Post: #51

Now I'm a broke dude who knows minimum about stocks, but damn investing about $120 for Facebook seems pretty awesome and a good conversational piece as well.

I'd do it.

Post: #52

(05-11-2012 02:12 PM)MSW2007 Wrote:  

(05-11-2012 02:06 PM)chyamor Wrote:  http://finance.yahoo.com/news/facebook-c...e-ipo.html

Saverin, 30, joins a growing number of people giving up U.S. citizenship, a move that can trim their tax liabilities in that country.
Singapore doesn’t have a capital gains tax. It does tax income earned in that nation, as well as “certain foreign- sourced income,” according to a government website on tax policies there.

Hasn't one lawyer commenting on the case claimed that Saverin will still face some sort of fine, penalty, or tax?

When you give up your US citizenship, you have to pay an exit tax on the value of your assets. The key is that he's doing it before Facebook goes public, when his shares are worth less than they will be after it goes public. The reason is because at the moment Facebook is still a private company, so you can discount the value of the shares for their lack of liquidity when determining their worth for the purposes of the exit tax.

Post: #53

Anyone care to guess where it will close tomorrow? Open should be around $34—$38
I say it closes at $70

Post: #54

(05-17-2012 01:09 PM)chyamor Wrote:  Anyone care to guess where it will close tomorrow? Open should be around $34—$38
I say it closes at $70

Based on what? This doesn't sound reasonable at all.
------------------------

Even if you think this is a good investment, it's better to wait until the excitement surrounding the IPO dies down.

Post: #55

http://blogs.wsj.com/deals/2012/05/17/fa...ced-at-38/

Post: #56

I'm gonna make a killing shorting this shit tomorrow. bring it. This shit is gonna plummet to 30 tomorrow.

Post: #57

(05-17-2012 03:01 PM)chyamor Wrote:  http://blogs.wsj.com/deals/2012/05/17/fa...ced-at-38/

I meant you thinking it would close at $70.

Post: #58

When google went IPO its ipo was around 65 with it opening at 85 and closing at 100. With all the hype going in Ill give facebook a good chance on doubling up

Post: #59

(05-18-2012 08:24 AM)chyamor Wrote:  When google went IPO its ipo was around 65 with it opening at 85 and closing at 100. With all the hype going in Ill give facebook a good chance on doubling up

You put your money behind this call?

Anyone buy this Facebrick duck?

(01-27-2012 02:57 PM)Caligula Wrote:  I'll wait till the SEC filings come out before making a call. They're making a lot of money and growing fast so there's no reason to expect any nasty surprises. The lively secondary market in FB stock has already pushed valuations close to what the markets will value it at. But unsophisticated investors may well push the price beyond where it should be.

?

Post: #60

My only response to this thread, if you don't know what a 424B is or an S-1 or a "covered call" is , you probably shouldn't be buying individual stocks period. Gonna save all you guys a bunch of money, if you know he above then ask yourself could I run that company? If no you don't know the biz enough to invest.

Finally, unless you own shares of Facebook (linked through a holder) you did not "short this stock and make money" because that's both illegal and you do not have the contacts to do so on IPO date.

Post: #61

The stock's gone down 30% from its IPO price. Most people couldn't short it then, but if you did, you would've had a nice return, as I predicted. It still has room to fall. It's $25-26 now, I see $20 tops within a year from now.

Post: #62

Under $50b market cap, Facebook will be a good deal. Under $30b and I will start buying.

Post: #63

What do you guys think about going long Facebook now?

Post: #64

Facebook Is Losing Millions Of Users In The US And Other Mature Markets

http://finance.yahoo.com/news/facebook-l...08858.html

Post: #65

(05-03-2013 06:28 PM)Jaylow Wrote:  Facebook Is Losing Millions Of Users In The US And Other Mature Markets

http://finance.yahoo.com/news/facebook-l...08858.html

fads gonna fad

Post: #66

The main reason why facebook isn't going to go up in value is that there just aren't that many real users. I'd estimate roughly 2/3rds of the accounts are clone accounts (multiple accounts). Sort of like how on the first page of the okcupid thread people talk about making 10 to 20 accounts of hot chick females who like star wars, and then respond to all of the guys with one word answers, while they try to game the genuine hot women, but worse.

Some of the guys in serious guilds that play mafia wars and other games have dozens or even hundreds of cloned facebook accounts(use a free email site like hushmail to set up the account) and play them all as gaming accounts all day. I think facebook as a stock is severely overvalued because there aren't as many real users as they are telling their shareholders, for all of the reasons I just said. In 5 years, it may very well be like the graveyard that myspace is now.

Post: #67

To all the naysayers on this thread about FB.

4 years later FB stock is now at $95. So much for all the negative predictions.

I wish i jumped into the IPO right away.

Was anybody here in it?

.

(05-03-2013 05:30 PM)thegmanifesto Wrote:  What do you guys think about going long Facebook now?

That would have been the perfect timing in 2013.

Post: #68

(01-15-2016 06:22 PM)Dr. Kahn Wrote:  I wish i jumped into the IPO right away.

The IPO was at $39 if I recall correctly which began falling from day one. I wouldn't have bought at the IPO although I wish I had jumped onto Facebook's stock when it plummeted down below $20 a share.