Meta, formerly known as Facebook
05-23-2012, 09:05 PM
#241
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Thread Starter
Facebook Weighs Possible Listing With NYSE: Sources
http://www.cnbc.com/id/47540162
http://www.cnbc.com/id/47540162
05-23-2012, 09:11 PM
#242
Q('.')=O
iTrader: (1)
Officials at the Nasdaq have maintained that all order confirmations were disseminated at 1:50pm ET on Friday, yet as of Tuesday, many investors had yet to receive their final order confirmations
05-23-2012, 11:47 PM
#243
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05-23-2012, 11:49 PM
#244
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05-24-2012, 12:03 AM
#245
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They need to grow 25% year to hit what? ... To hit a point where their 100bill p/e ratio would decline to 20p/e?? I'm not sure what the implications of your statement are
AFAIK if they grow 0% per year and lose 0% per year, it just means you have to wait 100 years to get all that money back (in a weird way of putting it)
AFAIK if they grow 0% per year and lose 0% per year, it just means you have to wait 100 years to get all that money back (in a weird way of putting it)
I don't think that's how P/E works.
05-24-2012, 08:35 AM
#246
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So who got in around $30/share?
Up 3.5% now...
Up 3.5% now...
05-24-2012, 09:15 AM
#248
Pro
My second buy was at 31.90...
Agh.
Last time I bought a stock was MS because I was bored as balls in highschool computers class. (1998) I lost $1000. I bought it cause I knew my parents had got my bro $5000 MS for his college fund as a baby, and it was worth $160,000 by like ~97
Agh.
Last time I bought a stock was MS because I was bored as balls in highschool computers class. (1998) I lost $1000. I bought it cause I knew my parents had got my bro $5000 MS for his college fund as a baby, and it was worth $160,000 by like ~97
05-24-2012, 10:28 AM
#250
Pro
Why do people think LNKD has value??? I see people as loyal to FB because they are entrenched -- they have 100s of relationships setup, etc., would be very painful to migrate to something not 100x better. With LNKD you have probably 90+% of the population that only job hunts every 2-3 years tops. That means next time they want to job hunt they will have no hesitation in signing up for the latest and greatest "way", because they have to do so many things anyway (rewrite whole resume etc.)
05-24-2012, 12:24 PM
#251
Team Owner
Thread Starter
The discussion forums on LinkedIn are much better than the garbage on facebook.
05-24-2012, 01:46 PM
#252
Why do people think LNKD has value??? I see people as loyal to FB because they are entrenched -- they have 100s of relationships setup, etc., would be very painful to migrate to something not 100x better. With LNKD you have probably 90+% of the population that only job hunts every 2-3 years tops. That means next time they want to job hunt they will have no hesitation in signing up for the latest and greatest "way", because they have to do so many things anyway (rewrite whole resume etc.)
05-24-2012, 01:54 PM
#253
Senior Moderator
Anyone here richer than BoostedJack yet?
05-24-2012, 02:18 PM
#254
Карты убийцы
In the last seven deals that I've been involved with, there were 2.5 million stockholders who have made a pretax profit of 12 billion dollars. Thank you. I am not a destroyer of companies. I am a liberator of them!
05-24-2012, 03:37 PM
#256
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05-24-2012, 03:44 PM
#258
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Anyone buy in at $31/share? You'd be up 6% now....
05-24-2012, 04:02 PM
#259
Suzuka Master
damn this stock is so volatile, staying away lol ( not like i have money to put in a stock anyway...)
05-24-2012, 04:44 PM
#260
Senior Moderator
05-24-2012, 04:51 PM
#261
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When you put it that way, no.
05-24-2012, 04:52 PM
#262
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I'm kind of thinking of getting more at this lower price, to bring down my average share price 
@ Nasdaq...
@ Nasdaq...
05-24-2012, 04:54 PM
#263
Senior Moderator
Honestly, I think there are better stocks to purchase. 
My issues with Facebook the service aside, I still do not see enough on their business model to invest in them. That's really the gist of it. I don't know what the hype is all about.
And while I'm no finance expert, I absolutely do not see an Apple/Google success story here with Facebook. None.
My issues with Facebook the service aside, I still do not see enough on their business model to invest in them. That's really the gist of it. I don't know what the hype is all about.
And while I'm no finance expert, I absolutely do not see an Apple/Google success story here with Facebook. None.
05-24-2012, 04:59 PM
#264
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Well I originally intended to get it as a speculative stock.
But i did try to cancel my limit order on Friday. After seeing it tank so fast.
But i did try to cancel my limit order on Friday. After seeing it tank so fast.
05-24-2012, 05:02 PM
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I can kind of see some similarities to google, because they staryed off as just a search engine/website. But they branched off to other things, which is what FB needs to do.
05-24-2012, 05:03 PM
#266
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05-24-2012, 05:29 PM
#267
Team Owner
Thread Starter
Forget FB, buy more BAC under $7, buy even more under $5, sell over $10, profit! 
05-24-2012, 05:36 PM
#268
Drifting
My second buy was at 31.90...
Agh.
Last time I bought a stock was MS because I was bored as balls in highschool computers class. (1998) I lost $1000. I bought it cause I knew my parents had got my bro $5000 MS for his college fund as a baby, and it was worth $160,000 by like ~97
Agh.
Last time I bought a stock was MS because I was bored as balls in highschool computers class. (1998) I lost $1000. I bought it cause I knew my parents had got my bro $5000 MS for his college fund as a baby, and it was worth $160,000 by like ~97
Why do people think LNKD has value??? I see people as loyal to FB because they are entrenched -- they have 100s of relationships setup, etc., would be very painful to migrate to something not 100x better. With LNKD you have probably 90+% of the population that only job hunts every 2-3 years tops. That means next time they want to job hunt they will have no hesitation in signing up for the latest and greatest "way", because they have to do so many things anyway (rewrite whole resume etc.)
Linked In doesn't make their money from "InMails", or Job Postings. They sell your personal data and connections - and do so for 100's of millions a month.
05-24-2012, 11:10 PM
#269
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05-24-2012, 11:12 PM
#270
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Facebook today released a new standalone iPhone app dedicated to posting and sharing photos on the 900-million strong social network. Facebook Camera aims to make using photos on Facebook "faster and easier", according to a press release.
The app, much like the Facebook Messenger app launched last year, is designed to streamline a single Facebook feature that users are constantly interacting with, rather than using the clunkier Facebook iOS app. Photos are such a large part of Facebook that the company recently spent $1 billion to purchase photo sharing service Instagram.
Facebook built the app to make it much easier for mobile users to share multiple photos to the network -- something that is cumbersome in the standard Facebook app. Facebook Camera, made by a dedicated Photos team, streamlines browsing photos that friends have posted, a task which is all many users want to use Facebook for. From All Things D:
Instagram and Facebook Camera may seem like competitors -- and within Facebook they will be, sort of. Ellis Hamburger reports for The Verge:
Facebook Camera is available free on the App Store. [Direct Link]
The app, much like the Facebook Messenger app launched last year, is designed to streamline a single Facebook feature that users are constantly interacting with, rather than using the clunkier Facebook iOS app. Photos are such a large part of Facebook that the company recently spent $1 billion to purchase photo sharing service Instagram.
Facebook built the app to make it much easier for mobile users to share multiple photos to the network -- something that is cumbersome in the standard Facebook app. Facebook Camera, made by a dedicated Photos team, streamlines browsing photos that friends have posted, a task which is all many users want to use Facebook for. From All Things D:
Facebook seems to have learned a heck of a lot from Instagram. Photos in Facebook Camera are full-bleed, spanning the entire width of the iPhone’s screen (which was probably tested when Facebook tweaked the photo experience for mobile last week). You’re able to comment and like photos directly from the stream. And of course, there are filters (albeit ones with names nowhere near as fun as Toaster or Valencia).
More than this, it’s very lightweight. The app moves much faster than browsing photos within Facebook’s proper app. And by introducing a separate camera app, it’s another way of bypassing the cumbersome, clicky process of adding pictures via the main Facebook app.
More than this, it’s very lightweight. The app moves much faster than browsing photos within Facebook’s proper app. And by introducing a separate camera app, it’s another way of bypassing the cumbersome, clicky process of adding pictures via the main Facebook app.
Instagram and Facebook Camera may seem like competitors -- and within Facebook they will be, sort of. Ellis Hamburger reports for The Verge:
The Facebook Camera team has been working on the app for months, and Mark Zuckerberg reportedly kept his desire to purchase Instagram close to the vest, as if he almost impulse-bought it. Had the Instagram deal never occurred, Facebook Camera wouldn't really be much of an Instagram competitor anyway, lacking any mobile-only social circles and hashtagged sharing around specific topics. "Enhancing the Facebook photos experience on mobile is long overdue," Facebook's Derick Mains told me. "We really had to step up our game, and we're committed to building Instagram independently."
05-24-2012, 11:17 PM
#271
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05-25-2012, 07:52 AM
#272
Wait - you LOST money in 1998? You really should just stop the whole stock trading thing now. I didn't think you could pick losing stocks in late 90's.
Then 01 came & everyone lost their $.
05-25-2012, 08:25 AM
#273
Old Man Yelling at Clouds
IMO, the big difference between the two is Google had a business model and a means to make sustainable revenue. Facebook does not, besides selling ad space that no one clicks on...
05-25-2012, 08:28 AM
#274
Old Man Yelling at Clouds
Facebook today released more gadgets that increase the popular web-site's catalog of cool features that have no means of making any money, such as a new standalone iPhone app dedicated to posting and sharing photos on the 900-million strong social network. Facebook Camera aims to make using photos on Facebook "faster and easier", according to a press release.
05-25-2012, 01:21 PM
#275
The sizzle in the Steak
Facebook...not so much.
They are apples and oranges.
05-25-2012, 01:48 PM
#276
Drifting
So glad I got out when I did. Few friends went crazy and double/tripled downed and got destroyed in 01
05-26-2012, 12:23 AM
#277
Drifting
It would be a miracle if FB did half as well as YHOO did when it IPO'd. For those of you that hold shares and feel like adding more each time FB tanks a little- DON'T.
That is my $20K lesson when I did that on a stocked called Mirant back in 2002 time frame. It would go down, and I would double-down and so forth. Pretty soon I was taking a 20K hit doing that BS. The lesson I learned is this:
1. Buy an initial x shares position in stock XYZ
2. If it goes down and you still like it next purchase is .75x - don't match and don't double down
3. If stock continues to go down and you like it, buy .75x of previous purchase so amount is going down each time. Eventually you wind down to only able to buy a few shares and you're done buying this stock since it doesn't justify the commission. It's time to find some better stock and put your efforts with a new stock instead.
4. If stock goes up from last position and you have a profit, then buy amount equal to last purchase amount until you get to next profitable price point and so on
The results of employing this strategy have been good. It doesn't prevent buying losers but certainly limits your exposure to them. You also do a better job picking your buy points since you don't have that many opportunities. Here's what it looks like with an initial 100 share purchase
1. 100 sh
2 75sh
3. 50 sh (round down)
4. 40 sh (close to actual)
5. 30 sh
6. 20 sh
7. 15 sh
8. 10 sh
DONE with a total of 340 shares tops. If you do two double-downs you'll have 500 shares and maybe more if you can't stop.
Like I said, that was an expensive lesson and one I don't wish to ever repeat.
That is my $20K lesson when I did that on a stocked called Mirant back in 2002 time frame. It would go down, and I would double-down and so forth. Pretty soon I was taking a 20K hit doing that BS. The lesson I learned is this:
1. Buy an initial x shares position in stock XYZ
2. If it goes down and you still like it next purchase is .75x - don't match and don't double down
3. If stock continues to go down and you like it, buy .75x of previous purchase so amount is going down each time. Eventually you wind down to only able to buy a few shares and you're done buying this stock since it doesn't justify the commission. It's time to find some better stock and put your efforts with a new stock instead.
4. If stock goes up from last position and you have a profit, then buy amount equal to last purchase amount until you get to next profitable price point and so on
The results of employing this strategy have been good. It doesn't prevent buying losers but certainly limits your exposure to them. You also do a better job picking your buy points since you don't have that many opportunities. Here's what it looks like with an initial 100 share purchase
1. 100 sh
2 75sh
3. 50 sh (round down)
4. 40 sh (close to actual)
5. 30 sh
6. 20 sh
7. 15 sh
8. 10 sh
DONE with a total of 340 shares tops. If you do two double-downs you'll have 500 shares and maybe more if you can't stop.
Like I said, that was an expensive lesson and one I don't wish to ever repeat.
05-26-2012, 02:06 AM
#278
Senior Moderator
Anyone richer than BoostedJack yet?
05-27-2012, 08:37 AM
#279
AZ Community Team
Honestly, I think there are better stocks to purchase.
My issues with Facebook the service aside, I still do not see enough on their business model to invest in them. That's really the gist of it. I don't know what the hype is all about.
And while I'm no finance expert, I absolutely do not see an Apple/Google success story here with Facebook. None.
My issues with Facebook the service aside, I still do not see enough on their business model to invest in them. That's really the gist of it. I don't know what the hype is all about.
And while I'm no finance expert, I absolutely do not see an Apple/Google success story here with Facebook. None.
, +1I've been trying to buy some FB puts but I've seen none offered yet. Wasn't sure if there was a lockout period.
05-28-2012, 02:10 AM
#280
Puts/calls should be available for trading starting on the 29th