May 18, 2013 |
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Facebook is a fad. As soon as the new wears off it will become worthless as many other fads have become. If you buy in, be prepared to lose your money.
It's been up and running for 8 years... any "new" it had wore off long ago.
If people choose to buy, be sure to sell immediately. Otherwise, it is unlikely to work in your favor.
When did you say to sell?
"Shares of Facebook fell as low as $33 today, more than 13% below where the shares were when they went public last Friday."
Oh man, don't tempt them, because you know they can
No, but wish I'd had stock in Barnes and Noble.
I wish I had bought a winning lottery ticket.
Only with the money that I had been planning to burn.
Nah, burning it will be a lot more fun.
What is facebook?
its a company, you pay them and they will hit somebody in the face with a book, depening on how much you pay they will use a paper back or hard back
Stocks = High stake rich person gambling.. I'd rather go play poker at the boats. Also I'd like to know where the other two percent went?
No, I don't think that stocks fit that definition at all, at least not for a wise investor. Read my posting here for investment advice:
900,000,000 fb users. Its gonna be huge. Buy, buy, buy.
Wow, you sure did change you mind in only one day.
Passing on FB. Bought 5 shares (all I could afford) of Google at just over $400. So far, so good.
FB closed today at just above its IPO price. We have seen Facebook and it is no Google!
Its not Google. These guys priced this stock out of the park in my opinion. A P/E of 120+ is a tough sell when GOOG, MSFT, APPLE are all between 10-20. I sold half my position of FB at $43.72. In hind sight, I should have dumped it all.
The only reason FB closed above its IPO price was because it was artificially propped up by underwriter Morgan Stanley, according to the 'Wall Street Journal'. Otherwise, it would have dropped on its very first day.
For details, look at the link on my posting below.
I told you so. If you bought any facebook you have lost 10% of your money. 5/21/2012 12:07 PM
NO!!! For a detailed explanation of why I don't believe anyone should ever consider it:
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