Is Facebook really worth $104 billion? EDIT: We've our answer already.

  • Posted by a hidden member.
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    May 18, 2012 7:36 AM GMT
    Or is like some one company bubble that is going to burst?

    http://www.huffingtonpost.com/mobileweb/2012/05/17/facebook-prices-ipo_n_1525458.html?icid=hp_front_top_art


    EDIT:

    5/21/12
    Facebook Share Price: Social Network's Shares Slide Below Issue Price In Pre-Market (UPDATES)

    PREVIOUSLY: Facebook shares dropped more than 3.2 percent to $37.02 (as of 8:11 a.m) in pre-market action on Monday, according to a Bloomberg report.
    The drop means that the social network's stock has dropped below its IPO price, after ending its first day of trading on Friday relatively unchanged at $38.23.

    http://www.huffingtonpost.com/mobileweb/2012/05/21/facebook-share-price-slide-pre-market_n_1532554.html?icid=hp_front_top_art
  • Posted by a hidden member.
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    May 18, 2012 8:53 AM GMT
    Well i deleted it
    & made a new account which is always inactive !

    Its really disturbed me as my profile was flashed in Anti-gay news in Turkey some years ago !

    So Fb is nothin' so great for me !
    RJ & Gayromeo is !
    in just one month i have done most i could on RJ
  • DR2K

    Posts: 346

    May 18, 2012 8:53 AM GMT
    I so wish I had money to put into it now.
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    May 18, 2012 1:20 PM GMT
    Saw a news report this morning that General Motors is pulling their advertisements from FB because they're not helping to generate any sales. I think other companies will realize the same thing soon enough, and FB's business model will begin to fall apart. Some are speculating that FB's best days may ALREADY be behind it, and the owners are cashing out now at the expense of new public shareholders. I wouldn't buy a single share of FB at this stage.
  • Posted by a hidden member.
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    May 18, 2012 1:22 PM GMT
    Read somewhere this morning that Facebook's market cap is bigger than McDonald's. Think about that info for a minute if you are entertaining a purchase - especially long-term.
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    May 18, 2012 1:36 PM GMT
    Nice work!www.50centsloseweight.com
  • Posted by a hidden member.
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    May 18, 2012 2:31 PM GMT
    No it isn't, stay away.
  • Posted by a hidden member.
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    May 18, 2012 2:40 PM GMT
    I had never spent a dime at Facebook but Apple gobbles up my paychecks so guess where I put my money? And Apple actually makes something where Facebook just canabalizes other ad venues.
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    May 18, 2012 2:49 PM GMT
    Bubble.
  • isomuscle

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    May 18, 2012 2:50 PM GMT
    I think it is overvalued for sure, didn't need that large of an infusion of capital.
  • Posted by a hidden member.
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    May 18, 2012 2:52 PM GMT
    It won't burst, FB itself will just start charging and will continue to change. You get what you invest in!
  • Posted by a hidden member.
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    May 18, 2012 4:14 PM GMT
    isomuscle saidI think it is overvalued for sure, didn't need that large of an infusion of capital.


    Perhaps you misunderstand IPOs...they're NOT an infusion of capital. The money all goes to the pre-IPO shareholders. It's all going to Zuckerberg, the other founders, and the employees that own stock. FB won't get a dime of that money being raised. FB could raise more capital/money in a "follow-on" offering, but not an IPO.
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    May 18, 2012 4:50 PM GMT
    dd_bosmvy saidSaw a news report this morning that General Motors is pulling their advertisements from FB because they're not helping to generate any sales. I think other companies will realize the same thing soon enough, and FB's business model will begin to fall apart. Some are speculating that FB's best days may ALREADY be behind it, and the owners are cashing out now at the expense of new public shareholders. I wouldn't buy a single share of FB at this stage.


    This. There have been some surveys that have found the majority of users don't click on featured ads. Lol of course, this is in part because some ads are just insulting. "Christian singles" and "soccer moms"? C'mon. C'MON.
  • Posted by a hidden member.
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    May 18, 2012 5:23 PM GMT
    as long as their iphone app barely functions, it's hard to take them seriously.... they are lagging behind severely in the mobile space, which is where all their growth is potentially.
  • GQjock

    Posts: 11649

    May 18, 2012 5:41 PM GMT
    I think that it's hugely inflated

    But it all depends on if they can turn their billion subscribers into advertising dollars or not

    They might be the burgeoning forefront to the new medium
    Or they might go the same way as MySpace
  • Posted by a hidden member.
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    May 18, 2012 10:54 PM GMT
    Is facebook really worth $104 billion?

    No, thread closed.
  • Posted by a hidden member.
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    May 19, 2012 1:27 AM GMT
    I think it's slightly overinflated, but I don't foresee a bubble, myself, unless EVERYBODY deletes their account and abandons the internet, and really- I don't see that happening in the near future.
  • Posted by a hidden member.
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    May 19, 2012 1:43 AM GMT
    Remember MySpace? People will tire of reading death posts, game posts, cat photos, and mind-numbing statements. Something else will come along to attract users' time. Billions of people with Facebook accounts they rarely use anymore will mean no eyes for advertising.
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    May 19, 2012 1:56 AM GMT
    It seems so dated even now -- like MTV or laser tag.
  • Timbales

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    May 19, 2012 2:14 AM GMT
    things are worth what people are willing to pay
  • Posted by a hidden member.
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    May 19, 2012 2:27 AM GMT
    http://www.bloomberg.com/news/2012-05-11/facebook-co-founder-saverin-gives-up-u-s-citizenship-before-ipo.html
  • waccamatt

    Posts: 1918

    May 19, 2012 2:34 AM GMT
    Caslon19000 saidOr is like some one company bubble that is going to burst?

    http://www.huffingtonpost.com/mobileweb/2012/05/17/facebook-prices-ipo_n_1525458.html?icid=hp_front_top_art


    One billion users - yes it's worth it.
  • Posted by a hidden member.
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    May 19, 2012 2:34 AM GMT
    stocks are just a piece of paper. the way you make money with it is if you can find a bigger idiot who will pay more for it than you did.

    (unless the stock pays dividend of course).
  • Posted by a hidden member.
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    May 19, 2012 2:41 AM GMT
    No, but a lot of people seem to think so... including all the Financial Analysts at the firm where I work.
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    May 19, 2012 3:16 AM GMT
    so market capitalization is basically net income times the number of shares outstanding. How will Facebook make money again? I haven't been following financial news in the United States or Facebook but I understand that their database can be sold to marketing firms for data mining and market research but I still don't see potential for future growth after this iPo.

    Without people updating their profiles with private information that would help firms understand their consumer base better I just don't see Facebook as a viable venue for product advertisement either.

    Fucking iPad