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ChrisG
Wakeboarder.Commie
Joined: 24 May 2005
Posts: 1123
City: Brentwood, CA
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 Posted: May 17, 2012 12:04 pm Post subject: Countdown to FB IPO |
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| Anyone jumping in? |
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chavez
Ladies Man
Joined: 22 Sep 2003
Posts: 27375
City: Roseville
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| Posted: May 17, 2012 12:12 pm Post subject: |
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I'd love to comment, but I can't. 
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| Quote: | | That's Mr. Gingermex to you a$$hole. |
RIP MHL 04/25/1958 - 01/11/2006 |
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ChrisG
Wakeboarder.Commie
Joined: 24 May 2005
Posts: 1123
City: Brentwood, CA
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| Posted: May 17, 2012 12:28 pm Post subject: |
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My wife really wants to buy stock but I'm not convinced. And if I don't pull the trigger and the stock skyrockets (similar to Amazon and Google), I'll never hear the end of it.  |
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jryoung
Ladies Man
Joined: 19 Mar 2004
Posts: 7664
City: Man Jose
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| Posted: May 17, 2012 12:32 pm Post subject: |
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I've thought about selling all my vested shares in my company right now and buying FB for kicks anf giggles. There isn't a ton of value in my shares right now and i've never really considered them "cash".
A consultant out here who also consults with a small VC firm that was early to fund says all 5 employees stand to make over $100M each tomorrow. They said they're all taking next week off.
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| Quote: | | You don't meet many old vegans. It's mostly young priviliged kids trying to figure out where they stand in the world. |
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chavez
Ladies Man
Joined: 22 Sep 2003
Posts: 27375
City: Roseville
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| Posted: May 17, 2012 12:41 pm Post subject: |
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| ChrisG wrote: | | My wife really wants to buy stock but I'm not convinced. And if I don't pull the trigger and the stock skyrockets (similar to Amazon and Google), I'll never hear the end of it. |
Your wife, much like my wife, is thinking emotionally. I don't have that luxury.
jryoung, house money?
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| Quote: | | That's Mr. Gingermex to you a$$hole. |
RIP MHL 04/25/1958 - 01/11/2006 |
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ChrisG
Wakeboarder.Commie
Joined: 24 May 2005
Posts: 1123
City: Brentwood, CA
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| Posted: May 17, 2012 12:58 pm Post subject: |
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chavez - this is the same wife that wanted to buy Apple stock about 10 years ago.  |
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jryoung
Ladies Man
Joined: 19 Mar 2004
Posts: 7664
City: Man Jose
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| Posted: May 17, 2012 1:02 pm Post subject: |
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House money as in remodel or landscape or house money as in "playing with the house money"
It's essentially the latter, I get RSUs and with our declining value since I started i've never really accounted for them. Basically I only really see upside potential since i've never "accounted" for them
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| Quote: | | You don't meet many old vegans. It's mostly young priviliged kids trying to figure out where they stand in the world. |
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ChrisG
Wakeboarder.Commie
Joined: 24 May 2005
Posts: 1123
City: Brentwood, CA
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| Posted: May 17, 2012 1:03 pm Post subject: |
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| Quote: | | NEW YORK (CNNMoney) -- After four months of paperwork, hype and speculation, the last piece of the Facebook IPO is in place: Facebook said it has priced its IPO at $38 a share. |
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jryoung
Ladies Man
Joined: 19 Mar 2004
Posts: 7664
City: Man Jose
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| Posted: May 17, 2012 1:19 pm Post subject: |
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When I first saw an iPod in September 2003 (ironically on a trip to San Jose from CT where I was packing my 100 CD Case Logic) I said they are going to make a killing probably a good stock investment at their current price $8ish....but I was fresh out of college and broke
In the summer of 2004 I was on the audit team for the Q2 review of Googles financials...a month before they went public. Eventhough I was blacked out and with a different firm the next spring I still knew they were a buy at 150....but I didn't.
There have been a handfull of other companies that Iwish I would have jumped on....one that was $90 in March 09 at the bottom.....the are north of 500 today.
These past passes but good insight (luck) really has me wondering right now. I don't want to add another to the list....but don't want to buy on "tilt".
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| Quote: | | You don't meet many old vegans. It's mostly young priviliged kids trying to figure out where they stand in the world. |
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chavez
Ladies Man
Joined: 22 Sep 2003
Posts: 27375
City: Roseville
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| Posted: May 17, 2012 1:28 pm Post subject: |
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| ChrisG wrote: | | Quote: | | NEW YORK (CNNMoney) -- After four months of paperwork, hype and speculation, the last piece of the Facebook IPO is in place: Facebook said it has priced its IPO at $38 a share. |
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Depending on demand, it might open higher. Potentially much higher. The price is just the initial setting. The "free" market will set the price.
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| Quote: | | That's Mr. Gingermex to you a$$hole. |
RIP MHL 04/25/1958 - 01/11/2006 |
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nmballa
Wakeboarder.com Freak
Joined: 14 Jan 2003
Posts: 3906
City: Milwaukee
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| Posted: May 17, 2012 5:32 pm Post subject: |
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My only kicker was when Case tractor was folding and a friend of a friends dad mentioned that another company was in talks. Didn't do a thing and the stock jumped by a stuff ton the day the new broke. Think it shot up something like multiple times. And I was sitting on a good lump of change from a malpractice suite trying to figure out what to do with it. Damnit...
And yes, the suite was justified. I would have gladly have given the monies back in exchange for the damage caused.
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jt09 wrote:
I used to get all happy when the girlie would make a colonic appointment. That meant she was going to be breaking out the "fine china" soon.
http://www.facebook.com/profile.php?id=509037985&ref=profile |
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chavez
Ladies Man
Joined: 22 Sep 2003
Posts: 27375
City: Roseville
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| Posted: May 18, 2012 7:13 am Post subject: |
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Looking like it will launch between 42-45...
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| Quote: | | That's Mr. Gingermex to you a$$hole. |
RIP MHL 04/25/1958 - 01/11/2006 |
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jt09
Ladies Man
Joined: 16 Jan 2003
Posts: 22083
City: Austin
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| Posted: May 18, 2012 7:24 am Post subject: |
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| facebook has flop written all over it, especially for the general public who is going to buy that second wave of shares. |
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chavez
Ladies Man
Joined: 22 Sep 2003
Posts: 27375
City: Roseville
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| Posted: May 18, 2012 7:33 am Post subject: |
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Opened at $42.05 and is not moving much off that just yet. Did bounce to 45 for a flash, but it's quiet right now.
If it drops back 3-5%, I think you will a sell off.
41.2 now
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| Quote: | | That's Mr. Gingermex to you a$$hole. |
RIP MHL 04/25/1958 - 01/11/2006 |
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chavez
Ladies Man
Joined: 22 Sep 2003
Posts: 27375
City: Roseville
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| Posted: May 18, 2012 7:34 am Post subject: |
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Wow... 40.5 now. Momentum is on the downside!
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| Quote: | | That's Mr. Gingermex to you a$$hole. |
RIP MHL 04/25/1958 - 01/11/2006 |
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chavez
Ladies Man
Joined: 22 Sep 2003
Posts: 27375
City: Roseville
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| Posted: May 18, 2012 7:37 am Post subject: |
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$40.... seems like there is support at this level. It broke for a moment down to 39.8 but went right back to 40.
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| Quote: | | That's Mr. Gingermex to you a$$hole. |
RIP MHL 04/25/1958 - 01/11/2006 |
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jcush313
Soul Rider
Joined: 12 Aug 2008
Posts: 322
City: Fayetteville
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| Posted: May 18, 2012 7:40 am Post subject: |
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| Wish i would have gotten in at 39.8. dangit!!!! |
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chavez
Ladies Man
Joined: 22 Sep 2003
Posts: 27375
City: Roseville
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| Posted: May 18, 2012 7:46 am Post subject: |
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Just broke support, now just above 39 - jcush you'd be in the red right now
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| Quote: | | That's Mr. Gingermex to you a$$hole. |
RIP MHL 04/25/1958 - 01/11/2006 |
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jcush313
Soul Rider
Joined: 12 Aug 2008
Posts: 322
City: Fayetteville
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| Posted: May 18, 2012 7:48 am Post subject: |
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I can't say I'm surprised by this. I think it's going to take a big dip, and level out.
I will buy in later this afternoon i'm thinking |
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chavez
Ladies Man
Joined: 22 Sep 2003
Posts: 27375
City: Roseville
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| Posted: May 18, 2012 7:49 am Post subject: |
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38.5 and still downward momentum
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| Quote: | | That's Mr. Gingermex to you a$$hole. |
RIP MHL 04/25/1958 - 01/11/2006 |
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chavez
Ladies Man
Joined: 22 Sep 2003
Posts: 27375
City: Roseville
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| Posted: May 18, 2012 7:50 am Post subject: |
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Man the institutions just bitchslapped a whole lotta retail buyers.
about to break below $38...
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| Quote: | | That's Mr. Gingermex to you a$$hole. |
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jcush313
Soul Rider
Joined: 12 Aug 2008
Posts: 322
City: Fayetteville
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| Posted: May 18, 2012 7:51 am Post subject: |
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| Why do you think this is??? So glad i didn't pull the trigger right away now! |
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jcush313
Soul Rider
Joined: 12 Aug 2008
Posts: 322
City: Fayetteville
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| Posted: May 18, 2012 7:52 am Post subject: |
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| also have you noticed the volume? 109 mil when i started watching to 190 mil in a matter of 15 minutes. |
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chavez
Ladies Man
Joined: 22 Sep 2003
Posts: 27375
City: Roseville
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| Posted: May 18, 2012 7:54 am Post subject: |
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jcush313, institutional got filled - more than they expected. They sold off what they didn't really want and made a killing on the back of the retail investors.
IOW - you aren't smarter than institutional, and they took advantage.
Support at 38. Holding tough... for now!
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| Quote: | | That's Mr. Gingermex to you a$$hole. |
RIP MHL 04/25/1958 - 01/11/2006 |
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chavez
Ladies Man
Joined: 22 Sep 2003
Posts: 27375
City: Roseville
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| Posted: May 18, 2012 7:55 am Post subject: |
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jcush313, backlog of orders getting filled
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| Quote: | | That's Mr. Gingermex to you a$$hole. |
RIP MHL 04/25/1958 - 01/11/2006 |
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chavez
Ladies Man
Joined: 22 Sep 2003
Posts: 27375
City: Roseville
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| Posted: May 18, 2012 8:06 am Post subject: |
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So they supported the hell out of it at 38 and it has bounced nicely. 39.7 or so and seemingly leveling out.
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| Quote: | | That's Mr. Gingermex to you a$$hole. |
RIP MHL 04/25/1958 - 01/11/2006 |
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jcush313
Soul Rider
Joined: 12 Aug 2008
Posts: 322
City: Fayetteville
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| Posted: May 18, 2012 8:55 am Post subject: |
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| 40.57. should have pulled the trigger! |
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chavez
Ladies Man
Joined: 22 Sep 2003
Posts: 27375
City: Roseville
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| Posted: May 18, 2012 9:10 am Post subject: |
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It's back above 41. Shook out the initial wave and seeing where the chips fall.
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| Quote: | | That's Mr. Gingermex to you a$$hole. |
RIP MHL 04/25/1958 - 01/11/2006 |
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GnarShredd
Wakeboarder.Commie
Joined: 16 Jun 2009
Posts: 2310
City: St Pete.
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| Posted: May 18, 2012 11:47 am Post subject: |
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| jt09, Agreed. |
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ontrider
Ladies Man
Joined: 30 Jul 2003
Posts: 16491
City: Russia
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| Posted: May 18, 2012 1:37 pm Post subject: |
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| jt09 wrote: | | facebook has flop written all over it, especially for the general public who is going to buy that second wave of shares. |
What's it trading at... near 100 times earnings? Sounds like a steal. Might be some short term money to be made, but I am not buying any! |
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RampageWake
Wakeboarder.Commie
Joined: 23 Jul 2003
Posts: 2002
City: Houston
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| Posted: May 21, 2012 7:02 am Post subject: |
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| Quote: | | Facebook shares recently traded at $33.60, down 12% on the day, in brisk trading. Based on that price, the company is now valued at $92.06 billion, below the $104 billion it was worth at the time of the IPO. Facebook shares need to hit $36.50 to go above $100 billion again. |
Still time to get in! 
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| Rhawn wrote: | You should have a less retarded friend read over your posts before you hit "Submit"
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chavez
Ladies Man
Joined: 22 Sep 2003
Posts: 27375
City: Roseville
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| Posted: May 21, 2012 7:13 am Post subject: |
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RampageWake, that's my motto, buy high, sell low.
Wait a minute. 
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| Quote: | | That's Mr. Gingermex to you a$$hole. |
RIP MHL 04/25/1958 - 01/11/2006 |
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DRAGON88
Ladies Man
Joined: 12 Jan 2003
Posts: 8213
City: Portland, OR
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| Posted: May 21, 2012 8:24 am Post subject: |
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Down %11 so far today. Ouch.
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wakeboards
wakeboarding |
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goofyboy
Wakeboarder.com Freak
Joined: 19 Jul 2004
Posts: 4463
City: Houston
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| Posted: May 21, 2012 8:48 am Post subject: |
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Ouch? I think it great! Tech bubble 2.0 is off to a rocking start.
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Work SUX! |
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jryoung
Ladies Man
Joined: 19 Mar 2004
Posts: 7664
City: Man Jose
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| Posted: May 21, 2012 9:01 am Post subject: |
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What are the other tech stocks that are over inflated?
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| Quote: | | You don't meet many old vegans. It's mostly young priviliged kids trying to figure out where they stand in the world. |
- Steve Rinella |
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