Facebook went public today. to buy or not to buy? - Kawasaki ZX-10R.net
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post #1 of 33 Old 05-18-2012, 11:37 AM Thread Starter
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Question Facebook went public today. to buy or not to buy?

keeping an eye on the Facebook stock. any one out there have any ideas or predictions on what its gonna do? do you think it a wise decision to buy?
I am thinking long term investment not short term. was thinking about rolling over my Amazon stock that I received for free for being such an outstanding employee haha.
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post #2 of 33 Old 05-18-2012, 11:45 AM
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I think it's going public at it's height.

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post #3 of 33 Old 05-18-2012, 11:56 AM
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I wouldn't see it as a long term thing, then again I know nothing about stocks. Look at Myspace friendster and all the other services like FB. Sure FB is the biggest right now but I don't see them expanding to other ventures out side of social media. I think FB is pretty much at its peak right now.
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post #4 of 33 Old 05-18-2012, 11:56 AM Thread Starter
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I don't think it would be a bad long term investment considering you have to connect to facebook for every little thing you do now. I hate it because I don't even have a facebook account haha. I would actually be the first time I ever traded or bought stock. figured I would dabble a little since its free money.
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post #5 of 33 Old 05-18-2012, 11:59 AM
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Privacy problems gonna kill Facebook.


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post #6 of 33 Old 05-18-2012, 12:07 PM
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Quote:
Originally Posted by miykl View Post
I think it's going public at it's height.
I want to agree. It's hard to predict, but when ms was big, no one ever thought of any other social network. It was the place to be. Then it got ruined by MASSIVE advertisements and now when was the last time you or anyone else you know even logged in to my space?

Face book is great for what it does, but I watch the little things. Like when someone posts a video or what not and you want to see it you have to download this app, but wait... That app asks for you to agree to access all your personal info, comments, etc.. Where do you think all the info is stored?
%98 don't realize or care. But soon they will. And once that happens and they get more corporate, shareholders will want to advertise and they it'll get ruined and with in months or so will dwindle down. I could be wrong. But with technology and what not, it's inevitable that something else bigger, better will come out.

If you know stocks and the game and know when to buy in and sell, then you can make a profit. As far as long term? That's a tough one, It's not like something such as Apple, Ford, Starbucks, etc that is a brick and mortar that has been around for a LONG time thats hard to replace easily.

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post #7 of 33 Old 05-18-2012, 12:08 PM
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Wait till Diaspora releases its final version:
https://joindiaspora.com/

And FB will crash to the ground. Boy, I can not wait for that day to come.

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"If you're not paying for something, you're not the customer; you're the product being sold"

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post #8 of 33 Old 05-18-2012, 12:08 PM Thread Starter
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I'm leaning towards seeing what it does after the first day of trading. lots of people are speculating it will fall low after the first day and probably remain there
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post #9 of 33 Old 05-18-2012, 12:17 PM Thread Starter
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[QUOTE=PAB;1814286]Wait till Diaspora releases its final version:
https://joindiaspora.com/

What is Diaspora? never even heard of it before

Oh and I wasn't thinking super long term from what I realized with most stocks is they get pretty high around the holiday season. so i would probably drop around that time. I just don't think it wise for me to day trade I'd be murdered financially haha
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post #10 of 33 Old 05-18-2012, 12:27 PM
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Well it's already up 7%. Lets see what it closes at.

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