What do you think of Facebook?
- Thread starter jesuschrist
- Start date
I believe the song is "Every Breath You Take" by a trio group called The Police.
http://www.huffingtonpost.com/2012/05/18/facebook-ipo-date-may_n_1526827.html
So what do you think of Facebook now? Let's wait until 11:00am (and of course the next year) and we'll all see!
So what do you think of Facebook now? Let's wait until 11:00am (and of course the next year) and we'll all see!
The American Dream
Kudos to the founders, employees, pre-IPO shareholders, and private and institutional investors of Facebook for achieving the American Dream. One of the founders even converted his $ 30,000 savings during the company's incorporation to over $ 3 Billion now. :clap2:
However, after the IPO honeymoon period, reality will finally step in on how Facebook will be able to justify the price of their stock. :nod:
Kudos to the founders, employees, pre-IPO shareholders, and private and institutional investors of Facebook for achieving the American Dream. One of the founders even converted his $ 30,000 savings during the company's incorporation to over $ 3 Billion now. :clap2:
However, after the IPO honeymoon period, reality will finally step in on how Facebook will be able to justify the price of their stock. :nod:
Geez! That was a very short honeymoon. No MSOG even. lol - The recent IPO of FB is now considered this decade's worse. Reminds you of the Tulip Mania of 1673 all over again. For those of you who watched " Money Never Sleeps ", remember that part when Gordon Gekko was talking about the Dutch's Tulip Bubble. i just hope the price of FB shares won't be equivalent to the price of a Tulip soon.
i'm no market guru, but i've been dabbling in stocks all my adult life - and the facebook debacle has ALL the classic signs of a huge insider sell-offGeez! That was a very short honeymoon. No MSOG even. lol - The recent IPO of FB is now considered this decade's worse. Reminds you of the Tulip Mania of 1673 all over again. For those of you who watched " Money Never Sleeps ", remember that part when Gordon Gekko was talking about the Dutch's Tulip Bubble. i just hope the price of FB shares won't be equivalent to the price of a Tulip soon.
all the techies and all the geeks and all the directors and especially golden boy just flogging the shit out of all their free-trading shares... literally dumping them onto the market for whatever they can get with NO regard for the long term shareholders. typical high tech nonsense :nod:
About 13 Milion to 15 Million shares in company INSIDER SELL volume in the last 12 months ( most got it for the price of a dollar per share or less ) and NO company insider buy. :nod:
a rather simplistic look at things says 421M shares at $38 on the open has collapsed to approximately $28 today = $4.21B loss of value in 2 weeks... and all the american newsletter writers complained the old vancouver stock exchange was a crap shoot. the vse was a game of marbles compared to this magnitude of rip-off
FB shares presently doing at 31 something - up from a low of 25. Talk about enticing investors to come in. Personally, I look at it as your last call for alcohol. Last chance to get out before Tulip Mania.
Personally, I look at it as your last call for alcohol. Last chance to get out before Tulip Mania. I hope investors got out the last time. Last week's minimal INSIDER SELL which brought down the stock below 20 is just the tip of the iceberg. Yups! a BILLION more shares to unlock by year end. See ya at 4 bucks.FB shares presently doing at 31 something - up from a low of 25. Talk about enticing investors to come in.
The tool of the devil i tell ya
But I do have a fake fb profile. No way my personal information gets put out on public display for all to see and fb to sell...
But I do have a fake fb profile. No way my personal information gets put out on public display for all to see and fb to sell...
Thiel sale: yet another snub to Facebook investors
By Jeffrey Goldfarb
The folly of investing in Facebook has been put on full display. Peter Thiel, who bet $500,000 (U.S.) on the social network back in 2004, took the first opportunity available following the company’s initial public offering to unload more stock. He sold about 20 million shares, worth about $400-million. The decision cements the idea that Facebook’s IPO was run by and for its early backers. Mr. Thiel’s seat on the board is now a snub to new investors, too.
The $100-billion valuation Facebook initially fetched made geniuses out of the company’s private funders, including Mr. Thiel. He sold more than $600-million of stock in the May flotation. Venture capital firm Accel Partners and Yuri Milner’s DST Global cashed out nearly $4-billion between them. By contrast, after another 4 per cent fall in Facebook’s share price on Tuesday, those who eagerly bought into the IPO are now sitting on shares worth only about half the $38 sale price.
The latest share dump by Mr. Thiel highlights a continuing problem for regular investors. Facebook structured its lockup – a standard provision that prevents insiders from selling too many shares too soon after an IPO – in an unconventional way. A staged approach means almost 1.5 billion more shares, excluding founder Mark Zuckerberg’s, could hit the market over the next nine months. Venture capitalists are generally averse to owning publicly traded stocks, and if Mr. Thiel’s peers are thinking as he does, that’s an overhang that will loom darkly over Facebook’s valuation for a while.
Mr. Thiel’s continuing role as a director, despite his stock sales, is also a reminder of the governance shortcomings at Facebook, where Mr. Zuckerberg has near-absolute control by virtue of his super-voting shares. Mr. Thiel still owns nearly $100-million of Facebook stock, more than most directors at public companies. But few directors have sold 90 per cent of their stakes, either. Mr. Thiel seems to think he and his investors can do better putting most of their money elsewhere at this stage. Newer shareholders might prefer a representative who’s in their corner, even one with little real sway. Keeping Mr. Thiel on the board only rubs their noses in it.
Read more: http://www.theglobeandmail.com/globe-investor/investment-ideas/breaking-views/thiel-sale-yet-another-snub-to-facebook-investors/article4492334/
By Jeffrey Goldfarb
The folly of investing in Facebook has been put on full display. Peter Thiel, who bet $500,000 (U.S.) on the social network back in 2004, took the first opportunity available following the company’s initial public offering to unload more stock. He sold about 20 million shares, worth about $400-million. The decision cements the idea that Facebook’s IPO was run by and for its early backers. Mr. Thiel’s seat on the board is now a snub to new investors, too.
The $100-billion valuation Facebook initially fetched made geniuses out of the company’s private funders, including Mr. Thiel. He sold more than $600-million of stock in the May flotation. Venture capital firm Accel Partners and Yuri Milner’s DST Global cashed out nearly $4-billion between them. By contrast, after another 4 per cent fall in Facebook’s share price on Tuesday, those who eagerly bought into the IPO are now sitting on shares worth only about half the $38 sale price.
The latest share dump by Mr. Thiel highlights a continuing problem for regular investors. Facebook structured its lockup – a standard provision that prevents insiders from selling too many shares too soon after an IPO – in an unconventional way. A staged approach means almost 1.5 billion more shares, excluding founder Mark Zuckerberg’s, could hit the market over the next nine months. Venture capitalists are generally averse to owning publicly traded stocks, and if Mr. Thiel’s peers are thinking as he does, that’s an overhang that will loom darkly over Facebook’s valuation for a while.
Mr. Thiel’s continuing role as a director, despite his stock sales, is also a reminder of the governance shortcomings at Facebook, where Mr. Zuckerberg has near-absolute control by virtue of his super-voting shares. Mr. Thiel still owns nearly $100-million of Facebook stock, more than most directors at public companies. But few directors have sold 90 per cent of their stakes, either. Mr. Thiel seems to think he and his investors can do better putting most of their money elsewhere at this stage. Newer shareholders might prefer a representative who’s in their corner, even one with little real sway. Keeping Mr. Thiel on the board only rubs their noses in it.
Read more: http://www.theglobeandmail.com/globe-investor/investment-ideas/breaking-views/thiel-sale-yet-another-snub-to-facebook-investors/article4492334/
Don't use Facebook, I find it a waste of time.
I know talking on the phone or face to face is old fashioned but I prefer it.
I know talking on the phone or face to face is old fashioned but I prefer it.
I don't use it, but i don't know if i know enough about it to say it's stupid. I did see the movie, though.
And see that some of my 20-something SWs in BKK are into it.
And see that some of my 20-something SWs in BKK are into it.
