Who is in? I think that I will sit this one out. Sounds like a crowded trade waiting to happen. I work with one of the big exchanges and they are concerned about a surge in market activity on friday. That’s how big this is. I would think we are going to get an incredible spike in the first 10 minutes. I wouldn’t doubt it if you had trouble getting into your personal trading account. From what I hear, they are already pushing a 100B market cap. That’s pretty high for a company that only makes 1B in revenue right now. I don’t doubt that they will be a 100B dollar company one day, but the question is, what will happen on IPO day? I’m thinking it’s a suckers game, but who knows, maybe enough suckers will play to keep the ball rolling for a bit…
Just to compare, AMZN has a P/E of 185 which is rediculous, but they seem to keep going up. If you bought YELP or GROUPON on the IPO day, then you lost a good chunk of change. GOOG and BIDU are around 22-23 P/E and Microsoft is around P/E of 11.
Going to wait for the hoopla to die down and then shorting it.
The only thing Facebook has is the potential ability to convince suckers to give up more of their personal info.
Of course if stock markets go bellyup along with negative returns on gov’t bonds and crashing gold/oil. Then ole Ben will step in and prop things, including Facebook.
I don’t have enough money to play in this game.
But I think it is a suckers game. It will spike, those that got in on the 1st 5-10 minutes will dump it soon after making tons of cash. Then the stock will come back down leaving tons of people holding the bag.
Fishb8 (Fish Bait)
23 Sea Hunt “My Last Boat V”
If you can’t stand behind our soldiers, try standing in front of them.
I think soup said it best, short it after the initial hoopla…I also do not see how FB can continue to grow revenues even at the rate they are right now…it will continue to grow its user base, but how many of you ever do anything on FB other than catch up with your friends and snoop around other’s photo albums?
Bonzo, don’t sell them short (no pun intended). They have the most important thing you can have in the internet world - a user base. They WILL find a way to monetize it eventually. They WILL be worth 100 billion dollars one day. I just don’t think that they are there yet. They don’t seem to be slowing down. I think that in the next 5-10 years, most websites (like CF.com) won’t even have their own login any more. You will probably log in using your facebook account. Things like that, devices, etc. They are about to inherit a large sum of cash from the IPO, so I’m guessing that they have a plan to use it. I just think that on IPO day, people are going to pay way too much money for it.
They beter figure out a way to actually start making movey. Their net revenue last qtr was 200 million.
They will. They have the infrastructure in place to do it. They are the real deal. I think that Groupon and Yelp are garbage stocks, but Facebook will be the next Google. It's just a question if you are paying too much on IPO day. I would eventually like to own some FB, but I will wait for the hype to die down.
Wow definitely some weirdness going on. What the heck. I just grabbed 100 shares at $39. Never anticipated anything but a spike up to 70 so I will take a gamble.
Wow definitely some weirdness going on. What the heck. I just grabbed 100 shares at $39. Never anticipated anything but a spike up to 70 so I will take a gamble.
quote:Bonzo, don't sell them short (no pun intended). They have the most important thing you can have in the internet world - a user base. They WILL find a way to monetize it eventually. They WILL be worth 100 billion dollars one day. I just don't think that they are there yet. They don't seem to be slowing down. I think that in the next 5-10 years, most websites (like CF.com) won't even have their own login any more. You will probably log in using your facebook account. Things like that, devices, etc. They are about to inherit a large sum of cash from the IPO, so I'm guessing that they have a plan to use it. I just think that on IPO day, people are going to pay way too much money for it.
quote:Originally posted by skinneej
quote:Originally posted by Redstripe
They beter figure out a way to actually start making movey. Their net revenue last qtr was 200 million.
They will. They have the infrastructure in place to do it. They are the real deal. I think that Groupon and Yelp are garbage stocks, but Facebook will be the next Google. It's just a question if you are paying too much on IPO day. I would eventually like to own some FB, but I will wait for the hype to die down.
Safekeeping.
I’m starting to think you’ve been out too long in that South Florida sun Skinnee. Remember Myspace? Social media is fickle.
Zuckerburg didn’t even come to NYC to ring the bell. He thinks the world revolves around
If you can’t stand behind our soldiers, try standing in front of them.
Not worried about it one bit. This is one that I want to hold onto for a decade or so. At $33, their forward P/E is about 50x earnings. That sounds silly until you compare them to guys like LNKD (600+ P/E) and AMZN (180+ P/E). All FB has to do is boost earnings to 3.5 Billion or so and that would give them a P/E of around 20. See where I am going with this?
myspace lost out to Facebook, but FB doesn’t seem to be losing any steam. They are closing in on 1 billion users. Think about that. That’s 1 out of every 6 people on the planet.
I can’t imagine that with 16B in their coffers from the IPO that they couldn’t figure out how to monetize 900 million users over the next few years.
It’s not about the adds. I think that you will see something new come out of FB in the next couple of years. It could be major deals with phone companies, service providers, etc.
Zuckerburg didn’t even come to NYC to ring the bell.
this amazed me beyond words.
He didn't care for the company to go public anyway. Steve Jobs was a lot like that. He couldn't give a squat about public investors. People who owned Apple for the past 5-10 years didn't do so bad though.
quote:Bonzo, don't sell them short (no pun intended). They have the most important thing you can have in the internet world - a user base. They WILL find a way to monetize it eventually. They WILL be worth 100 billion dollars one day. I just don't think that they are there yet. They don't seem to be slowing down. I think that in the next 5-10 years, most websites (like CF.com) won't even have their own login any more. You will probably log in using your facebook account. Things like that, devices, etc. They are about to inherit a large sum of cash from the IPO, so I'm guessing that they have a plan to use it. I just think that on IPO day, people are going to pay way too much money for it.
quote:Originally posted by skinneej
quote:Originally posted by Redstripe
They beter figure out a way to actually start making movey. Their net revenue last qtr was 200 million.
They will. They have the infrastructure in place to do it. They are the real deal. I think that Groupon and Yelp are garbage stocks, but Facebook will be the next Google. It's just a question if you are paying too much on IPO day. I would eventually like to own some FB, but I will wait for the hype to die down.
