Is the Facebook IPO worth buying into?

[rsh]

This is awesome, hard for it to fall below 38.00 when there is this order LOL - some one wants 10 million shares at 38

38.00 x9,999,900

 

[wat44]

Everything I read says stay away.

However, value and rarely align. Speculators might make money, but you won't see buffet on the shareholder register...

 

[cybee]

I hope they fail.

:lol1:

I'm still waiting for RWI's IPO...I'm jumping all over that one whenever it happens :maty:

 

[AskMeAgain]

advertising revenue down 6% in the quarter, the 2nd highest private release of shares, speculator territitory only.

 

[RWIGWH]

Buy low, sell high. Pretty simple.

 

[trailboss99]

This is awesome, hard for it to fall below 38.00 when there is this order LOL - some one wants 10 million shares at 38

38.00 x9,999,900

prob the same 10 million he sold at 42 :lol:

 

[rsh]

I am pretty sure that was an attempt to keep the shares above IPO price.....if it fell to the sub 38 area, it may fall way below

 

[ViperGTS]

FYI the stock is down $4 today

 

[KBH]

"Facebook's Decline Triggers Restrictions On 'Shorting' The Stock Under SEC Rules"

"Facebook Shares Trigger Short Sale Breaker, Limits Sale Price"
Dow Jones

I've got a small order in at $33 just for grins. It hit $33 earlier in the morning and I didn't get filled.

 

[frigpig]

It's like watching a slow motion train crash before the train even leaves the station.

 

[rsh]

"Facebook's Decline Triggers Restrictions On 'Shorting' The Stock Under SEC Rules"

"Facebook Shares Trigger Short Sale Breaker, Limits Sale Price"
Dow Jones

I've got a small order in at $33 just for grins. It hit $33 earlier in the morning and I didn't get filled.

If you would be happy with that at 33, cancel the order and buy tomorrow or next day

 

[fakemaster]

FB uses it's members personal information to sell and direct advertising. So the number of users is directly related to revenue. Eventually the next big network site will come along and FB will be pushed aside like Myspace, friendster, xanga etc.

 

[wat44]

It has a PE of 100... Could easily trade under $10 one day

warren buffet wouldnt buy this over $1 - the yearly profit is $0.35 per share. People buying this have lots of faith.

 

[wat44]

 

[Sora]

1st day of the week and it dropped 10%.. looks like retail is very uninterested in the stock, would wait for its 1st quarter earnings to come out and then make a analysis... 24 dollars looks like what this stock is worth now..

 

[Wacker23]

Thank god i didnt buy that crap.

 

[wat44]

Down again.... 31

 

[redrising]

Morgan Stanley screwed the investors?


http://www.cnbc.com/id/47523622

 

[wat44]

$27....

 

[Wacker23]

Man am i glad i didnt go in that