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  • JOEJOEJOE
    JOEJOEJOE Posts: 10,829
    sell in May and go away?
  • 81
    81 Needing a ride to Forest Hills and a ounce of weed. Please inquire within. Thanks. Or not. Posts: 58,276
    JOEJOEJOE wrote:
    sell in May and go away?

    no :lol:
    81 is now off the air

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  • FenwayFaithful
    FenwayFaithful Posts: 8,626
    Facebook to IPO at a price range of 28-35/share. Staying away?
    "FF, I've heard the droning about the Sawx being the baby dolls. Yeah, I get it, you guys invented baseball and suffered forever. I get it." -JearlPam0925
  • JOEJOEJOE
    JOEJOEJOE Posts: 10,829
    FenwayFaithful wrote:
    Facebook to IPO at a price range of 28-35/share. Staying away?

    My brokerage doesn't allow flipping of IPO shares, so I'd be nervous to have to wait 30 days to sell in case it tanks!
  • 81
    81 Needing a ride to Forest Hills and a ounce of weed. Please inquire within. Thanks. Or not. Posts: 58,276
    JOEJOEJOE wrote:
    FenwayFaithful wrote:
    Facebook to IPO at a price range of 28-35/share. Staying away?

    My brokerage doesn't allow flipping of IPO shares, so I'd be nervous to have to wait 30 days to sell in case it tanks!
    Really?
    81 is now off the air

    Off_Air.jpg
  • Phantom Pain
    Phantom Pain Posts: 9,876
    FenwayFaithful wrote:
    Facebook to IPO at a price range of 28-35/share. Staying away?

    My buddy and I at work were talking about that

    Im interested
    My drinking team has a hockey problem

    The ONLY thing better than a glass of beer is tea with Miss McGill



    A protuberance of flesh above the waistband of a tight pair of trousers
  • FenwayFaithful
    FenwayFaithful Posts: 8,626
    This sucks
    "FF, I've heard the droning about the Sawx being the baby dolls. Yeah, I get it, you guys invented baseball and suffered forever. I get it." -JearlPam0925
  • 81
    81 Needing a ride to Forest Hills and a ounce of weed. Please inquire within. Thanks. Or not. Posts: 58,276
    FenwayFaithful wrote:
    This sucks

    fuckin debt laden bullshit
    81 is now off the air

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  • green mountain man
    green mountain man Posts: 735
    :( :( :( :cry::cry::cry:
  • Black Diamond
    Black Diamond Posts: 25,109
    My friend is the new CIO at JP Morgan :lol: :fp:
    GoiMTvP.gif
  • DS1119
    DS1119 Posts: 33,497
    I blame the Greek teachers.
  • 81
    81 Needing a ride to Forest Hills and a ounce of weed. Please inquire within. Thanks. Or not. Posts: 58,276
    DS1119 wrote:
    I blame the Greek teachers.

    fuckin...pay your bills. :fp:
    81 is now off the air

    Off_Air.jpg
  • 81
    81 Needing a ride to Forest Hills and a ounce of weed. Please inquire within. Thanks. Or not. Posts: 58,276
    Black Diamond wrote:
    My friend is the new CIO at JP Morgan :lol: :fp:


    if they have a few more dollars to lose, let me know. :fp:
    81 is now off the air

    Off_Air.jpg
  • rick1zoo2
    rick1zoo2 between a rock and a dumb place Posts: 12,632
    ok, help me understand this: the Facebook IPO is now estimated to raise $16B. I assume that the value of Facebook is mainly derived from future revenues, which I still don't quite understand how they are generated and to the magnitude that would warrent such a huge value. So other than the fact that it is a hot company right now, which is driving up the value, how can anyone think that this would be a good long-term investment?

    Second thing I don't get is what do they need $16B for? It's not as if they are building massive factories or facilities. If they go bankrupt, was assets will they have to sell off to creditors?
  • 81
    81 Needing a ride to Forest Hills and a ounce of weed. Please inquire within. Thanks. Or not. Posts: 58,276
    looks like about half is going to current owners that are selling. zuckerburg or whatever his name is getting over a billion of it. some artist dude is in line to get 200M+

    if you are bored and want to read about it

    http://www.nasdaq.com/markets/ipos/fili ... id=8218637

    in Q1 of this year, 82% of the revenue was advertising, with the rest being payment processing for facebook purchases (this farmville).

    seems like people are over paying for facebook at these levels. i dunno...
    81 is now off the air

    Off_Air.jpg
  • rick1zoo2
    rick1zoo2 between a rock and a dumb place Posts: 12,632
    it just looks to me to be overvalued. at the end of the day, no physical plant other than some data centers and servers and no real product that is being sold or produced.
  • Black Diamond
    Black Diamond Posts: 25,109
    rick1zoo2 wrote:
    it just looks to me to be overvalued. at the end of the day, no physical plant other than some data centers and servers and no real product that is being sold or produced.
    Who cares? It's new and shiny and I want one daddy!! :lol:
    GoiMTvP.gif
  • 81
    81 Needing a ride to Forest Hills and a ounce of weed. Please inquire within. Thanks. Or not. Posts: 58,276
    rick1zoo2 wrote:
    it just looks to me to be overvalued. at the end of the day, no physical plant other than some data centers and servers and no real product that is being sold or produced.

    i think it's over valued as well, but not because they don't produce a physical product. lots of companies don't produce anything physical. just look at google, or microsoft, or your local cpa.
    81 is now off the air

    Off_Air.jpg
  • rick1zoo2
    rick1zoo2 between a rock and a dumb place Posts: 12,632
    true.

    but, f facebook
  • rick1zoo2
    rick1zoo2 between a rock and a dumb place Posts: 12,632
    ok, I am getting a better idea of it:

    http://www.cnn.com/2012/05/16/tech/soci ... ?hpt=hp_c1


    still: f facebook

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