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[POLL] Will You Buy FaceBook Stock?

Discussion in 'BlackHat Lounge' started by themidiman, Feb 2, 2012.

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Will You Buy Facebook Stock?

  1. Yes

    0 vote(s)
    0.0%
  2. No

    0 vote(s)
    0.0%
  1. themidiman

    themidiman Power Member

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    So Facebook is looking at a $5 billion IPO, and unless you're a baller, you aren't getting in on this. But I am curious, with all the Facebook experts on here, are you confident in the ability of Facebook to generate consistent revenue, and more importantly...Grow that revenue?

    Will you buy Facebook stock?
     
  2. Oukast

    Oukast Senior Member

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    No, not only because I'm not into stock market, but because I value my next door beer seller guy more than FB stocks.
     
  3. hersbear

    hersbear Registered Member

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    No. I do not like FB. Maybe not a smart business decision but I can't see investing in something I do not like.
     
    Last edited: Feb 2, 2012
  4. Winchester

    Winchester BANNED BANNED

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    I believe that this, like many tech stock, is way over inflated. It is way higher a multiple than it's profits would indicate as valuable and its growth has already levelled off. Some people had already declared it's IPO would be $100 billion, people are morons when it comes to valuation. Watch a few episodes of Dragons Den, listen to Kevin O'Leary - The numbers don't lie.

    The only way to make money off the Facebook IPO if you aren't a current holder would be to play on the call and put options as there will be a great deal of movement on opening week. Ultimately I think it will launch at $5 billion, shoot up when the market open, maybe finish the day strong but ultimately putter out over the next weeks, months, and years as the excitement for the big social media IPO subsides.

    At the very least while you could make a profit on smart plays, and maybe even a strong opening week rise it's not a long term stock - I've seen no offers of dividend and the market room for growth is minimal.

    I'm not going to waste my money when I could make a better return on rich dividend stock such as electrical providers in brazil, while the market share price there is volatile the over all dividend return gives amazing ROI and the market still has room to stabilize and grow, that's a smart investment.

    I've always wondered why people buy into something when it's already at its' prime, other than sentimental reasons it's a waste of money!
     
  5. loclhero

    loclhero Supreme Member

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    I had kicked around the notion of taking 5 or 10 grand and buying some but decided no.
    Keep in mind that nobody other than a select few are going to get in on the IPO so we can set that aside.

    Also, I'm pretty sure that one of the reasons they are going to do the IPO when they are is that there will almost certainly be a lock up period where people with options can't sell. But on the assumption that the Bush tax cuts will expire in '13, and that the lockup will be 6 months, you're gonna see a shit load of shares going right back into the market towards the end of the year which will dilute the value.

    I am kind of guessing here but I think that's close to the mark. Even if I'm talking out my ass, I still won't buy. I have a gut feeling that FB is not going to be the same type of climber that goog was when it went public.
     
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  6. starcity83

    starcity83 Regular Member

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    No facebook is just a fad, something else will take over soon.
     
  7. themidiman

    themidiman Power Member

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    Agreed. Members, on-site time, returning visitors is great. But at the end of the day it's about money.

    I have the same feeling. I think smart investors keep their distance. Although FB has produced revenue, I don't want to hear "the possibilities are endless". I want concrete direction, which I just haven't seen from FB.
     
  8. toots

    toots Newbie

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    Internet gambling is something to consider.

    Facebook could be poised to be the platform of choice for poker and other gambling if U.S. states legalize online gambling. A recent Justice Department statement said states have the right to do so.

    At the same time, if gambling were to be a dominant feature of Facebook would that change or hurt its basic reputation/function.

    Either way, I don't think Facebook stock is as good an investment as reinvesting my profits in my own business.
     
  9. Isis

    Isis Junior Member

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    I wish I had bought Google stock, even though I've never owned stock and know very little about how it all works. I just remember how Google stock just kept going up and up. I think FB will be somewhat the same.

    13 year old kids use FB. Grandmothers use FB. That isn't going to change anytime soon. Look at what FB sparked in Egypt.
     
  10. Fuggz

    Fuggz Jr. VIP Jr. VIP Premium Member

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    Even for a tech stock it is extremely over inflated still; very very over inflated.