78 replies to this topic 3 votes

[BoredBozirini]

As I said before, people judging Facebook's future based on two days of trading are plain stupid.

Give it a month and then check again in 6 months, that will be a clearer picture (note that I think Facebook will tank, but not tomorrow as some people in this thread think it will).

[LogicalApex]

The market test will come with the quarterlies. As long as Facebook can produce results the street will love them. Otherwise not.

[Calum]

neufuse, on 21 May 2012 - 18:15, said:

It's not a misfortune, it's a gamble... if you don't know the risks of investing and go into it thinking "I'M GOINA BE RICH$$$$$$$" then you have a problem

It's still misfortune. Losing money as a result of ignorance is misfortune. Yes, they may have a problem, and they may be silly, but laughing at these people is wrong. They haven't done anything to harm you, but you believe it's fine to ridicule their worse-off position.

[Cute James]

There was an excellent 'Money Programme' special on the Facebook IPO last week:

http://www.bbc.co.uk...rammes/b017ywty

(also available via .torrent for those outside the UK)

[+remixedcat]

[neufuse]

Calum, on 22 May 2012 - 00:09, said:

It's still misfortune. Losing money as a result of ignorance is misfortune. Yes, they may have a problem, and they may be silly, but laughing at these people is wrong. They haven't done anything to harm you, but you believe it's fine to ridicule their worse-off position.

So anytime you celebrate the fact you won something and someone else lost like in a sports event, its wrong and horrible? its basically the same thing, someone wins someone loses..

[Calum]

neufuse, on 22 May 2012 - 01:10, said:

So anytime you celebrate the fact you won something and someone else lost like in a sports event, its wrong and horrible? its basically the same thing, someone wins someone loses..

No because I'm not celebrating their loss, I'm only celebrating the fact I won. Even when I win something over someone else, I sympathise with those who didn't win. Your question isn't even related because you're talking about winning something and celebrating that win; however I picked up on your post for something completely different: laughing at people who are now suffering (even if they're only suffering to a very minor degree, they've suffered a loss of some sort; however, it could be a major loss, which could mean they're suffering greatly).

[+Mephistopheles]

http://www.google.co...e?q=NASDAQ%3AFB

Down another 7.70% from yesterday.

[neufuse]

Calum, on 22 May 2012 - 06:17, said:

No because I'm not celebrating their loss, I'm only celebrating the fact I won. Even when I win something over someone else, I sympathise with those who didn't win. Your question isn't even related because you're talking about winning something and celebrating that win; however I picked up on your post for something completely different: laughing at people who are now suffering (even if they're only suffering to a very minor degree, they've suffered a loss of some sort; however, it could be a major loss, which could mean they're suffering greatly).

Someone still won, someone sold them that stock and at the IPO price someone really won if someone else got stuck with it at a loss... stocks are just that a big game, and if they have a major loss they shouldn't of been in the market to start with, that is why they ALWAYS say "read the prospectus" first before investing in a stock... you can't say someone was nieve if they would of just done that understood what the company was about and comprehending it before throwing tons of cash at it

[Calum]

neufuse, on 22 May 2012 - 18:18, said:

Someone still won, someone sold them that stock and at the IPO price someone really won if someone else got stuck with it at a loss... stocks are just that a big game, and if they have a major loss they shouldn't of been in the market to start with, that is why they ALWAYS say "read the prospectus" first before investing in a stock... you can't say someone was nieve if they would of just done that understood what the company was about and comprehending it before throwing tons of cash at it

I understand all of that, but that isn't my point. My point is that even though someone won, laughing at those who didn't win is a horrible thing to do , even if they were naive, ignorant, or stupid

[still1]

market cap down 15 billion in 2 days

[Euphoria]

That's what happens when reality hits Zucky in the face.

It is silly to think that Facebook is worth $100 bill. For god's sake they are a social media website, a FUD, that seems to be going down the Myspace route... plagued with adds and other crap... oopps sorry, they are not adds but "sponsored stories"

Realistically, considering the large user base they have, I would rate them at $10 per share.. although, even then I wouldn't put my money there.

[neufuse]

Calum, on 22 May 2012 - 18:32, said:

I understand all of that, but that isn't my point. My point is that even though someone won, laughing at those who didn't win is a horrible thing to do , even if they were naive, ignorant, or stupid

well let's just agree to disagree on some aspects of this

[Calum]

neufuse, on 22 May 2012 - 19:04, said:

well let's just agree to disagree on some aspects of this

Fair enough, heh; it seems we'll have to

[Euphoria]

It ended $31.00 flat