Meta, formerly known as Facebook
05-16-2012, 04:12 AM
#81
Suzuka Master
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.
05-16-2012, 09:20 AM
#83
Only way to make money on RIM is to trade it... by buying like 10,000 shares and then when it moves up like $0.36 (3.24%) like it as now, dump it.
Not a good long term investment.
Not a good long term investment.
05-16-2012, 04:15 PM
#84
Drifting
RIM is a terrible company - just because their stock is down big doesn't mean anything - I see it going much lower. Maybe short it - that's a good long term investment there.
RIM will declare bankruptcy in the next 5 years - count on that.
RIM will declare bankruptcy in the next 5 years - count on that.
05-16-2012, 09:44 PM
#85
Old Man Yelling at Clouds
05-17-2012, 11:36 AM
#86
The sizzle in the Steak
Google makes roughly 30 bucks "per user/person" on advertising...(their model)
Facebook makes barely 4 bucks "per user/person" on advertising...(their model)
Houston: We have a problem.
Facebook makes barely 4 bucks "per user/person" on advertising...(their model)
Houston: We have a problem.
05-17-2012, 05:04 PM
#87
$38/share
http://online.wsj.com/article/SB1000...406193162.html
Facebook Inc. (FB) set its final price at $38 a share, as the social network gets ready for its initial public offering on Friday.
The social network priced at the top end of the range it set earlier this week, when it said it would price its IPO at $34 to $38 a share from $28 to $35 a share, in a sign of the tremendous investor appetite for the offering. At $38 a share, Facebook is valued at $104 billion, the biggest-ever valuation by an American company at the time of its offering.
Facebook is set to raise $18.4 billion from its IPO, becoming the second-largest U.S. IPO of all time behind Visa Inc.'s 2008 offering that brought in $19.65 billion, according to Dealogic.
The price was set only a short time before it was announced. Earlier in the day, Facebook executives and senior bankers on the deal were holed up in a meeting discussing the price, said people familiar with the matter. The company tried floating higher numbers to investors but was rebuffed, said one of the people.
The Menlo Park, Calif., company's shares are set to start trading on the Nasdaq Stock Market on Friday morning with the stock symbol FB.
The social network priced at the top end of the range it set earlier this week, when it said it would price its IPO at $34 to $38 a share from $28 to $35 a share, in a sign of the tremendous investor appetite for the offering. At $38 a share, Facebook is valued at $104 billion, the biggest-ever valuation by an American company at the time of its offering.
Facebook is set to raise $18.4 billion from its IPO, becoming the second-largest U.S. IPO of all time behind Visa Inc.'s 2008 offering that brought in $19.65 billion, according to Dealogic.
The price was set only a short time before it was announced. Earlier in the day, Facebook executives and senior bankers on the deal were holed up in a meeting discussing the price, said people familiar with the matter. The company tried floating higher numbers to investors but was rebuffed, said one of the people.
The Menlo Park, Calif., company's shares are set to start trading on the Nasdaq Stock Market on Friday morning with the stock symbol FB.
05-17-2012, 06:08 PM
#88
The sizzle in the Steak
Closes at $45 tomorrow?
05-17-2012, 06:19 PM
#89
Q('.')=O
iTrader: (1)
The 'expert' panel market close guesses were $42-$55. I imagine it will go way up then back down.
But what if by any chance it is something like Google... nobody predicted it would be in the $600's at IPO time..
But what if by any chance it is something like Google... nobody predicted it would be in the $600's at IPO time..
05-17-2012, 06:31 PM
#90
05-17-2012, 06:36 PM
#91
The sizzle in the Steak
05-17-2012, 06:55 PM
#93
05-17-2012, 07:18 PM
#94
Q('.')=O
iTrader: (1)
Sorry to mis-communicate.
No, I don't get IPO price.
. I mean when my limit order fills.
I do work in the industry but our firm gets 0 allotment of IPO shares; we are nowhere near one of the giants. But today 75% of my day was spent explaining the IPO to people. Tomorrow will be HELL for me
No, I don't get IPO price.
. I mean when my limit order fills. I do work in the industry but our firm gets 0 allotment of IPO shares; we are nowhere near one of the giants. But today 75% of my day was spent explaining the IPO to people. Tomorrow will be HELL for me
05-17-2012, 08:09 PM
#95
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I'm pissed my lazy ass procrastinated and missed the opening for schwab... 
oh we'll I'll see of I can jump in during an intraday drop
oh we'll I'll see of I can jump in during an intraday drop
05-17-2012, 09:36 PM
#96
Old Man Yelling at Clouds
I think the only fair thing to say is FB is a big gamble. All they have is the biggest supply of customers the world has ever seen and not one of them is paying them a cent.
05-17-2012, 10:35 PM
#97
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05-17-2012, 10:39 PM
#98
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I mean say FB earns $4/user at a rate 8x faster than google, then FB could still make more monee
<~~~~ idiot
05-17-2012, 11:13 PM
#99
Facebook may only have itself to blame for why General Motors rained on its IPO parade this week.
GM announced the decision to drop Facebook paid ads on Tuesday in what was the first highly visible crack in Facebook's strategy and illustrated doubts about its perceived advantage over traditional media.
GM's decision followed Facebook officials' failure to convince top marketing executives at the U.S. automaker of the benefits of Facebook's paid ads at a meeting that took place in the past few weeks, people familiar with the meeting said on Thursday.
That was after Facebook officials focused more on touting the social networking website's free pages,
the sources said.
............
GM dropped its Facebook ads because they were less effective than other options such as Google's AdSense, the sources said. Facebook's ads garner about half the clicks per page view, a measure of effectiveness, compared with the average website.
Moreover, Facebook's ad prices were expected to rise after the company's IPO. Ad prices are set in auction and vary depending on the target audience.
But so far, Facebook's "click-through rate", also known as "clicks per page view," is half the average for ads on the Internet, according to Larry Kim, founder and chief technology officer of Internet ad consultant Wordstream.
The average targeted ad on the Internet is "clicked" on by a consumer once every 1,000 times it is viewed, Kim said. Facebook's rate is half that, while Google's is 4 in 1,000.
"Facebook is good in that an advertiser can target based on age and gender by measuring certain 'likes,' but is not connecting with the right audience at the right time," he said, calling the website's banner ads staid and uninspiring.
Google's banner ads are more targeted, even following a consumer from website to website, Kim said.
GM announced the decision to drop Facebook paid ads on Tuesday in what was the first highly visible crack in Facebook's strategy and illustrated doubts about its perceived advantage over traditional media.
GM's decision followed Facebook officials' failure to convince top marketing executives at the U.S. automaker of the benefits of Facebook's paid ads at a meeting that took place in the past few weeks, people familiar with the meeting said on Thursday.
That was after Facebook officials focused more on touting the social networking website's free pages,
the sources said.............
GM dropped its Facebook ads because they were less effective than other options such as Google's AdSense, the sources said. Facebook's ads garner about half the clicks per page view, a measure of effectiveness, compared with the average website.
Moreover, Facebook's ad prices were expected to rise after the company's IPO. Ad prices are set in auction and vary depending on the target audience.
But so far, Facebook's "click-through rate", also known as "clicks per page view," is half the average for ads on the Internet, according to Larry Kim, founder and chief technology officer of Internet ad consultant Wordstream.
The average targeted ad on the Internet is "clicked" on by a consumer once every 1,000 times it is viewed, Kim said. Facebook's rate is half that, while Google's is 4 in 1,000.
"Facebook is good in that an advertiser can target based on age and gender by measuring certain 'likes,' but is not connecting with the right audience at the right time," he said, calling the website's banner ads staid and uninspiring.
Google's banner ads are more targeted, even following a consumer from website to website, Kim said.
05-18-2012, 12:56 AM
#100
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Oh well.
I hope the stock tanks since I couldn't get in....
I hope the stock tanks since I couldn't get in....
05-18-2012, 09:18 AM
#101
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About 40 minutes until it starts trading.
05-18-2012, 09:26 AM
#102
the overexplainer
i read another analyst saying 44% of users will "never" click on an ad link in facebook.
Which I can see...or really can't since I have adblock. when I did see them they were almost scammy looking ads.
Which I can see...or really can't since I have adblock.
when I did see them they were almost scammy looking ads.
05-18-2012, 09:40 AM
#103
I have real time order entry, & our firm has said only the top traders are allowed to get in on FB. It's really not a good thing for firms to trade. An individual that wants to hold it for a while might be. But $38 is over priced. I predict next week it will less then $30.
The reality it's not going to effect the overall market by much.
The reality it's not going to effect the overall market by much.
05-18-2012, 09:53 AM
#105
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05-18-2012, 10:08 AM
#107
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05-18-2012, 10:21 AM
#108
Nasdaq delay 
05-18-2012, 10:31 AM
#110
$42.xx open
So much for the pump and dump.
EDIT>.....
Going down... $40.xx.
short?
So much for the pump and dump.
EDIT>.....
Going down... $40.xx.
short?
Last edited by AZuser; 05-18-2012 at 10:34 AM.
05-18-2012, 10:40 AM
#111
Team Owner
Thread Starter
Volume is insane.
05-18-2012, 10:49 AM
#112
$37.xx in 3, 2,.......
FB IPO is a FAIL
FB IPO is a FAIL
05-18-2012, 11:02 AM
#114
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Wtf, my limit order didn't go thru... 
I put it at 38.01
I put it at 38.01
05-18-2012, 11:04 AM
#115
05-18-2012, 11:05 AM
#116
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Ya, it's possible..
Although I only put in for 100 shares.
Although I only put in for 100 shares.
05-18-2012, 11:11 AM
#117
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UPDATE: FB is now trading, although NASDAQ is reporting slowness in acknowledging orders.
05-18-2012, 11:13 AM
#118
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Damn, look at zynga. Down 17%