealth, DON'T COMPLAIN about how unfair everything is.

[wantitall4moi]

best lesson people can take from this is bookies still always win. underwriters and brokerage houses are making a killing off the volume this stock has done while guys gambling on what it will do have more than likely lost their asses, other than the guys who got in on the ground level and sold sold sold. Akin to how originators who get the 'best' price and then trade off make their money.

[brooks85]

anyone else deactivate their FB account for good when the IPO came out?