I'm betting on the 17% return on some FB bonds. Seems like a cant lose almost!
Anyone Betting on Facebook?
- Thread starter cactiman
- Start date
I'm betting on the 17% return on some FB bonds. Seems like a cant lose almost!
Quote from eurotrasher:
Buffett likes moats and he ain't long.
Munger takes it one step further. "I don't invest in what I don't understand. And I don't want to understand it...."
Charlie dislikes the whole idea of it......
"I don't want people putting all this personal stuff into a permanent record when they are 15 years of age. I think it's counterproductive. "
And in case you're wondering -- neither Buffett nor Munger is on Facebook.
FB = signing up = lame
FB = posting your day's updates = lamer
FB = showing off your cat videos = lamest
There is nothing of value in FB, just a college kid who got enormously lucky, that's it.
FaceBook is an hallucination to make money..........
Meanwhile on the list of Forbes 100 billionaires........
don't forget shopster, tomorrow is unemployment check Thursday.
I'm dumping my FB. Probably just a one day reaction to the Zynga horror show, but I suspect there will be plenty of time to buy it back.
FB is sick now. ZNGA opened near the low and closed at the high, while FB opened near the high and closed at the low.
By "plenty of time", do you mean 18 days, or do you think they will have disappointing earnings on Oct 23?
No idea. Probably I'll wait until after the lockup, or just daytrade it.
I'm really not into making calls on stocks, but I had been bullish on FB in this thread and I wanted to make it clear that I was out.
FB does not have a history. I'm not going to touch it until at least May next year when I can scroll back in history and see how it behaves.
Out at 20. Very poor exit.
I would think this should retest 17.55, since that wasn't really a bottom that had a chance to form. It gapped up the next day on news.
I would think this should retest 17.55, since that wasn't really a bottom that had a chance to form. It gapped up the next day on news.
it does seem very sensitive to any news right now
it may continue that way until
after the "big" Unlock period, mid November
marc
:eek:
I'm not even trying to bet until I see some history...
Remember when Microsoft was all the rage? That was a real company with real parts.
This social media crap, although relevant, produces nothing. Other than seeing stupid pictures of your friends, the only thing these sites can do is get you in trouble when you're trying to get in to a school or trying to get a job.
This social media crap, although relevant, produces nothing. Other than seeing stupid pictures of your friends, the only thing these sites can do is get you in trouble when you're trying to get in to a school or trying to get a job.