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Thread: Facebook Stock

  1. #11
    no clinkz 'til brooklyn Nocapszy's Avatar
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    Quote Originally Posted by Rasofy View Post
    I read it all, and your overconfidence was a bit alarming. People who bought heavy probably had the same confidence level.
    i'm not sure what about the vagueness in the way i described my skepticism of facebook stock makes you think i had some kind of specific prediction, but as i said, even i was surprised by the outcome - the overall graph takes the same shape i thought it would, but over a much shorter period of time.

    call me lucky if it makes you feel better.
    i won't go out of my way, but maybe @kyuuei can be bothered to vouch for the posts i made on facebook [ironically enough ] discouraging friends from buying the stock...
    or maybe not.
    main point is, this is not me being "smart after the fact."

    You're once again assuming you know more than you actually do. FB has a Price/Earning ratio of 41.56, while the average P/E of Dow Jones stocks is 11.89.
    i don't know or care what you're talking about.
    that's not what this thread is about.

    answer the questions like everyone else or get out.
    or find some other way to stop ruining my thread.
    we fukin won boys

  2. #12
    Emperor/Dictator kyuuei's Avatar
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    I'm extremely new to the stock market, I play it the same way a newb kid-minded grandma would.

    "What companies do I like to use myself?" "Okay, now how stable are they?" "Is anything new and interesting coming out soon?"

    Facebook feels like it's hit a plateau.. It isn't that I don't think they could do something really amazing and creative, he has the money, talent, and the personnel and supporters to back him up.. but instead they're fuckin' around with forcing timelines on people that appreciated the simpler layouts and having their fans waste time on Farmquariumvillageton.

    What new, exciting thing are they doing that will generate MORE support and MORE use than already exists? Half the world, literally half, is on Facebook. He has half the world's money, potentially, right there in the palm of his hand, but he has no way of generating it. How do you top the social network itself?
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  3. #13
    royal member Rasofy's Avatar
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    Quote Originally Posted by Nocapszy View Post
    i don't know or care what you're talking about.
    that's not what this thread is about.
    Clearly, you aren't qualified to discuss stocks.

    answer the questions like everyone else or get out.
    or find some other way to stop ruining my thread.
    I'm out. Carry on.

  4. #14
    Administrator highlander's Avatar
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    Quote Originally Posted by Nocapszy View Post
    i'm not sure what about the vagueness in the way i described my skepticism of facebook stock makes you think i had some kind of specific prediction, but as i said, even i was surprised by the outcome - the overall graph takes the same shape i thought it would, but over a much shorter period of time.

    call me lucky if it makes you feel better.
    i won't go out of my way, but maybe @kyuuei can be bothered to vouch for the posts i made on facebook [ironically enough ] discouraging friends from buying the stock...
    or maybe not.
    main point is, this is not me being "smart after the fact."


    i don't know or care what you're talking about.
    that's not what this thread is about.

    answer the questions like everyone else or get out.
    or find some other way to stop ruining my thread.
    I can see that Rasofy is saying things you don't like. It doesn't mean there is anything wrong with that. We start threads and we participate in them but we don't have any personal ownership over them unless they are a blog.

    IPOs are generally a pretty bad thing to invest in. There are people who do well but it is rarely the broader investing public. I invested in a stock once several months after the IPO and did very well after a period of years. I had some quite specific knowledge based on work experience of the technology the company made and how the demand was going to significantly increase in the future. I wish I had more money to invest at the time.

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  5. #15
    Senior Member Survive & Stay Free's Avatar
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    Its hard to know were to go to get good advice about playing the markets, for those who dont have a lot of money to invest directly I do think its just like a casino and also that there's a lot of people out there ramping prices or stock which is not worth anything, when to buy and when to sell when that's happening is really like calling red or black at the roulette wheel.

    There's a lot of money made in the UK at least with short selling and bullshit, its moving fictious numbers around a screen but it pays.

  6. #16
    Administrator highlander's Avatar
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    Quote Originally Posted by Lark View Post
    Its hard to know were to go to get good advice about playing the markets, for those who dont have a lot of money to invest directly I do think its just like a casino and also that there's a lot of people out there ramping prices or stock which is not worth anything, when to buy and when to sell when that's happening is really like calling red or black at the roulette wheel.

    There's a lot of money made in the UK at least with short selling and bullshit, its moving fictious numbers around a screen but it pays.
    Index funds and balanced portfolio. Simple.

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  7. #17
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    Ha, me too...

    With me, it was simple. I don't think the people at facebook are idiots. I think if they saw it within their interests to let go of their monopoly of their company then they did that drawing from knowledge that indicated that business was either not going to be growing, or was in fact shrinking. Why would I put my money in something that very smart people are taking their money, or means of living, out of?

    Add to that the fact the biggest thing going for them is just their sheer numbers, numbers that are going to be hard to capitalize off of due to legal issues, and the fact that ads will only produce so much revenue, and I could kind of see why the creators were willing to let it go...

    So, yeah, not that I was in any position to even think of buying, but if I happened to be in that position, I wouldn't have...not without a history of upward tendencies, even if that came with a loss of value...

    When it was dropping, I wasn't shocked.

    What are they selling? Who are their customers? Such basic questions that didn't seeem to have good answers, so I gave it a pass.

  8. #18
    Senior Member Survive & Stay Free's Avatar
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    Quote Originally Posted by xisnotx View Post
    What are they selling? Who are their customers? Such basic questions that didn't seeem to have good answers, so I gave it a pass.
    Those are good points.

    On the other hand we live in a sort of open market of the kind we never lived in before, some people, usually rich or middle class people and especially those with an ideological axe to grin like free market libertarians, build portfolios for themselves or their kids with "cool things" like this Facebook shares in it, just for the value of being able to say they own it.

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