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DOG stock of the year so far - Facebook. Good job Zuck

Discussion in 'BlackHat Lounge' started by loclhero, May 22, 2012.

  1. loclhero

    loclhero Supreme Member

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    What a dog after all the hype. Can't even maintain it's offer price on the first day and falls another 11% today.
     
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  2. BassTrackerBoats

    BassTrackerBoats Moderator Staff Member Moderator Jr. VIP

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  3. flymethod

    flymethod Regular Member

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    Only thing that kept it from doing that the first day was the big boys were holding it up.
     
  4. loclhero

    loclhero Supreme Member

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    And still falling....lmao. Down almost another 4%. Zuck lost 2.2 billion yesterday alone.
     
  5. Zuckerberg

    Zuckerberg Regular Member

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    The price will keep dropping until it levels out at its actual share value i think :). Then it'll become stable.
     
  6. Roparadise

    Roparadise BANNED BANNED

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    imho, it should be a $4-$5 stock.
     
  7. Hunwarrior

    Hunwarrior Senior Member

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    read somewhere that some estimates put price on $20 in 1 week. That would be huge fail.
     
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  8. ohaider

    ohaider Senior Member

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    You have to realize the company was valued at over 100 times its revenue!
    Google is valued only at 18 times its revenue, so if FB started with a valued worth of 104B it's revenue is 1.4 B/y so if it was valued like Google it's be a total worth of 25.2B making the stock worth only 24% of its asking price of 38 bucks... or $9.12 a share

    Being that internet stocks tend to pop quickly I'd be shorting the stock to about 15-20 bucks over a small margin of time.
     
    Last edited: May 22, 2012
  9. lancis

    lancis Elite Member

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    Given that major advertisers (such as General Motors) are pulling out and that US traffic is diminishing, I would say the cost should be even lower.
     
  10. mrtwister_65

    mrtwister_65 Regular Member

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    For real life empires to fall takes a long time. Virtual empires die over a matter of days.
     
  11. zenoGlitch

    zenoGlitch Executive VIP

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    I will buy at $22, what's your buy numbers?
     
  12. orbit

    orbit Regular Member

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    I'll buy at $4
     
  13. oxonbeef

    oxonbeef BANNED BANNED

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    The real reason why Facebook went public is because
    they couldn't figure out the privacy settings either!

    I'm after a facebook share certificate it could be worth money when the company is worthless.
     
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  14. Hunwarrior

    Hunwarrior Senior Member

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    dont buy, sell now, check out my thread, it is in my sig.

    lol. sig is deleted, thread is deleted, so.... i keep it myself :D
     
    Last edited: May 23, 2012
  15. pxoxrxn

    pxoxrxn Supreme Member

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    Facebook has the same future as myspace. Another social network will come along and take over, then another one after that. It will be so until the end of time, because people like change and when times are easy innovation slows, the company brings in cheaper employees. The only company I have seen to stay away from this is google and they have built themselves up so high that it would take a revolutionary, computer genius to catch up in just a life time.

    Making a social network website is repetitively easy compared to making a real life empire. So if someone with some new, innovative ideas comes along with the means to build something. They are fucked. Good luck to him but I think the whole FB thing has been blown out of proportion with a god damn movie... If there is a publicity stunt any webmaster could dream of its a block buster movie.
     
  16. ferma231

    ferma231 Elite Member

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    So that means if facebook dies, then google plus taking over fb? I lnow that google deleted few k youtube accounts (active accs) so when they make new acc they would be instantly on google plus.1 nasty move from g+