Nah. Anyone paying attention should have seen this coming. Greedy ass small investors with Bill Gate dreams fukked themselves over.
Facebook: Greatest Pump and Dump?
- Thread starter blackzeus
- Start date
Nah. Anyone paying attention should have seen this coming. Greedy ass small investors with Bill Gate dreams fukked themselves over.
88m3
Fast Money & Foreign Objects
They should have never been approved for an IPO.
It's obvious they cooked the books they should be prosecuted.
Are you sure??? I really dont think anyone w/half a clue didn't see this coming
All this IPO did was show how dumb a lot of investors are, everyone (including myself
) should have went short on this bytch
Meta Reign
I walk the streets like, ''say something, n!gga!''
Facebook is a great example of something I touched on in threads back in the old country (sohh).
If Facebook really had any desire to monetize it's operations couldn't it just charge people a monthly rate? I'm sure there would be plenty of people (no were near all) that would pay $10 a month for their services. . . The problem with that is . . . Well. . . They could make more money by NOT discovering their true market value (in actual dollars). You see, SIZE in terms of market share yields more money instead of truthful valuations because it's value is relatively vague. These unscrupulous underwriters use that vagueness to assign ridiculous value to a company. Sure, Facebook has ad revenue, but they didn't seem to be factoring in that too much when valuation time came around. They DAMN sure thet made sure they assign value to it's size though.
Let me put it like this. It's called a scam.
If Facebook really had any desire to monetize it's operations couldn't it just charge people a monthly rate? I'm sure there would be plenty of people (no were near all) that would pay $10 a month for their services. . . The problem with that is . . . Well. . . They could make more money by NOT discovering their true market value (in actual dollars). You see, SIZE in terms of market share yields more money instead of truthful valuations because it's value is relatively vague. These unscrupulous underwriters use that vagueness to assign ridiculous value to a company. Sure, Facebook has ad revenue, but they didn't seem to be factoring in that too much when valuation time came around. They DAMN sure thet made sure they assign value to it's size though.
Let me put it like this. It's called a scam.
I don't know about a "scam". Valuation of companies depends on making assumptions. It should be up to the investor to make sure those assumptions are sound by doing due diligence.
The problem is that any well informed investor knows this but the average Joe looking for big returns either does not know or doesn't care about fundamentals. Unfortunately they end up getting it wrong.
Anyone who was paying attention when the worst merger in history happened (AOL/Time Warner), should have been very cautious of the valuation of another internet company that doesn't produce an actual product.
Brown_Pride
All Star
let's really take a look at facebook.
1. It creates nothing. It is basically a huge warehouse where people meet up. They sell drinks and such (farmville cash)but not much else
2. The true money maker should be in targeted advertising. Google does this extremely well and FB IMHO has a shyt ton more info on it's users, THEY SHOULD SELL ACCESS TO THAT SHYT.
I personally believe the concept of FB is still sound they just need to take it in the right direction.
Think of it from a marketing perspective. THey created an application that gather's ALL your information, you give it to them willingly. They know what you're doing this weekend, they know how old you are, if you're married, what music you listen to, movies you see, friends you have, your political thoughts, etc, etc. That is like a marketers wet dream. Done correctly it's like shooting willing fish in a bucket.
The IPO was pumped the hell up on hype though. BUT to be fare if it had doubled in price those of US who didn't get in would have thought NOT getting in was the worst move we ever made.
1. It creates nothing. It is basically a huge warehouse where people meet up. They sell drinks and such (farmville cash)but not much else
2. The true money maker should be in targeted advertising. Google does this extremely well and FB IMHO has a shyt ton more info on it's users, THEY SHOULD SELL ACCESS TO THAT SHYT.
I personally believe the concept of FB is still sound they just need to take it in the right direction.
Think of it from a marketing perspective. THey created an application that gather's ALL your information, you give it to them willingly. They know what you're doing this weekend, they know how old you are, if you're married, what music you listen to, movies you see, friends you have, your political thoughts, etc, etc. That is like a marketers wet dream. Done correctly it's like shooting willing fish in a bucket.
The IPO was pumped the hell up on hype though. BUT to be fare if it had doubled in price those of US who didn't get in would have thought NOT getting in was the worst move we ever made.
88m3
Fast Money & Foreign Objects
Are you sure??? I really dont think anyone w/half a clue didn't see this coming
All this IPO did was show how dumb a lot of investors are, everyone (including myself
Yes.
That's really besides the point.
That sucks a lot...
VerbalIntercourse
Banned
I saw this coming, but I just sort of relied on my instincts.
I don't see how they make money. I have never clicked on an ad in Facebook. I have never paid for a service in Facebook.
I don't see how they make money. I have never clicked on an ad in Facebook. I have never paid for a service in Facebook.
yep
when i used fb (got rid of it a month ago) i just used it on my phone i never saw ads at all.
OK so now that we are basically on the same page with Facebook's stock closing at 19.44...let's talk.
First of all I want to drop in and say Facebook is part of the problem we are facing in this country. I cannot fukking believe that this was the stock that msnbc and all these other "analysts" were going crazy for. This is not that hard and its part of the reason why this country is all over the place.
There are a couple of questions all those who want to invest should take a look at. Does the brand sell anything? Does it help people in everyday lives? Does their revenue stream appear to be strong? What if their main focus fails, do they appear to have a backup plan?
Out of all those questions which one can you safely say you had confidence in when it comes to Facebook? Should have been zero, but consider this a lesson learned since nobody on this board was pumping in hundreds of thousands or possibly even millions on some fake hype that the masses fell for. These are simple rules, I still cannot fukking believe this entire country was up in arms about a company who's biggest asset is the fact that high school and college kids looking think its "cool".
Stop falling for the hype, even those "experts" try to crunch the numbers like "this many billion users, this much traffic" blah blah blah...we are in a country where MONEY is NUMBER 1 and Facebook has never been strong in that area.
The sad thing about it is that most people still consider facebook cool, can you imagine how low this is going to get when it eventually loses that? shyt is going to be delta airlines status before they got their shyt together (and are still failing)
First of all I want to drop in and say Facebook is part of the problem we are facing in this country. I cannot fukking believe that this was the stock that msnbc and all these other "analysts" were going crazy for. This is not that hard and its part of the reason why this country is all over the place.
There are a couple of questions all those who want to invest should take a look at. Does the brand sell anything? Does it help people in everyday lives? Does their revenue stream appear to be strong? What if their main focus fails, do they appear to have a backup plan?
Out of all those questions which one can you safely say you had confidence in when it comes to Facebook? Should have been zero, but consider this a lesson learned since nobody on this board was pumping in hundreds of thousands or possibly even millions on some fake hype that the masses fell for. These are simple rules, I still cannot fukking believe this entire country was up in arms about a company who's biggest asset is the fact that high school and college kids looking think its "cool".
Stop falling for the hype, even those "experts" try to crunch the numbers like "this many billion users, this much traffic" blah blah blah...we are in a country where MONEY is NUMBER 1 and Facebook has never been strong in that area.
The sad thing about it is that most people still consider facebook cool, can you imagine how low this is going to get when it eventually loses that? shyt is going to be delta airlines status before they got their shyt together (and are still failing)
VerbalIntercourse
Banned
MSNBC is an entertainment network first and a news network second or even third.
All the networks are the same. Anyone who makes financial decisions based on what they hear or see on television deserves the dire consequences of their actions.
Television is based on ratings, and people watch what they want to see and hear. The networks spin financial news in a way that will captivate audiences and bring ratings up. Their goal isn't to help people, it is to sell advertising time.
Peer pressure and a "trusted" friend's advice is another thing I see people fall for. In the end, it's YOUR money, and if you can't take 30 minutes to research a stock or think about it deeply, then you don't deserve any type of return.
Listen to the language that you are using. "that's what is wrong with this country"? The only thing wrong with this country are "heroic knights" like yourself that blame every thing for someone's bad decisions rather than the person themselves.