Facebook IPO

[betsmate]

Stock absolutely tanking at the moment. It has been as much as $5 below initial price.

I'd like to see some analyst's target prices. $20 by the end of the week

 

[On The Bridle]

Stock absolutely tanking at the moment. It has been as much as $5 below initial price.

I'd like to see some analyst's target prices. $20 by the end of the week

Looked monstrously over-priced to a simpleton like me...

 

[betsmate]

P/E over 100, stalling growth and no obvious strategy to monetize the gargantuan shift to mobile. Whoops.

 

[trefflich]

Whooooshhhhhhhhhhhhh

 

[SlimChance]

$100 billion for a grooming product. It was never going to happen.

 

[granger]

All great web companies have a huge growth period with the challenge then being stabilisation. Facebook has surely had its major growth cycle by now

 

[walsworth]

It's such an shite site to use as well!

 

[On The Bridle]

$100 billion for a grooming product. It was never going to happen.

:lol::lol::lol:

 

[LUKE]

Looked monstrously over-priced to a simpleton like me...

I thought the same.

 

[SlimChance]

It seemed like Eircom all over again to me. Was there a way to 'bet against' Facebook?

 

[Very Very Ordinary]

It seemed like Eircom all over again to me. Was there a way to 'bet against' Facebook?

Short selling, if you have the funds/ nerve would seem the obvious route

Or you could press the 'Unlike' button

 

[SlimChance]

Short selling, if you have the funds/ nerve would seem the obvious route

Or you could press the 'Unlike' button

:lol:

 

[Irish Stamp]

Looked monstrously over-priced to a simpleton like me...

After timer

 

[chroniclandlord]

Or you could press the 'Unlike' button

:lol:

 

[On The Bridle]

I thought the same.

Aftertiming the aftertimer

 

[SlimChance]

But none of us did anything about it. I looked at Paddy Power Trader and it seems they don't offer the Nasdaq stock.

 

[Gamla Stan]

Fair play to Zuckerberg and co.

They knew the mugs would buy whatever the price was and they very likely cashed in on them.

This lad is the shrewdest of them all though:

http://www.businessweek.com/news/2012-05-16/facebook-s-saverin-may-save-67-million-on-u-dot-s-dot-tax-bill

 

[Bar the Bull]

But none of us did anything about it. I looked at Paddy Power Trader and it seems they don't offer the Nasdaq stock.

I did.

I left it out of my portfolio.