Facebook stock down by 50% in 3 months since IPO

[bettilimbroke999]

Geez....slightly overvalued?

[Brock Landers]

Check out groupon....

[brooks85]

I loved the story by Bloomberg on the Fertitta brothers(UFC and station casinos). They had a chance to buy facebook stock early and turned it down.

[playersonly69]

Not really that much of a suprise.



I mean the stock was soo high when it opened that it had limits on high much higher that it could go. The only to go was down

[PickWinnerAllDay]

what

[wantitall4moi]

wait til next month when the guys who havent been able to sell yet dump that toilet paper. I thought it might go to 12 but all signs point to it at single digits at this point.

It just shows how corrupt the whole market system is and why no one ever got 'rich' actually working, the only way you make mega amounts of money is conning a lot of people out of their money that they actually did work for.

[bettilimbroke999]

Not really that much of a suprise.



I mean the stock was soo high when it opened that it had limits on high much higher that it could go. The only to go was down

Dont tell that to Apple at fuckin 648 a share

[PickWinnerAllDay]

Dont tell that to Apple at fuckin 648 a share

Price of the stock is meaningless without considering how many shares.

[Shafted69]

PE is still waaaaay too high on FB

[bettilimbroke999]

wait til next month when the guys who havent been able to sell yet dump that toilet paper. I thought it might go to 12 but all signs point to it at single digits at this point.

It just shows how corrupt the whole market system is and why no one ever got 'rich' actually working, the only way you make mega amounts of money is conning a lot of people out of their money that they actually did work for.

No one ever got rich working, they either get rich by ripping off their employees with horrendous wages and selling their work for a fortune, by buying something for a buck and selling it for 5 or by flat out stealing from others...work is just for the suckers.

Online bookies are a prime example, they make a nickel on every dollar bet in the long run and ask you to pay a fortune in "withdrawal fees" if you ever luck out and overcome their huge advantage and win...of course the 1% that can beat them are quickly shown the door...now THATS how you get rich

[lump]

got screwed on fb - bought day 1. yes, i know, i'm an idiot. really want to sell but hate to take the loss. any suggestions?

[bettilimbroke999]

got screwed on fb - bought day 1. yes, i know, i'm an idiot. really want to sell but hate to take the loss. any suggestions?

That money is long gone...you bought about the most overvalued IPO in history cut your losses punch the wall and GTFO

[paranoyd androyd]

got screwed on fb - bought day 1. yes, i know, i'm an idiot. really want to sell but hate to take the loss. any suggestions?

how deep are you in, as in % of your portfolio?

[UntilTheNDofTimE]

Not surprising. About $9 a share seems about right. Their profiting about $1 per user a quarter. That is nothing.

[ACoochy]

In short, those stupid enough 2 buy into a company that had more ppl leaving than joining deserve to lose their fukkin shirts...

[muldoon]

http://finance.yahoo.com/blogs/daily-ticker/facebook-back-shares-top-38-ipo-price-135927224.html

It's been quite a week for Facebook (FB) CEO Mark Zuckerberg. First a better than expected earnings report which led Zuckerberg's personal fortune to jump almost $4 billion in one day. Today, Facebook shares traded above $38 for the first time since the stock began trading in May 2012.

[NYSportsGuy210]

Facebook will hit $50 in about 7-8 months.

[FreeFall]

by adding annoying advertisements in the form of overriding videos for their users?

[UntilTheNDofTimE]

And the give a gift advertisements for birthdays....haha

[NYSportsGuy210]

by adding annoying advertisements in the form of overriding videos for their users?

Pretty much. They have to increase revenues somehow. Otherwise they were on the path to like $12 a share.

[muldoon]

Facebook will hit $50 in about 7-8 months.

Nice call

Facebook, Inc. (FB)

-NasdaqGS <button class="follow-quote follow-quote-follow follow-quote-always-visible" data-flw-quote="FB" style="line-height: 1.22em; color: rgb(153, 153, 153); border: none; outline: none; cursor: pointer; padding: 0px; margin-left: 5px; margin-right: 2px; font-size: 12px; background-repeat: no-repeat no-repeat;"></button> Follow

55.12 0.07(0.13%) 4:00PM EST|After Hours : 55.08 0.04 (0.07%) 7:59PM EST

[jjgold]

Twitter booming too

[Ron_Paul_2012]

Geez....slightly overvalued?

It was a pump & dump scheme. Max Keiser warned all of his audience about it well before the IPO was even offered. Frankly I do not see how anyone could not see this coming. But, then again I don't see how so many people lost 50% of their life savings during the 2007-2008 economic collapse. I guess there are far more uneducated suckers in the world then I can imagine.

[d2bets]

It was a pump & dump scheme. Max Keiser warned all of his audience about it well before the IPO was even offered. Frankly I do not see how anyone could not see this coming. But, then again I don't see how so many people lost 50% of their life savings during the 2007-2008 economic collapse. I guess there are far more uneducated suckers in the world then I can imagine.

Say what!? Facebook is almost 50% up since it's IPO. Max Keiser was wrong. Those who bought and held have been rewarded. I bought under $20 on the early dip. I'm happy.

And people who "lost" 50% of their savings (I think you mean investments) in 2007-2008 have gained it all back and then some if they just did nothing. You're probably the same guy that's been yelling for the last 4-5 years that the market was going to keep doing down and collapse. If you're always calling for collapse you'll be right once in awhile.

[Inkwell77]

It seems to me the demographic of 20-somethings is going further and further away from Facebook and mainly using Twitter/Instagram
Facebook just isn't as "cool" from my understanding

[d2bets]

It seems to me the demographic of 20-somethings is going further and further away from Facebook and mainly using Twitter/Instagram
Facebook just isn't as "cool" from my understanding

I think you're wrong. Facebook has the best platform and business model among those, easily. It's cool to say it's not cool, but still use it.

[brooks85]

FB will be at 60 before long

[Thor4140]

got screwed on fb - bought day 1. yes, i know, i'm an idiot. really want to sell but hate to take the loss. any suggestions?

Nah man u just got played. It is just like professional sports. They pump up a team and everyone plays it and they have crooked players or crooked refs help the bookmakers. Facebook was very popular. The wheeled people in and then stole their money. You see a popular stock like this offered run the other way or short it.

[muldoon]

got screwed on fb - bought day 1. yes, i know, i'm an idiot. really want to sell but hate to take the loss. any suggestions?

FB at $77 now. What price did you get "screwed" on?

[Inkwell77]

Up almost 300% since this thread was made.

Absolutely amazing to me as it seems the site is being used less and less.