Meta, formerly known as Facebook
Moderator
Joined: Oct 2004
Posts: 64,099
Likes: 3,347
From: Not Las Vegas (SF Bay Area)
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...
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?
_
Joined: Nov 2006
Posts: 19,277
Likes: 3,424
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 > 
Old Man Yelling at Clouds
Joined: Apr 2007
Posts: 16,973
Likes: 7,362
From: Seattle, WA
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.
Canary in the coal mine.
Last edited by 1Louder; Jun 1, 2012 at 09:05 PM.
Drifting
Joined: May 2006
Posts: 2,499
Likes: 222
From: Carlsbad, CA
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.
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.
Drifting
Joined: Oct 2009
Posts: 2,761
Likes: 86
From: Boston Metro
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.
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.
Drifting
Joined: May 2006
Posts: 2,499
Likes: 222
From: Carlsbad, CA
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.
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.
Thread Starter
Team Owner
Joined: Jan 2001
Posts: 25,967
Likes: 2,685
From: Jersey
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.
Canary in the coal mine.
Moderator
Joined: Oct 2004
Posts: 64,099
Likes: 3,347
From: Not Las Vegas (SF Bay Area)
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
I liked it back when people could input what classes they were in and see who else was in that class
Drifting
Joined: Oct 2009
Posts: 2,761
Likes: 86
From: Boston Metro
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.
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.
The sizzle in the Steak
Joined: Nov 2001
Posts: 71,436
Likes: 1,877
From: Southern California
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
"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 Man Yelling at Clouds
Joined: Apr 2007
Posts: 16,973
Likes: 7,362
From: Seattle, WA
^ 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.
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.
_
Joined: Nov 2006
Posts: 19,277
Likes: 3,424
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.
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.
_
Joined: Nov 2006
Posts: 19,277
Likes: 3,424
Facebook comments, ads don't sway most users
http://www.reuters.com/article/2012/...85400C20120605
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.
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.
AZ Community Team
Joined: Nov 2004
Posts: 19,090
Likes: 4,757
From: Maryland
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
"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.
_
Joined: Nov 2006
Posts: 19,277
Likes: 3,424
Uh-oh.
http://www.cnbc.com/id/47693283
FB down to $20 in
A little early in my $25 prediction, but we're there.
Let's see if my $25 June puts pay off. 1.5 weeks to go.
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.
Facebook closed below $26 in the regular trading session.
FB down to $20 in
A little early in my $25 prediction, but we're there.
Let's see if my $25 June puts pay off. 1.5 weeks to go.
Last edited by AZuser; Jun 6, 2012 at 01:56 AM.
AZ Community Team
Joined: Nov 2004
Posts: 19,090
Likes: 4,757
From: Maryland
Survey: 1 in 3 Facebook users getting bored with the social network
Suzuka Master
Joined: Jan 2009
Posts: 9,012
Likes: 439
From: SoCal
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
http://finance.yahoo.com/news/rim-sh...180753475.html
99 TL, 06 E350
Joined: Sep 2006
Posts: 5,030
Likes: 164
From: Toronto
Agreed. All social sites are boring now. I'd rather talk to people in real life instead. Only site I use allot is Youtube.
FB
Thread Starter
Team Owner
Joined: Jan 2001
Posts: 25,967
Likes: 2,685
From: Jersey