Money & Investing Learn how to get rich on the housing bubble and the bull market…

Meta, formerly known as Facebook

Thread Tools
 
Old 05-31-2012, 03:44 PM
  #321  
Team Owner
iTrader: (1)
 
mrsteve's Avatar
 
Join Date: May 2003
Location: Leesburg, Virginia
Age: 41
Posts: 36,474
Received 249 Likes on 175 Posts
For now. I was ready to dump and cut my losses at $25. We'll see. If the first earnings report blows I'll likely dump 'em.
Old 05-31-2012, 04:16 PM
  #322  
Moderator
 
Mizouse's Avatar
 
Join Date: Oct 2004
Location: Not Las Vegas (SF Bay Area)
Age: 39
Posts: 63,171
Received 2,773 Likes on 1,976 Posts
Originally Posted by AZuser
Here's a screen shot of a $25 FB put for you, Miz.

Current price for the FB put contract is $0.70 @ 100 shares, or $70



Your break even price is $25 - $0.70 = $24.30 - your brokerage commission. If FB drops below [$24.30 - your brokerage commission] between now and June 15 (current price is $26.90), anything below that is profit. If it doesn't, you're just out the $70 for the contract.

If you got the contract at the open price of $0.45 (or $0.45 x 100 = $45), then your break even point would have been $25 - $0.45 = $24.55 - commission

Now the question is, will FB drop below that price between now and June 15? It's starting to look that way...
So I can only buy 100 shares? Doesn't seem like much monee could be made.
Old 05-31-2012, 04:17 PM
  #323  
Moderator
 
Mizouse's Avatar
 
Join Date: Oct 2004
Location: Not Las Vegas (SF Bay Area)
Age: 39
Posts: 63,171
Received 2,773 Likes on 1,976 Posts
Or 100 shares per contract? Meaning I can buy multiple contracts?
Old 05-31-2012, 04:46 PM
  #324  
Team Owner
iTrader: (1)
 
mrsteve's Avatar
 
Join Date: May 2003
Location: Leesburg, Virginia
Age: 41
Posts: 36,474
Received 249 Likes on 175 Posts
^ding ding ding!
Old 06-01-2012, 01:05 AM
  #325  
Moderator
 
Mizouse's Avatar
 
Join Date: Oct 2004
Location: Not Las Vegas (SF Bay Area)
Age: 39
Posts: 63,171
Received 2,773 Likes on 1,976 Posts
so?
Old 06-01-2012, 08:11 AM
  #326  
Team Owner
iTrader: (1)
 
mrsteve's Avatar
 
Join Date: May 2003
Location: Leesburg, Virginia
Age: 41
Posts: 36,474
Received 249 Likes on 175 Posts
Markets gonna TANK today.....
Old 06-01-2012, 10:13 AM
  #327  
I got the Shifts
iTrader: (5)
 
phee's Avatar
 
Join Date: Oct 2007
Age: 35
Posts: 14,203
Received 230 Likes on 163 Posts
so how would i do one of these puts in sharebuilder?
Old 06-01-2012, 12:06 PM
  #328  
_
 
AZuser's Avatar
 
Join Date: Nov 2006
Posts: 18,692
Received 3,097 Likes on 1,867 Posts
Originally Posted by phee
so how would i do one of these puts in sharebuilder?
Log in to your account > go to Trade tab > go to Options > enter ticker symbol > decide on what month you want the option to expire, decide on a strike price, see how much put contract is trading for > make sure everything looks good > pull trigger >
The following 2 users liked this post by AZuser:
Mizouse (06-01-2012), phee (06-01-2012)
Old 06-01-2012, 01:07 PM
  #329  
_
 
AZuser's Avatar
 
Join Date: Nov 2006
Posts: 18,692
Received 3,097 Likes on 1,867 Posts
Originally Posted by mrsteve
Markets gonna TANK today.....


Dow: -274.96 (-2.22% )
S&P: -32.00 (-2.44% )
Nasdaq: -77.33 (-2.74%)


Old 06-01-2012, 08:58 PM
  #330  
Old Man Yelling at Clouds
 
1Louder's Avatar
 
Join Date: Apr 2007
Location: Seattle, WA
Age: 56
Posts: 16,973
Received 7,362 Likes on 3,906 Posts
I know this is a tangent, but I was out to dinner with my 16 and 18 year old and Facebook came up. And I quote, "No one uses Facebook much any more - it became anoying because all anyone does is post stupid stuff and stir up drama. Facebook is becoming Myspace. We're all on Tumblr now."

Canary in the coal mine.

Last edited by 1Louder; 06-01-2012 at 09:05 PM.
The following users liked this post:
phee (06-01-2012)
Old 06-01-2012, 10:19 PM
  #331  
I got the Shifts
iTrader: (5)
 
phee's Avatar
 
Join Date: Oct 2007
Age: 35
Posts: 14,203
Received 230 Likes on 163 Posts
twitter is more useful and way leaner.
Old 06-01-2012, 10:30 PM
  #332  
Moderator
 
Mizouse's Avatar
 
Join Date: Oct 2004
Location: Not Las Vegas (SF Bay Area)
Age: 39
Posts: 63,171
Received 2,773 Likes on 1,976 Posts
I like twitter, im following a shit ton of porn stars on there
Old 06-01-2012, 11:06 PM
  #333  
Drifting
 
LaCostaRacer's Avatar
 
Join Date: May 2006
Location: Carlsbad, CA
Age: 63
Posts: 2,498
Received 220 Likes on 180 Posts
Originally Posted by AZuser


Dow: -274.96 (-2.22% )
S&P: -32.00 (-2.44% )
Nasdaq: -77.33 (-2.74%)


What about FB? -$1.87 for day or -6.32% more than double the SP500 at -2.46%. The weekly hit is even more interesting at -13.13%- talking about an unlucky number yikes.

I would love the chance to short a few hundred shares at todays number of 27.73. We be below 20 in a jiffy at the current rate + market dynamics.
Old 06-02-2012, 09:04 AM
  #334  
Drifting
 
Pete2010's Avatar
 
Join Date: Oct 2009
Location: Boston Metro
Age: 43
Posts: 2,761
Received 86 Likes on 66 Posts
Originally Posted by LaCostaRacer
What about FB? -$1.87 for day or -6.32% more than double the SP500 at -2.46%. The weekly hit is even more interesting at -13.13%- talking about an unlucky number yikes.

I would love the chance to short a few hundred shares at todays number of 27.73. We be below 20 in a jiffy at the current rate + market dynamics.
Buy some put options.
Old 06-02-2012, 10:34 AM
  #335  
Drifting
 
LaCostaRacer's Avatar
 
Join Date: May 2006
Location: Carlsbad, CA
Age: 63
Posts: 2,498
Received 220 Likes on 180 Posts
Thanks, I know about puts. I really hate options for shorting because of the limited time period and the premium you pay for them. Sometimes it's hard enough being right on the direction a stock will take and then the option makes you also select the time period which makes things even harder to win and make money. I could be correct in direction, but wrong in predicting the time period by one day and lose my investment which is the premium paid and of coarse the commission.

I simply short the stock and pay my 9.95 commission and wait for it to go down. FB will be one on my hit list. I would hope shorting will be allowed in the next few weeks since the options are now trading.
Old 06-02-2012, 12:21 PM
  #336  
Team Owner
Thread Starter
 
doopstr's Avatar
 
Join Date: Jan 2001
Location: Jersey
Age: 52
Posts: 25,327
Received 2,044 Likes on 1,133 Posts
Originally Posted by 1Louder
I know this is a tangent, but I was out to dinner with my 16 and 18 year old and Facebook came up. And I quote, "No one uses Facebook much any more - it became anoying because all anyone does is post stupid stuff and stir up drama. Facebook is becoming Myspace. We're all on Tumblr now."

Canary in the coal mine.
This is good, My oldest in 10, hopefully FB will be dead by the time she is 13.
Old 06-02-2012, 12:50 PM
  #337  
Moderator
 
Mizouse's Avatar
 
Join Date: Oct 2004
Location: Not Las Vegas (SF Bay Area)
Age: 39
Posts: 63,171
Received 2,773 Likes on 1,976 Posts
You know, the only reason I joined The Facebook was to stalk the girls in my college classes.
I liked it back when people could input what classes they were in and see who else was in that class

Old 06-02-2012, 02:49 PM
  #338  
Drifting
 
Pete2010's Avatar
 
Join Date: Oct 2009
Location: Boston Metro
Age: 43
Posts: 2,761
Received 86 Likes on 66 Posts
Originally Posted by LaCostaRacer
Thanks, I know about puts. I really hate options for shorting because of the limited time period and the premium you pay for them. Sometimes it's hard enough being right on the direction a stock will take and then the option makes you also select the time period which makes things even harder to win and make money. I could be correct in direction, but wrong in predicting the time period by one day and lose my investment which is the premium paid and of coarse the commission.

I simply short the stock and pay my 9.95 commission and wait for it to go down. FB will be one on my hit list. I would hope shorting will be allowed in the next few weeks since the options are now trading.
Ahh - good point - time decay and the premium do come into play.
Old 06-04-2012, 04:18 PM
  #339  
The sizzle in the Steak
 
Moog-Type-S's Avatar
 
Join Date: Nov 2001
Location: Southern California
Posts: 71,436
Received 1,877 Likes on 1,297 Posts
Facebook Will Disappear in 5 to 8 Years: Analyst

Facebook will lose dominance as a major web company in less than a decade, Eric Jackson, founder of Ironfire Capital said Monday on CNBC's Squawk on the Street.

"In five to eight years they are going to disappear in the way that Yahoo has disappeared," Jackson said. "Yahoo is still making money, it's still profitable, still has 13,000 employees working for it, but it's 10 percent of the value that it was at the height of 2000. For all intents and purposes, it's disappeared."

Jackson said there have been three generations of web companies. The first generation was big web portals, such as Yahoo [YHOO 15.01 0.09 (+0.6%) ], where content was aggregated in one place. The second was the social web with Facebook [FB 26.90 -0.82 (-2.96%) ] and the third generation is companies focused entirely on monetizing the mobile platform, something Facebook will continue to struggle with, Jackson said.

"When you look over these three generations, no matter how successful you are in one generation, you don't seem to be able to translate that into success in the second generation, no matter how much money you have in the bank, no matter how many smart PhDs you have working for you," Jackson said. "Look at how Google [GOOG 578.59 7.61 (+1.33%) ] has struggled moving into social, and I think Facebook is going to have the same kind of challenges moving into mobile."

Last month Facebook acknowledged its mobile challenge in a regulatory filing. The company stated that the growing number of mobile users using Facebook is hard to monetize and "may negatively affect our revenue and financial results."

Jackson's comments on the future of the social network come at a time when Facebook's stock is down about 27 percent from its IPO price of $38 a share, making it the biggest two-week loss of any IPO since 1995.

"The world is moving faster, it's getting more competitive, not less, and I think those who are dominant in their prior generation are really going to have a hard time moving into this newer generation," he said. "Facebook can buy a bunch of mobile companies, but they are still a big, fat website and that's different from a mobile app."

http://www.cnbc.com/id/47674474
Old 06-04-2012, 04:41 PM
  #340  
Old Man Yelling at Clouds
 
1Louder's Avatar
 
Join Date: Apr 2007
Location: Seattle, WA
Age: 56
Posts: 16,973
Received 7,362 Likes on 3,906 Posts
^ I have to admit, I don't disagree with any of that.

You can't be very successful if the way you need make money runs counter to the reasons why your site became popular in the first place.
Old 06-04-2012, 04:45 PM
  #341  
Senior Moderator
 
Yumcha's Avatar
 
Join Date: Dec 2001
Posts: 167,204
Received 22,632 Likes on 13,881 Posts
But, the hype!
Old 06-04-2012, 06:18 PM
  #342  
_
 
AZuser's Avatar
 
Join Date: Nov 2006
Posts: 18,692
Received 3,097 Likes on 1,867 Posts
Originally Posted by speedemon90
FB wont be a good buy, not really for this thread but a friend of mine brought up about buying RIM? What do you think? He thinks they've already hit rock bottom for now and the will go up a little bit.
Did your friend buy any shares? Hopefully he was smart and didn't since RIM hit a 52 week low today.

TORONTO (Reuters) - Research In Motion's share price on Monday dropped to less than $10 on Nasdaq, a breach that technical analysts say could spur further declines, after an analyst warned that the BlackBerry maker's sales were dismal last month.

The stock, which is trading at its lowest since 2003, has fallen nearly 15 percent in the past week alone.

After an announcement last week that RIM expects to post a quarterly operating loss, sentiment is extremely bearish on the stock, said Elvis Picardo, a strategist at Global Securities in Vancouver.

To make matters worse, Pacific Crest analyst James Faucette said in a note to clients on Sunday that RIM sales deteriorated further in May.

On Monday, RIM's shares fell 5.8 percent to $9.66 on the Nasdaq, while its Toronto-listed shares closed on Monday 6.1 percent lower at C$10.03.
http://finance.yahoo.com/news/rim-sh...180753475.html
Old 06-05-2012, 11:06 AM
  #343  
Senior Moderator
iTrader: (2)
 
fuzzy02CLS's Avatar
 
Join Date: Jan 2003
Location: South FL
Age: 48
Posts: 16,847
Received 222 Likes on 183 Posts
Stop loss limit people..... Damn....

Who shorted FB when I said too?
Old 06-05-2012, 11:39 AM
  #344  
_
 
AZuser's Avatar
 
Join Date: Nov 2006
Posts: 18,692
Received 3,097 Likes on 1,867 Posts
Facebook comments, ads don't sway most users

Four out of five Facebook Inc users have never bought a product or service as a result of advertising or comments on the social network site, a Reuters/Ipsos poll shows, the latest sign that much more needs to be done to turn its 900 million customer base into advertising dollars.

The online poll also found that 34 percent of Facebook users surveyed were spending less time on the website than six months ago, whereas only 20 percent were spending more.

About 44 percent of respondents said the market debut, seen by investors as troubled, has made them less favorable toward Facebook, according to the survey. In the May 31-June 4 poll of 1,032 Americans, 21 percent said they had no Facebook account.

While the survey did not ask how other forms of advertising affected purchasing behavior, a February study by research firm eMarketer suggested Facebook fared worse than email or direct-mail marketing in terms of influencing consumers' decisions.

Of the 34 percent spending less time on the social network, their chief reason was that the site was "boring," "not relevant" or "not useful". Privacy concerns ranked third.
http://www.reuters.com/article/2012/...85400C20120605
Old 06-05-2012, 02:00 PM
  #345  
Team Owner
Thread Starter
 
doopstr's Avatar
 
Join Date: Jan 2001
Location: Jersey
Age: 52
Posts: 25,327
Received 2,044 Likes on 1,133 Posts
I don't look at the ads, but I do follow some companies hoping that they post coupons.
Old 06-05-2012, 03:25 PM
  #346  
AZ Community Team
 
Legend2TL's Avatar
 
Join Date: Nov 2004
Location: Maryland
Posts: 17,776
Received 4,019 Likes on 2,497 Posts
Originally Posted by Moog-Type-S
Facebook will lose dominance as a major web company in less than a decade, Eric Jackson, founder of Ironfire Capital said Monday on CNBC's Squawk on the Street.

"In five to eight years they are going to disappear in the way that Yahoo has disappeared," Jackson said. "Yahoo is still making money, it's still profitable, still has 13,000 employees working for it, but it's 10 percent of the value that it was at the height of 2000. For all intents and purposes, it's disappeared."

Jackson said there have been three generations of web companies. The first generation was big web portals, such as Yahoo [YHOO 15.01 0.09 (+0.6%) ], where content was aggregated in one place. The second was the social web with Facebook [FB 26.90 -0.82 (-2.96%) ] and the third generation is companies focused entirely on monetizing the mobile platform, something Facebook will continue to struggle with, Jackson said.

"When you look over these three generations, no matter how successful you are in one generation, you don't seem to be able to translate that into success in the second generation, no matter how much money you have in the bank, no matter how many smart PhDs you have working for you," Jackson said. "Look at how Google [GOOG 578.59 7.61 (+1.33%) ] has struggled moving into social, and I think Facebook is going to have the same kind of challenges moving into mobile."

Last month Facebook acknowledged its mobile challenge in a regulatory filing. The company stated that the growing number of mobile users using Facebook is hard to monetize and "may negatively affect our revenue and financial results."

Jackson's comments on the future of the social network come at a time when Facebook's stock is down about 27 percent from its IPO price of $38 a share, making it the biggest two-week loss of any IPO since 1995.

"The world is moving faster, it's getting more competitive, not less, and I think those who are dominant in their prior generation are really going to have a hard time moving into this newer generation," he said. "Facebook can buy a bunch of mobile companies, but they are still a big, fat website and that's different from a mobile app."

http://www.cnbc.com/id/47674474

+1 , Tumblr seems to be growing faster than FB.
Old 06-06-2012, 01:51 AM
  #347  
_
 
AZuser's Avatar
 
Join Date: Nov 2006
Posts: 18,692
Received 3,097 Likes on 1,867 Posts
Uh-oh.

Morgan Stanley, Facebook's lead underwriter, is now lending out the social-networking giant's shares to sell short, sources told CNBC.

Facebook closed below $26 in the regular trading session.
http://www.cnbc.com/id/47693283



FB down to $20 in




A little early in my $25 prediction, but we're there.

Originally Posted by AZuser
I expect it to end the week at $25.

You'd be better off buying puts because this stock is going to tank some more.

Let's see if my $25 June puts pay off. 1.5 weeks to go.

Last edited by AZuser; 06-06-2012 at 01:56 AM.
Old 06-06-2012, 06:03 AM
  #348  
AZ Community Team
 
Legend2TL's Avatar
 
Join Date: Nov 2004
Location: Maryland
Posts: 17,776
Received 4,019 Likes on 2,497 Posts
^ I'm hoping for less than that since I bought September $20 puts
Old 06-07-2012, 06:33 AM
  #349  
AZ Community Team
 
Legend2TL's Avatar
 
Join Date: Nov 2004
Location: Maryland
Posts: 17,776
Received 4,019 Likes on 2,497 Posts
Survey: 1 in 3 Facebook users getting bored with the social network

http://news.yahoo.com/blogs/technolo...050740241.html


Come on $20
Old 06-07-2012, 07:17 PM
  #350  
Team Owner
Thread Starter
 
doopstr's Avatar
 
Join Date: Jan 2001
Location: Jersey
Age: 52
Posts: 25,327
Received 2,044 Likes on 1,133 Posts
It would be more interesting if there were nudez.
Old 06-08-2012, 10:17 AM
  #351  
_
 
AZuser's Avatar
 
Join Date: Nov 2006
Posts: 18,692
Received 3,097 Likes on 1,867 Posts


$27.42 - Up $1.11 (4.22%)
Old 06-08-2012, 10:57 AM
  #352  
Team Owner
iTrader: (1)
 
mrsteve's Avatar
 
Join Date: May 2003
Location: Leesburg, Virginia
Age: 41
Posts: 36,474
Received 249 Likes on 175 Posts
At this point I'm routing for it to climb to 31 in the coming weeks so I can cut my losses at $500.
Old 06-08-2012, 12:36 PM
  #353  
Moderator
 
Mizouse's Avatar
 
Join Date: Oct 2004
Location: Not Las Vegas (SF Bay Area)
Age: 39
Posts: 63,171
Received 2,773 Likes on 1,976 Posts
Old 06-10-2012, 07:14 PM
  #354  
Suzuka Master
 
speedemon90's Avatar
 
Join Date: Jan 2009
Location: SoCal
Age: 33
Posts: 9,012
Received 439 Likes on 322 Posts
Originally Posted by AZuser
Did your friend buy any shares? Hopefully he was smart and didn't since RIM hit a 52 week low today.



http://finance.yahoo.com/news/rim-sh...180753475.html
no he didnt, and good thing haha he was gonna sell his bp shares and do it i think, but guess he chose not too.
Old 06-11-2012, 12:36 PM
  #355  
Team Owner
iTrader: (1)
 
mrsteve's Avatar
 
Join Date: May 2003
Location: Leesburg, Virginia
Age: 41
Posts: 36,474
Received 249 Likes on 175 Posts
Toying with $28

Never have I been so excited about losing money.
Old 06-11-2012, 04:10 PM
  #356  
Moderator
 
Mizouse's Avatar
 
Join Date: Oct 2004
Location: Not Las Vegas (SF Bay Area)
Age: 39
Posts: 63,171
Received 2,773 Likes on 1,976 Posts
Closed at 27...
Old 06-13-2012, 07:53 AM
  #357  
99 TL, 06 E350
 
Black Tire's Avatar
 
Join Date: Sep 2006
Location: Toronto
Age: 44
Posts: 5,030
Received 164 Likes on 110 Posts
Agreed. All social sites are boring now. I'd rather talk to people in real life instead. Only site I use allot is Youtube.


Originally Posted by Legend2TL
Old 06-14-2012, 05:40 PM
  #358  
_
 
AZuser's Avatar
 
Join Date: Nov 2006
Posts: 18,692
Received 3,097 Likes on 1,867 Posts
FB

$28.29 - Up $1.02 (3.74%)



Old 06-14-2012, 05:42 PM
  #359  
_
 
AZuser's Avatar
 
Join Date: Nov 2006
Posts: 18,692
Received 3,097 Likes on 1,867 Posts
Hindsight is 20/20

Originally Posted by AZuser
I'll wait a couple of weeks or so and see what happens. If it pulls back to about $25-$28, I might consider it. But not where it is now.
Old 06-15-2012, 09:20 PM
  #360  
Team Owner
Thread Starter
 
doopstr's Avatar
 
Join Date: Jan 2001
Location: Jersey
Age: 52
Posts: 25,327
Received 2,044 Likes on 1,133 Posts
CTO resigned
http://bits.blogs.nytimes.com/2012/0...r=yahoofinance


Quick Reply: Meta, formerly known as Facebook



All times are GMT -5. The time now is 11:14 PM.