Won't touch it, gambling like it 1999. The
silliness of it all, the loss of privacy and personal data is
astounding. Playing right into Big Brothers
hands.
Did a hard permanent delete cancel on 2 accounts I had
couldn't agree with you more. The loss of privacy is down
right frightening. I am probably the only other person on the
planet who refuses to use facebook. Once you post something
it is out there and it can be copied and used whenever / for
whatever. Besides, I am on the computer too much as it is, so
my social life needs to be real not virtual.
dkm9 - like Steve I won't be trading that, if I had to trade it,
I'd probably use one of my 1 and 5 min chart settings to day trade
it or scalp it, not hold it. I can't trade without charts
otherwise I feel blind, therefore some time would have to pass in
order to start populating those 1 and 5 min charts.
If you had a chance to get an allocation at the FB IPO price,
would you take it and flip it at the open? In other words, do you
expect a pop the 1st day?
Facebook
Posted by dkm9 on 16th of May 2012 at 11:33 am
Steve & Matt - I am curious if you will trade FB tomorrow...or wait? If you wait, what will you be looking for to get in the trade?
Thanks!
Won't touch it, gambling like
Posted by steveo on 16th of May 2012 at 06:14 pm
Won't touch it, gambling like it 1999. The silliness of it all, the loss of privacy and personal data is astounding. Playing right into Big Brothers hands.
Did a hard permanent delete cancel on 2 accounts I had
couldn't agree with you more.
Posted by wowten on 17th of May 2012 at 09:30 am
couldn't agree with you more. The loss of privacy is down right frightening. I am probably the only other person on the planet who refuses to use facebook. Once you post something it is out there and it can be copied and used whenever / for whatever. Besides, I am on the computer too much as it is, so my social life needs to be real not virtual.
dkm9 - like Steve I
Posted by matt on 16th of May 2012 at 11:57 am
dkm9 - like Steve I won't be trading that, if I had to trade it, I'd probably use one of my 1 and 5 min chart settings to day trade it or scalp it, not hold it. I can't trade without charts otherwise I feel blind, therefore some time would have to pass in order to start populating those 1 and 5 min charts.
Facebook
Posted by dkm9 on 16th of May 2012 at 01:02 pm
Thanks guys!
I have been subscribing long enough...I knew what your answers would be. Obviously with all the hype, I was just curious.
Richard Russell was offered part of the Facebook IPO today
Posted by lessarda on 16th of May 2012 at 11:39 pm
and he turned it down. But he's not a trader. Why not flip it out to the _______ (fill in the blank) who will buy it on the open?
just wondering.. how many of you feel comfortable that The Z man
Posted by zach06 on 16th of May 2012 at 11:59 am
holds 55 percent of the control votes in FB? If you remember.. Steve Jobs was a disaster at Zucker's age.
In addition, FB is going
Posted by mark11 on 16th of May 2012 at 12:13 pm
In addition, FB is going to be valued at or higher than McDonalds. MCD valued at 96billion BUT generates 26billion in revenue.
FB had just over 1billion in the first quarter of 2012.
I understand they are looking forward and expecting more rev out of FB , but , to me it sounds completely out of whack for now.
I read it is also
Posted by wowten on 16th of May 2012 at 12:16 pm
I read it is also priced significantly higher than GOOG at it's IPO. (I didn't check the nums on this)
Dan Fitzpatrick has an interesting IPO strategy..
Posted by tomW1 on 16th of May 2012 at 12:21 pm
Wait till it sells off (usually they fall below IPO price) and then buy when it recovers and
and exceeds the IPO price. Usually profitable.
If you had a chance
Posted by sethbru on 16th of May 2012 at 12:23 pm
If you had a chance to get an allocation at the FB IPO price, would you take it and flip it at the open? In other words, do you expect a pop the 1st day?
It also has a lot more of your data than GOOG
Posted by lessarda on 16th of May 2012 at 12:20 pm
and will be selling all of it all the time. So maybe the valuation will be justified.
I won't touch it....
Posted by steve on 16th of May 2012 at 11:37 am
I won't touch it....