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Facebook stock questions?
10-15-2012, 09:27 PM
Post: #1
Facebook stock questions?
Okay so I have a few questions about the facebook stock.

1) I heard its coming out 5/18/12. Is this true?
2) If it does come out 5/18/12, does it show up the second the stock market is open that day?
3) What is the stock price going to be? My research told me about $13, now im hearing $34-38. What is the truth?
4) The symbol is FB right?
5) What are your opinions on the stock??

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10-15-2012, 09:35 PM
Post: #2
 
1 don't know
2 yes
3 around $40
4yes
5 Don't like it. I think it is way too hyped up. I wouldn't buy FB but I wouldn't short it either.

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10-15-2012, 09:35 PM
Post: #3
 
You would have to be an idiot to buy this stock. Of course, there are lots of idiots who will buy this stock...
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10-15-2012, 09:35 PM
Post: #4
 
1) Yes, True.
2) The actual stock price will post thursday, 5/17/2012, It will be available to buy 5/18/2012.
3) The latest and greatest stock price is $34-38 (We'll know for sure the 17th)
4) FB is the ticker, if you add it to your watch-list on your brokerage site and click the ticker, it will direct you to Facebook Inc along with the latest headlines and stock prices targets.
5) I like FB as a short-term, I'll be buying $50,000 worth of FB shares and will be selling within two weeks. FB is a risky long-term, but it's almost guarenteed to raise ridiculous amounts the first two weeks.
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10-15-2012, 09:35 PM
Post: #5
 
FB doesn't really do much for its clients. It collects a ton of information, yet it is to be seen how valuable that will turn out to be. It generally has an untested business plan. Who knows how to wring money out of it? It is very invasive for no apparent reason.

Communication can happen other ways, so I think it is over hyped. After a time, the price will go down. The money to be made on it has already likely happened.

Yes, I do have FB, and I'm extremely careful on what I put on it. I still have a job.
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10-15-2012, 09:35 PM
Post: #6
 
I agreed with GOD, It is too hyped up..for now.
I am sure they are going to "even out" and have consistent long term returns and growth but as for immediate gain I would wait til it finds some indication of stability. My suggestion would be not to jump right in with the herd just because it is getting all this media attention.
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10-15-2012, 09:35 PM
Post: #7
 
1. Yes
2. Yes
3. $34-$38... Could be MUCH HIGHER once YOU could but it!
4. True, FB.
5. Stay Away from it... Do not Buy!
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