Facebook IPO

[Boxerdaddy]

It's on the NASDAQ. I just checked etrade and I won't be able to buy til Monday at the earliest. So with that I'll probably wait for a dip

 

[Go2Guy]

It's on the NASDAQ. I just checked etrade and I won't be able to buy til Monday at the earliest. So with that I'll probably wait for a dip

Monday??

It should start trading in about 1-hr (10:30 EST). There's a huge backlog of shares exchanged and I'm sure the traders need to settle out before offering to public, but I would expect later this am to see shares trading.

 

[bringmagicback]

No one thing will usurp it, but it will be multiple things. Maybe dozens.

How much bigger can Facebook get? By now 99% of people who want to be on it are already on it.

Correct, however think of the billions of kids that are to young to have facebook. If they can get 50% of the current market they will more than likely get about 75-80% of that younger market.

The obvious poo poo on that is that they have no buying power. Your not selling buying power. You are selling brand awareness for the future. Yes, I watched the facebook doc. the other night lol.

 

[ianoconnor]

They said Facebook is already worth more than Kraft and Disney. Since i do this for a living, i have to say I would rather own Kraft or Disney for the long run. Not sure if FB will be around in 5-10 years (pretty sure that poor pople will still be eating Mac'N Cheese).........I am noet on FB or the other sites, but i thought there was a hot site a few years ago called MySpace - how's that doing?

The more stories you hear about FB taking your personal info and selling it - people will realize that they want more privacy and i guess in the next year or two you will see a decline in users. Just my 2 cents and that's probably all its worth.

Woah, woah, woah. Slow your roll. You think the delicious culinary great, Mac & Cheese, is only for poor people?!?

:no:

 

[Boxerdaddy]

Monday??

It should start trading in about 1-hr (10:30 EST). There's a huge backlog of shares exchanged and I'm sure the traders need to settle out before offering to public, but I would expect later this am to see shares trading.

True it will start trading...but it won't let me buy thru them until Monday. It may be different for each brokerage.

 

[Go2Guy]

True it will start trading...but it won't let me buy thru them until Monday. It may be different for each brokerage.

I'm with TD Ameritrade; I'll post later if shares are available. Seems unusual certain brokerages won't have volume.

I could understand if there were none available for shorting....

 

[erikbj]

Woah, woah, woah. Slow your roll. You think the delicious culinary great, Mac & Cheese, is only for poor people?!?

:no:

sorry for my quick judgement on the people who enjoy that fine cuisine.

 

[erikbj]

I understand your point but DIS and KFT have been dead money for years. Only a decent dividend on KFT has made it worth consideration. That said, this is not an endorsement of FB as I know little to nothing about their financials.

Ok, i just used a couple companies that have been around for 50 years and will probably be around for another 50 - there are a number of examples that would be better LONG term investments than FB. FB, may turn out to be like google, but i have a feeling that in 4-5 years, this will be a stock that no one wants.

 

[dmclone]

What the hell? When is this thing going to start trading?

 

[BigLame]

sorry for my quick judgement on the people who enjoy that fine cuisine.

The lobster mac & cheese @ Ruby Tuesdays is decadent & delicious

 

[CyFan61]

I'm with TD Ameritrade; I'll post later if shares are available. Seems unusual certain brokerages won't have volume.

I could understand if there were none available for shorting....

Schwab won't let accounts worth <$100K do anything with FB for at least the first few hours that it trades today (and maybe all day, I'm not sure).

 

[JY07]

Schwab won't let accounts worth <$100K do anything with FB for at least the first few hours that it trades today (and maybe all day, I'm not sure).

i don't have 100k in my account and they let me place an order

 

[Cyclonepride]

Up 10% at open, but I'm wondering how many big traders are going to cash out after the initial surge?

 

[Go2Guy]

No problem getting shares.

Stock was slammed down to $38 and hold for a few minutes. I might join the Casino today and see if it will close at $42.

 

[JWIL4CY]

I got my shares just above $38 so we will see how it goes!

 

[Go2Guy]

I had a partial order of 820 shares filled at $38.06.

Now, do I hold till Monday...hummmmm?

 

[dmclone]

I had a partial order of 820 shares filled at $38.06.

Now, do I hold till Monday...hummmmm?

Wow that's a lot of money on FB.

 

[Farnsworth]

I had a partial order of 820 shares filled at $38.06.

Now, do I hold till Monday...hummmmm?

subtle I have tons of money to throw around on risky investments post.

edit: thought you got in at 43 like most others, 38.06, nice.

 

[Wesley]

Facebook's new billionaires - Mark Zuckerberg (1) - CNNMoney

 

[Wesley]

Wait till CF goes IPO....