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+--- Thread: Facebook IPO! To BUY or Not to Buy!!!!!? (/thread-14991.html)
Facebook IPO! To BUY or Not to Buy!!!!!? - Mike - 10-15-2012 09:18 PM
As all of you have probably heard, Friday is the big day. Facebook IPO on nasdaq! What are your thoughts?!
I would like to hear from real investors or ppl who know about the market and not ppl who don't own stocks or watch the market who just speculate!
Everyone I know is trash talking the move and saying fb is on a downward spiral. While I agree about the downward spiral somewhere in the near future I'm still incredibly tempted to throw in about 10k and then leave after I get my 10%. I think it might work because internationally fb has not entirely opened up to the asian and south american markets, and as it catches on internationally it could double its present size. But, who knows. Should I buy in or wait two months or forget it? Would love to hear anyone's thoughts on this!!
- simple logic - 10-15-2012 09:26 PM
the major financial institutions / inside investors have the first crack to buy there stock, so by the time you are ready to stock up Facebook stock for 30 bucks a share it will have gone up considerably but if you can get it at a reasonable price have at it just dont expect the stock to not already be too saturated by the time you want to buy
- Singha - 10-15-2012 09:26 PM
Hi,
One funny story.
While a finance professor and a trader walking down, trader saw a rupees five hundred note lying on the road but the finance professor said no brother if it’s really a rupees five hundred note lying on the road somebody would have grab it.
- John W - 10-15-2012 09:26 PM
In behavioral economics, they do a game where they have people bid on a $20 bill with the condition that the person with the second highest bid owes the final bid minus $1. The bids usually run up to $28 for the $20 bill. The prices on Facebook aren't going to make sense for quite a while and if you get caught up in it, you will most assuredly not be paying a reasonable price.
- underexposed... - 10-15-2012 09:26 PM
I prefer to watch fireworks rather than get burned by them :-)