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Facebook - IPO
- Thread starter SouthAmerica
- Start date
Quote from Hansel H:
Why $7? That's 23x earnings + there will be 300 lawsuits pending by the time it hits $7.
FB is a classic Nasdaq scam.
It will go bankrupt and be the fiasco of the decade.
+1
That is a great mental game. As I said, we price items based on the seller's offer (haggling). FB offer was $38 and we like to go lower like $32 and when it hits $30, we go to $25 and when it hits $25, we go to $20. In reality, maybe $2 might make more sense.
Quote from hajimow:
+1
That is a great mental game. As I said, we price items based on the seller's offer (haggling). FB offer was $38 and we like to go lower like $32 and when it hits $30, we go to $25 and when it hits $25, we go to $20. In reality, maybe $2 might make more sense.
Go ahead and pay $2 if you get a kick out of wild and crazy gambling.
Quote from hajimow:
I won't even pay a penny for FB shares.
Right. If it sells @ 1 cent it will be 00.00 bid.
Likewise all the way down. The more it drops the more it's weighed down by lawsuits and the more likely it is to go under.
I see my July $20 puts have already doubled to 30 cents.
La Monica is always pragmatic with his predictions. He agrees it needs to go under $20.
Facebook is finally a buy at ...
Facebook is finally a buy at ...
May 31, 2012
SouthAmerica: Facebook stock went up 5 % in the last 2 hours of trading today, because it is the last day of the month, that was end of month window dressing and nothing more.
And now the Facebook stock can continue its declining trend to the single digits.
.
SouthAmerica: Facebook stock went up 5 % in the last 2 hours of trading today, because it is the last day of the month, that was end of month window dressing and nothing more.
And now the Facebook stock can continue its declining trend to the single digits.
.
What a bunch of whining sissies. Was anyone forced to buy Facebook? No. Why did they buy Facebook? Because they wanted to make a shitload of money. How much research did they do? In most cases, just enough to work out the stock symbol and the IPO date.
Someone please explain to me why I'm supposed to feel sorry for a load of greedy, lazy, ignorant, stock market gamblers? In this case, the Wall Street sharks were definitely the less contemptible of the two classes of people involved. MS even had the courtesy to publicly warn that the fundamentals were weaker than expected, and they were the lead underwriter.
Caveat emptor, bitches!
Someone please explain to me why I'm supposed to feel sorry for a load of greedy, lazy, ignorant, stock market gamblers? In this case, the Wall Street sharks were definitely the less contemptible of the two classes of people involved. MS even had the courtesy to publicly warn that the fundamentals were weaker than expected, and they were the lead underwriter.
Caveat emptor, bitches!