Sitting here waiting for Apple's numbers...

tomkat22 said:
I still vividly recall the huge brouhaha surrounding the Facebook IPO.I came close to pulling the trigger. Still kicking myself for not getting in on that deal. Woulda,coulda,shoulda.
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Actually after Facebook ipo it did trend higher but then fell pretty hard to I believe below 20 if I'm not mistaken. It was trending lower and then started to pick up momentum afterwards where once it did it didn't stop until its last collapse back in 2022.
I think all these high flyers will see their stocks down by half in due time, when is anyone's guess but these stocks always have their day in the spotlight and then are forgotten about.....

How about finding a stock right this second where you think in 3 yrs 4 yrs 8 yrs or decade or more where it will be up 4x 8x 25x the value it is is today. .....easier said than done.

When Facebook was collapsing from over 370 a share straight down to the abyss no one wanted a single share. Day after day in 2022 it was one one of the worst performing stocks then it touched down just below 100 and started to trend higher. Again more people want in now at 450 than they did when Facebook was under 200.
Go figure. You'll have other opportunities. Don't chase it here ....You really think Facebook in the next 2 yrs is going to do what it did the last 18 months??? Return you 350%? That would put the stock at just around $2000 in mid 2025. Not happening....
 
S2007S said:
When Facebook was collapsing from over 370 a share straight down to the abyss no one wanted a single share. Day after day in 2022 it was one one of the worst performing stocks then it touched down just below 100 and started to trend higher. Again more people want in now at 450 than they did when Facebook was under 200.
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You remind me of this pic.

rear-view-mirror-look.gif
 
tomkat22 said:
I still vividly recall the huge brouhaha surrounding the Facebook IPO.I came close to pulling the trigger. Still kicking myself for not getting in on that deal. Woulda,coulda,shoulda.
More...

Initial Public Offering: Stock that is offered to you because other people have turned it down. The guiding principle in relation to IPOs is as follows: "never participate in an IPO that you are able to participate in."

More insights here: https://norgatedata.com/alternative.php
 
tomkat22 said:
I still vividly recall the huge brouhaha surrounding the Facebook IPO.I came close to pulling the trigger. Still kicking myself for not getting in on that deal. Woulda,coulda,shoulda.
More...
Same with Google :D
 
I wouldn't be too quick to ring the death knell on META.It still hasn't even done a split (as far as I know). How many have AAPL and TSLA done? And who could foresee SMCI and NVDA would go nuts?
 
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