Facebook IPO

bos

Legend
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Apr 10, 2006
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I would consider buying some around $20 / share and hold it through their first earnings report.

Im thinking around there too. I dont see it dipping below the lower 20's.
 

FarminCy

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Nov 14, 2009
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Nowhere and Everywhere
Yes, and Google and Amazon have a damn solid product line as well to back it up.

Exactly. Both offer products and services that can be charged for. Facebook's main push is that they have 900 million users, but that doesn't mean anything when none of those users are actually paying anything to Facebook. So the advertisers and developers need to decide how much to pay Facebook to access to those users. Google does sell advertising space but that is just one part of it's revenue, that is all of Facebook's revenue.

I think people can make money from Facebook in certain situations and given enough time. But IF Facebook is ever replaced like my space was the company goes away fast as does the value of any shares.
 

FarminCy

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Im thinking around there too. I dont see it dipping below the lower 20's.

Agreed, I think it would take a shift in the entire industry to make it fall below that.

I was thinking mid 20's to jump in but I still may find something else I like more even at that price.
 

FarminCy

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This is where I am confused as well. Does Facebook start charging at some point?

Zucherberg (sp?) has basically said they never will. Their next revenue appears to be coming from being able to buy apps within facebook.

Not sure what benefit that is but then again i'm not a big facebook user like my wife and others are.
 

CLONECONES

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Facebook's Zuckerberg Weds Girlfriend After IPO
May 21 (Bloomberg) -- Facebook Inc. Chief Executive Officer Mark Zuckerberg announced his marriage to long-standing girlfriend Priscilla Chan on his Facebook page May 19. The couple wed in a ceremony in the backyard of his home in Palo Alto, Cali...

Smartest girl in the world
 

Go2Guy

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Houston, TX
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bos

Legend
Staff member
Apr 10, 2006
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It might sink some more. They are having all sorts of problems.