I hope nobody here bought Facebook stock

[Cajuncowboy]

It's down 13% right off the bat.

 

[YosemiteSam]

You were blind as a bat if you didn't think this was coming.

Facebook is losing users. Facebook is as big as it can get now. (ie, at TOP value) Facebook went public for the sole reason to make the owners richer by feeding on ignorant investors who don't know any better. The reason they didn't go public long ago? They didn't need too. They had the cash they needed. They didn't need to go public now either. They did so now, just to suck in as much free cash as they could.

For anyone that actually bough FB stock. You are a damn sucker!

 

[basstapp]

It has no revenue model. Groupon, *******, Facebook and a lot of these other .com companies will never be successful long term.

 

[StevenOtero]

The Stock Market is a casino anyway. Give me tangible assets: Gold, Silver, Ammunition, and so on.

 

[theogt]

I was a little surprised they priced it at the top end of the range. Clearly the demand was there to buy into the IPO -- they could have priced even higher. But it was obvious it couldn't sustain that price level in trading. I think it tends to look bad when that is done.

 

[TheDallasDon]

The Stock Market is a casino anyway. Give me tangible assets: Gold, Silver, Ammunition, and so on.

Apparently someone doesn't follow politics........
it was said that Gold is not a form of currency, anywhere.

Come on dude you got to blindly follow what these guys say.

Its the none-backed up paper that has value.....get with the program

 

[wittenacious]

You were blind as a bat if you didn't think this was coming.

Facebook is losing users. Facebook is as big as it can get now. (ie, at TOP value) Facebook went public for the sole reason to make the owners richer by feeding on ignorant investors who don't know any better. The reason they didn't go public long ago? They didn't need too. They had the cash they needed. They didn't need to go public now either. They did so now, just to suck in as much free cash as they could.

For anyone that actually bough FB stock. You are a damn sucker!

AOL Part Deux?

I've stayed clear of FB altogether. Not my thing.

 

[rynochop]

It has no revenue model. Groupon, *******, Facebook and a lot of these other .com companies will never be successful long term.

Ha, what didn't get past the ever strict censor words. But yeah, when I hear that Facebook is a bigger company than McDonald's red flags go up. I did think it would do better its first couple days if someone wanted a short term play.

 

[Cajuncowboy]

Ha, what didn't get past the ever strict censor words. But yeah, when I hear that Facebook is a bigger company than McDonald's red flags go up. I did think it would do better its first couple days if someone wanted a short term play.

They said it was more valuable than Disney.
I don't blame Zuckerberg though. He played this very well. And now, he is a billionaire at a young age. Now go buy an island and have a blast. Why not?

A fool and their money are soon parted.

 

[Cajuncowboy]

The Stock Market is a casino anyway. Give me tangible assets: Gold, Silver, Ammunition, and so on.

Nice.

 

[kapolani]

Too bad you couldn't short it from the onset.

$AAPL was good to get into Friday. Bought a block of shares and sold them off after lunch to get some vacation money.

As for gold and silver - waste of time and money to get in now. Ammunition is good. At least you can hunt with that. You can't eat gold and silver.

Much rather by food and med supplies if you think the apocalypse is near.

 

[Reality]

Facebook is as big as it can get now. (ie, at TOP value)

Exactly! Once a company like Facebook reaches this point, their goals transition from growth to retention. The company will likely make periodic acquisitions in an effort to retain their traffic levels, but a slow decline is inevitable.

Facebook went public for the sole reason to make the owners richer by feeding on ignorant investors who don't know any better. The reason they didn't go public long ago? They didn't need too. They had the cash they needed. They didn't need to go public now either. They did so now, just to suck in as much free cash as they could.

They had VC firms drooling at a chance to put money into the company making the previous investors even more wealthy after each round of investments. Once the the investor pools started to dry up and traffic growth started slowing, it was time to cash out.

#reality

 

[TheDallasDon]

Too bad you couldn't short it from the onset.

$AAPL was good to get into Friday. Bought a block of shares and sold them off after lunch to get some vacation money.

As for gold and silver - waste of time and money to get in now. Ammunition is good. At least you can hunt with that. You can't eat gold and silver.

Much rather by food and med supplies if you think the apocalypse is near.

Do you know what apocalypse means?
If so why would u need food or anything else for that matter?

 

[StevenOtero]

Apparently someone doesn't follow politics........
it was said that Gold is not a form of currency, anywhere.

Come on dude you got to blindly follow what these guys say.

Its the none-backed up paper that has value.....get with the program

: "We buy gold and give you toilet paper FRNs for it!"

 

[kapolani]

Do you know what apocalypse means?

If you follow with the prepping movement apocalypse has begun to signify any type of 'end of time' scenario. End of oil. EMP with extended power outages etc.

If so why would u need food or anything else for that matter?

So you can eat...

In the above cases gold and silver aint gonna do poop for you.

 

[TheDallasDon]

If you follow with the prepping movement apocalypse has begun to signify any type of 'end of time' scenario. End of oil. EMP with extended power outages etc.



So you can eat...

In the above cases gold and silver aint gonna do poop for you.

a·poc·a·lypse /əˈpäkəˌlips/Noun: 1. The complete final destruction of the world, esp. as described in the biblical book of Revelation.

No food necessary

 

[kapolani]

a·poc·a·lypse /əˈpäkəˌlips/Noun: 1. The complete final destruction of the world, esp. as described in the biblical book of Revelation.

No food necessary

If you follow the prepping movement apocalypse has begun to signify any type of 'end of time' scenario. End of oil. EMP with extended power outages etc.

Not talking about the bible.

 

[TheDallasDon]

If you follow the prepping movement apocalypse has begun to signify any type of 'end of time' scenario.

Not talking about the bible.

Sound like the same thing 2 me.....can't come back from total destruction, you only delay the inevitable.

 

[kapolani]

Sound like the same thing 2 me.....can't come back from total destruction, you only delay the inevitable.

Well... You're talking about total destruction. I'm not.

In a disaster situation, where there will be no long-term outside support, food would be very useful to have around.

 

[Phoenix]

ha ha, some of my coworkers bought this and I've been hearing all their cries of angst today :laugh2: