Facebook is now down to $27..

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  • Theo
    HAL 9000
    • May 2001
    • 34515

    #1

    Facebook is now down to $27..

    https://www.google.com/finance?client=ob&q=NASDAQ:FB

    Wall Street shouldn't allow first place an IPO with such ridiculous evaluation.
  • grumpy
    Too lazy to set a custom title
    • Jan 2002
    • 9870

    #2
    Facebook continues its freefall

    27.17 now

    http://www.nasdaq.com/symbol/fb


    Cry baby cry.
    Don't let greediness blur your vision | You gotta let some shit slide
    icq - 441-456-888

    Comment

    • CaptainHowdy
      Too lazy to set a custom title
      • Dec 2004
      • 94727

      #3
      Is anyone actually surprised about that?

      Comment

      • Theo
        HAL 9000
        • May 2001
        • 34515

        #4
        this merge function is cool!

        Comment

        • CaptainHowdy
          Too lazy to set a custom title
          • Dec 2004
          • 94727

          #5
          Originally posted by AVN Theo
          this merge function is cool!

          Comment

          • seeandsee
            Check SIG!
            • Mar 2006
            • 50945

            #6
            omg fb stocks deep in the shit!
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            Comment

            • BIGTYMER
              Junior Achiever
              • Nov 2004
              • 17066

              #7
              And it's still overpriced..

              Comment

              • xNetworx
                So Fucking What
                • Jan 2004
                • 14445

                #8
                Anybody think it could hit $10 or less by the end of the year?

                Comment

                • Theo
                  HAL 9000
                  • May 2001
                  • 34515

                  #9
                  I think it will go down to $17-19 within the next month or two.

                  $10 or less by the end of the year? I hope not, a lot of folks will be losing their life savings...

                  Comment

                  • bronco67
                    Too lazy to set a custom title
                    • Dec 2006
                    • 29032

                    #10
                    Did people stop looking at baby pictures?

                    Comment

                    • Best-In-BC
                      Confirmed User
                      • Jun 2002
                      • 9511

                      #11
                      Originally posted by StripperCash
                      Anybody think it could hit $10 or less by the end of the year?
                      If it does the real investors will be happy and will start buying, this is all a ploy
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                      • Inter-Sex
                        Confirmed User
                        • Nov 2005
                        • 2231

                        #12
                        I am the only one that's catching hisself to have a big smile on his face while reading/knowing the current facebook fiasco ?

                        Yeah I'd name myself relative anti fb

                        Comment

                        • DudeRick
                          Confirmed User
                          • Feb 2004
                          • 1568

                          #13
                          Originally posted by AVN Theo
                          I think it will go down to $17-19 within the next month or two.
                          I agree, the market is in the early stage of taking a dump and FaceBook is not where money is going to go for safety!

                          Comment

                          • Houdini
                            Confirmed User
                            • Dec 2001
                            • 1651

                            #14
                            I've read that Facebook is one of the worst IPO's ever. You could argue that it's actually one of the most successful. The ENTIRE purpose of an IPO is to raise as much money as possible and Facebook got the TOP of their range.

                            Comment

                            • Roald
                              SecretFriends.com
                              • May 2001
                              • 27910

                              #15
                              Originally posted by AVN Theo
                              https://www.google.com/finance?client=ob&q=NASDAQ:FB

                              Wall Street shouldn't allow first place an IPO with such ridiculous evaluation.
                              Why shouldn't they allow it?


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                              • Jman
                                Too lazy to set a custom title
                                • Sep 2003
                                • 22837

                                #16
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                                • eroticsexxx
                                  Confirmed User
                                  • Aug 2006
                                  • 3133

                                  #17
                                  Originally posted by Best-In-BC
                                  If it does the real investors will be happy and will start buying, this is all a ploy
                                  FINALLY...someone who actually is paying attention!



                                  Zuckerberg made $16 BILLION from this IPO. Real investors who got in early are not worried as this stock inevitably will go way past its original price.

                                  It is projected that it should bottom out around 20 (or thereabouts), level out and then climb rapidly after Zuckerberg releases his partnership plans for the new FB phone that will have NFC and FB Payments built in. (Not to mention that as an ad-supplemented device it will be given away practically for free)

                                  The FB app also is being redeveloped and will include FB Payments for NFC capable devices such as the Samsung Galaxy III (Android) and the iPhone 5 (coming around Oct).

                                  And that's just the tip of the iceberg...

                                  Last edited by eroticsexxx; 05-31-2012, 07:50 AM.

                                  Comment

                                  • AdultEUhost
                                    ORLY?
                                    • Oct 2005
                                    • 2579

                                    #18
                                    Originally posted by AVN Theo
                                    this merge function is cool!
                                    can you merge all the bs topics into one big bs topic as well then? Saves me a lot of time
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                                    • Fap
                                      Just Du It
                                      • Feb 2004
                                      • 12094

                                      #19
                                      Zuck is only worth $13.73B now! So poor!

                                      http://ZuckerbergNetWorth.com/

                                      Comment

                                      • xNetworx
                                        So Fucking What
                                        • Jan 2004
                                        • 14445

                                        #20
                                        Originally posted by eroticsexxx
                                        FINALLY...someone who actually is paying attention!



                                        Zuckerberg made $16 BILLION from this IPO. Real investors who got in early are not worried as this stock inevitably will go way past its original price.

                                        It is projected that it should bottom out around 20 (or thereabouts), level out and then climb rapidly after Zuckerberg releases his partnership plans for the new FB phone that will have NFC and FB Payments built in. (Not to mention that as an ad-supplemented device it will be given away practically for free)

                                        The FB app also is being redeveloped and will include FB Payments for NFC capable devices such as the Samsung Galaxy III (Android) and the iPhone 5 (coming around Oct).

                                        And that's just the tip of the iceberg...

                                        Comment

                                        • grumpy
                                          Too lazy to set a custom title
                                          • Jan 2002
                                          • 9870

                                          #21
                                          Originally posted by AVN Theo
                                          this merge function is cool!
                                          sure is
                                          Don't let greediness blur your vision | You gotta let some shit slide
                                          icq - 441-456-888

                                          Comment

                                          • 2012
                                            So Fucking What
                                            • Jul 2006
                                            • 17189

                                            #22
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                                            • teomaxxx
                                              Confirmed User
                                              • May 2003
                                              • 2737

                                              #23
                                              those fuckers at FB should fix their search function. its really unuseful, if you need to find one someone who you dont know much....i could easily find that person just by age and city, but such search isnt allowed.

                                              Comment

                                              • LAJ
                                                Gingerific
                                                • Jun 2001
                                                • 5567

                                                #24
                                                Bummer.

                                                And by bummer I mean "ha ha".
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                                                Comment

                                                • epitome
                                                  So Fucking Lame
                                                  • Jun 2009
                                                  • 12156

                                                  #25
                                                  Originally posted by Houdini
                                                  I've read that Facebook is one of the worst IPO's ever. You could argue that it's actually one of the most successful. The ENTIRE purpose of an IPO is to raise as much money as possible and Facebook got the TOP of their range.
                                                  That and usually bankers make a lot of money on IPOs. Facebook made sure the investment banks only got their fees for putting the deal together. Facebook raised maximum cash while leaving the least on the table.

                                                  Comment

                                                  • homegrownmof
                                                    Confirmed User
                                                    • Oct 2002
                                                    • 408

                                                    #26
                                                    Originally posted by Roald
                                                    Why shouldn't they allow it?
                                                    Agreed.

                                                    an why should Amazon have a P/E over 100?

                                                    the market seems to accept all kinds of valuations.

                                                    caveat emptor
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                                                    • alias
                                                      aliasx
                                                      • Apr 2001
                                                      • 19010

                                                      #27
                                                      Free falling.
                                                      https://porncorporation.com

                                                      Comment

                                                      • _Richard_
                                                        Too lazy to set a custom title
                                                        • Oct 2006
                                                        • 30991

                                                        #28
                                                        Originally posted by eroticsexxx
                                                        FINALLY...someone who actually is paying attention!



                                                        Zuckerberg made $16 BILLION from this IPO. Real investors who got in early are not worried as this stock inevitably will go way past its original price.

                                                        It is projected that it should bottom out around 20 (or thereabouts), level out and then climb rapidly after Zuckerberg releases his partnership plans for the new FB phone that will have NFC and FB Payments built in. (Not to mention that as an ad-supplemented device it will be given away practically for free)

                                                        The FB app also is being redeveloped and will include FB Payments for NFC capable devices such as the Samsung Galaxy III (Android) and the iPhone 5 (coming around Oct).

                                                        And that's just the tip of the iceberg...

                                                        facepal!

                                                        Comment

                                                        • - Jesus Christ -
                                                          Confirmed User
                                                          • Mar 2003
                                                          • 7197

                                                          #29
                                                          Originally posted by eroticsexxx
                                                          (nonsensical vaporware rant)
                                                          If this draconian system you envision actually materializes I will personally roam the streets murdering the users.

                                                          Amen

                                                          Comment

                                                          • Way3
                                                            Confirmed User
                                                            • Mar 2007
                                                            • 1727

                                                            #30
                                                            Right now, I would hate to be the person who bought in at their $45 high.

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                                                            • Barry-xlovecam
                                                              It's 42
                                                              • Jun 2010
                                                              • 18083

                                                              #31
                                                              Too big to fail ... the social media market would collapse ...

                                                              Comment

                                                              • CyberHustler
                                                                Masterbaiter
                                                                • Feb 2006
                                                                • 28728

                                                                #32
                                                                I still remember bebo, black planet, migente, asianave, myspace, etc
                                                                “If you can convince the lowest white man he’s better than the best colored man, he won’t notice you’re picking his pocket. Hell, give him somebody to look down on, and he’ll empty his pockets for you.”

                                                                Comment

                                                                • grumpy
                                                                  Too lazy to set a custom title
                                                                  • Jan 2002
                                                                  • 9870

                                                                  #33
                                                                  Originally posted by eroticsexxx
                                                                  FINALLY...someone who actually is paying attention!



                                                                  Zuckerberg made $16 BILLION from this IPO. Real investors who got in early are not worried as this stock inevitably will go way past its original price.

                                                                  It is projected that it should bottom out around 20 (or thereabouts), level out and then climb rapidly after Zuckerberg releases his partnership plans for the new FB phone that will have NFC and FB Payments built in. (Not to mention that as an ad-supplemented device it will be given away practically for free)

                                                                  The FB app also is being redeveloped and will include FB Payments for NFC capable devices such as the Samsung Galaxy III (Android) and the iPhone 5 (coming around Oct).

                                                                  And that's just the tip of the iceberg...


                                                                  Worst plan ever.

                                                                  They know nothing about hardware
                                                                  They know nothing about phones
                                                                  They cant support it.

                                                                  Shares will find 9.50 10.00 dollar region soon.
                                                                  Don't let greediness blur your vision | You gotta let some shit slide
                                                                  icq - 441-456-888

                                                                  Comment

                                                                  • Roald
                                                                    SecretFriends.com
                                                                    • May 2001
                                                                    • 27910

                                                                    #34
                                                                    Originally posted by grumpy
                                                                    Worst plan ever.

                                                                    They know nothing about hardware
                                                                    They know nothing about phones
                                                                    They cant support it.

                                                                    Shares will find 9.50 10.00 dollar region soon.
                                                                    I agree on the phone thing but close to $10? I doubt it


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                                                                    • homegrownmof
                                                                      Confirmed User
                                                                      • Oct 2002
                                                                      • 408

                                                                      #35
                                                                      why would they need to know about phone hardware???

                                                                      wouldnt they just license the latest Windows 8 Mobile phones?

                                                                      like any other phone carrier- Sprint, Telefonica, etc

                                                                      i wouldnt def be a buyer at $10- plenty they can launch off that platform
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                                                                      • TheSquealer
                                                                        Mayor of Thneedville
                                                                        • Oct 2004
                                                                        • 26174

                                                                        #36
                                                                        Originally posted by AVN Theo

                                                                        $10 or less by the end of the year? I hope not, a lot of folks will be losing their life savings...
                                                                        The biggest losers are those who gambled on an already retarded valuation increasing to even more retarded leveks in the short term.

                                                                        I have no sympathy for gamblers who lose a bet
                                                                        .
                                                                        Yes, fewer illegal immigrants working equates to more job opportunities for American citizens.

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                                                                        • iSpyCams
                                                                          Amateur Gynecologist
                                                                          • May 2009
                                                                          • 4436

                                                                          #37
                                                                          I think their best bet to monetize is to become a payment gateway and compete with paypal.

                                                                          They seem to not be doing so well as an ad platform. All they need to drive their stock price up is some solid revenue, but their users are not geared to paying for anything.
                                                                          - As soon as I think up a good sig it's going here.

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                                                                          • brassmonkey
                                                                            Pay It Forward
                                                                            • Sep 2005
                                                                            • 77396

                                                                            #38
                                                                            went back up
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                                                                            • epitome
                                                                              So Fucking Lame
                                                                              • Jun 2009
                                                                              • 12156

                                                                              #39
                                                                              Originally posted by grumpy
                                                                              Worst plan ever.

                                                                              They know nothing about hardware
                                                                              They know nothing about phones
                                                                              They cant support it.

                                                                              Shares will find 9.50 10.00 dollar region soon.
                                                                              They have billions in cash and more than 3,000 employees. They can figure anything they want out. At one point Google knew nothing about ads, email, mapping, phones or anything but search. At one point Apple knew nothing but computers.

                                                                              Comment

                                                                              • epitome
                                                                                So Fucking Lame
                                                                                • Jun 2009
                                                                                • 12156

                                                                                #40
                                                                                People focus on Zuck but he doesn't give himself too much credit. He gives a lot of credit to Sheryl Sandberg, who is largely responsible for what Facebook is today. Keep in mind this is the same Sheryl Sandberg that was Vice President of Global Online Sales and Operations at Google prior to her arrival at Facebook in 2008.

                                                                                She was a driving force behind making Google what it is today and now she will be the driving force behind where Facebook goes in the future.

                                                                                Facebook has some amazing talent on board.

                                                                                Comment

                                                                                • eroticsexxx
                                                                                  Confirmed User
                                                                                  • Aug 2006
                                                                                  • 3133

                                                                                  #41
                                                                                  Originally posted by grumpy
                                                                                  Worst plan ever.

                                                                                  They know nothing about hardware
                                                                                  They know nothing about phones
                                                                                  They cant support it.

                                                                                  Shares will find 9.50 10.00 dollar region soon.
                                                                                  They don't need to know anything about hardware.
                                                                                  They dont need to know anything about phones.
                                                                                  They don't need to support it.

                                                                                  But FB does have the capabilities to get to know what they need to know and how to support a phone if they absolutely have to.

                                                                                  And no, the shares will NOT ever hit below $19. Facebook would have to make an epic privacy gaffe or their server farms would have to get massively hacked for something like that to happen.

                                                                                  Here's my post from another Facebook bashing thread to "enlighten" those (specifically about the FB phone) who may not have the vision or patience to simply sit back for a sec and wonder why exactly Facebook got so huge, so fast.

                                                                                  Originally posted by eroticsexxx
                                                                                  Two of the major possible options:

                                                                                  1. FB + RIM = Facebook teams up with or buys RIM to inject new life into their phone line, which has been weak for the past 3 years. The ex-Apple designers that FB hired only have to come up with a decent hardware solution as QNX is a solid OS with huge potential.

                                                                                  Established channels of distribution/mobile provision for the phones plus the advantage of the secure BB platform would make this the best option. Add to that the potential licensing of the BB Platform to Android phone developers and Apple and there would be a near instantaneous resurgence of RIM's market share.

                                                                                  2. FB + Microsoft = Facebook and MS already are tied at the hip with Skype and Bing integration. Window Phones already have distribution channels set up, so a partnership in this regard makes sense. Although it must be said that the RIM partnership would be stronger. Windows phones aren't being forecast to have a strong demand this year given that the iphone 5 may be coming out in October.

                                                                                  The critics who are pushing that this is the end of FB aren't thinking analytically and are forecasting a worst-case scenario of FB trying to do it all by themselves. Zuckerberg only got $16 Billion out of the IPO, so to create a new phone line from scratch would be idiotic. Zuckerberg didn't get this far by not thinking carefully and thoroughly about his business steps.

                                                                                  FB hatred has blinded quite a few pundits and it's showing.
                                                                                  Both of those possibilities offer FB the freedom to not have to worry about having to come up with a phone manufacturing company from scratch.

                                                                                  Guess what though, if they decide not to release a phone at all, that's okay as well. Although their ongoing mission to put FB as an embedded part of electronic components everywhere will be severely stunted temporarily.

                                                                                  It's hilarious to see the reactions here, when on Wall Street (in certain circles) they anticipated this and aren't worried at all.

                                                                                  I thought that adult stayed on the cutting edge, but here some can't even recognize genius when it's right in front of them. On forums like this I see many gripes about FB and the portions of it that involve teenagers and families. C'mon, that's THEIR world in FB.

                                                                                  In other words, when you as an adult join FB, the experience is what YOU make it. If you have idiot friends or weird family members who post idiotic and/or useless stuff, then you have complete control to unfriend, avoid and even block that person altogether.

                                                                                  Anyway, I can only laugh.
                                                                                  Last edited by eroticsexxx; 05-31-2012, 02:30 PM.

                                                                                  Comment

                                                                                  • shimmy2
                                                                                    Confirmed User
                                                                                    • Mar 2009
                                                                                    • 3271

                                                                                    #42
                                                                                    Originally posted by pompousjohn
                                                                                    their users are not geared to paying for anything.
                                                                                    there are girls in the DR that do not own computers, nor a cell phone, and share a room with a 1/2 dozen others that literally has no floors, yet they have facebook and use it often. its a tool for them to project a better self image of themself hence theyre always at my spot wanting to take "faebooh" (how they pronounce facebook) pics. they are not, will not, and are not capable of making payments for fb or anything on its network unless they start selling scratch off cards with airtime pin minutes like they do for cell service here
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                                                                                    • eroticsexxx
                                                                                      Confirmed User
                                                                                      • Aug 2006
                                                                                      • 3133

                                                                                      #43
                                                                                      Originally posted by shimmy2
                                                                                      they are not, will not, and are not capable of making payments for fb or anything on its network unless they start selling scratch off cards with airtime pin minutes like they do for cell service here
                                                                                      Aha!

                                                                                      So now imagine if FB was to go the RIM route that I discussed above, which would give them a secure platform to build NFC Payment options that integrate with any phone company's established billing system. Phone companies that offer BB services already have hardware and software that run the BB Platform. All it would take is a software update to implement micropayments over the secure BB Platform, automatically generating additional revenue for FB AND the phone company.

                                                                                      Guess how huge that would be in developing nations where BB is just beginning to see the potential of what their platform can do for such countries, but RIM (presently) doesn't have the money or vision to implement the concept.

                                                                                      FB could step in quite easily and make a sizable dent in present micropayment services.

                                                                                      FB has to break out into the money transfer/payment industry in a huge way to more forward. A phone system that integrates with established billing though the phone company is the easiest and most ubiquitous way because EVERYBODY, even poor people have a phone.

                                                                                      (Further proof: You live in the DR. Right next door, look at how much money Digicel is now making in Haiti, one of the poorest places in the region!)
                                                                                      Last edited by eroticsexxx; 05-31-2012, 02:46 PM.

                                                                                      Comment

                                                                                      • chaze
                                                                                        Confirmed User
                                                                                        • Aug 2002
                                                                                        • 9774

                                                                                        #44
                                                                                        Originally posted by AVN Theo
                                                                                        https://www.google.com/finance?client=ob&q=NASDAQ:FB

                                                                                        Wall Street shouldn't allow first place an IPO with such ridiculous evaluation.
                                                                                        If it hits $15 I might buy, neigh

                                                                                        Investing in a company that loses millions, stupid people.
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                                                                                        • HomeFry
                                                                                          Confirmed User
                                                                                          • Jun 2006
                                                                                          • 1062

                                                                                          #45
                                                                                          When it gets down to .01c/s... I'll buy them all.
                                                                                          Need Mushrooms Designed? Gimme-Website

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                                                                                          • mineistaken
                                                                                            See signature :)
                                                                                            • Apr 2007
                                                                                            • 29656

                                                                                            #46
                                                                                            Originally posted by CaptainHowdy
                                                                                            Is anyone actually surprised about that?
                                                                                            Those many people who bought at 38?

                                                                                            Comment

                                                                                            • Theo
                                                                                              HAL 9000
                                                                                              • May 2001
                                                                                              • 34515

                                                                                              #47
                                                                                              Originally posted by Roald
                                                                                              Why shouldn't they allow it?
                                                                                              It loses the trust and confidence of the investors. This wasn't another IPO, but the IPO of the decade.

                                                                                              Comment

                                                                                              • JFK
                                                                                                FUBAR the ORIGINATOR
                                                                                                • Jan 2002
                                                                                                • 67373

                                                                                                #48
                                                                                                Originally posted by _Richard_
                                                                                                facepal!

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                                                                                                • Django
                                                                                                  So Fucking Banned
                                                                                                  • Jul 2010
                                                                                                  • 2578

                                                                                                  #49
                                                                                                  Originally posted by Jman
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                                                                                                  • DTK
                                                                                                    Confirmed User
                                                                                                    • Feb 2002
                                                                                                    • 4546

                                                                                                    #50
                                                                                                    Originally posted by AVN Theo
                                                                                                    https://www.google.com/finance?client=ob&q=NASDAQ:FB

                                                                                                    Wall Street shouldn't allow first place an IPO with such ridiculous evaluation.
                                                                                                    How un-American of you
                                                                                                    Arguing whether the Democratic or Republican party is better is like debating which steaming pile of shit is slightly less stinky.

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