Facebook Stock

So FB begins trading at 38 USD/share at 1100 EST (20 min from now). Anyone else investing in this? I am probably going to throw about $4,500 in the company.

Pretty stoked!



Edit: Filled at $41.11

Let the games begin. May hold this longterm unless it does something drastic (hit $50ish) and sell, then buy again when it neutralizes.

 

Yup I got 3 grand into it.

 

Well you're going to attempt to put 3k into it, hehe, still waiting for FB to start open trading. Hopefully it won't be too rough of a battle getting at least 100 shares.

 

If I had extra money to play around with, I'd throw down.

 

I live in the UK and I'm 15. My parents are willing to do this for me but how would I go about doing this?

 

Talk to their stock brokers, whether in person or online.

 

$104b valuation is way too high in my opinion. I'm staying far away unless I short it. It's hard to believe that they'll be able to continue growing ad revenue the way the valuation implies they will.

Also, see: Groupon, Pandora, and Zynga from 2011.

 

Agreed.

Any companies that use Facebook for applications or companies that provides services and products for Facebook (servers, etc) have gone up before they went public, nearly up 50% on a few.

I think FB stock will launch before the end of the year then crash. Its over-hyped. The rich know it and profit off it....us..lol

 

This is exactly what I thought, $104b is way overvalued if you consider the fact that a lot of the big name companies have been pulling their ads from FB because of lack of revenue from said ads.

 

Its gonna drop soon.

Too high valued atm.

 

gotta feeling u guys are gonna regret investing, facebook seems like it can only go down

 

If you put a ton of money immediately into Facebook or any huge stock that comes onto the market at an extremely inflated price..
you're gonna have a bad time.

 

Personally, I wouldn't bother investing money long term in Facebook stocks, short term if you are looking to make a quick profit would be the best idea.

The thing with social networking sites they soon become old and new sites pop up with different ideas and concepts which people are attracted to. Just have a look at myspace, once a very popular site now dead. I think twitter will soon take over Facebook.

 

Facebook stocks in quite risky to invest in. I do hope you did not put all your savings into facebook.

 

Yeah it will crash by this time next year, its a poor source of revenue from ads which leads to big companies pulling out.

 

rip if u didnt get rid of yours.

they at 34 atm and dropping.

 

Facebook went IPO way too late. It would have been worthwhile if they had started with low values shares while they were building up their new network. 104b is highly overvalued and everybody knows it.

 

Facebook is all determined by its users, it has no tangible product like Intel or Microsoft has, so I stayed away, they're 34 right now and continuing to dip.

 

If you weren't trolling, you're fucked.

linkedin/google both had incredibly successful IPOs

anyway the market is completely over saturated. The only reason that it stayed at 38 for a day or two was because of morgan stanley...

This ipo was doomed from the beginning. People just wanted to cash in on their facebook shares, and didn't really care about the resulting clusterfuck.

I don't think that was the problem. There are plenty of profitable internet/intangible company stocks.....

 

Already down nearly 20%, not looking good for anyone who put serious money in.