Australian (ASX) Stock Market Forum

FB - Meta Platforms, Inc. (NASDAQ)

Re: Facebook IPO

I must be too young to remember when Microsoft was cool!:D

Yeah, that was before Bill Gates was born.

The original 911 was cool to drive, but very quickly became the choice of the most uncool.

Mustangs, Triumph motor bikes cool:cool:
I really am a hippie.
 
Re: Facebook IPO

I agree with the above, Yahoo was especially a surprise. Thought it would remain a leader in the search space.
However, that bloody Tweet thing and Facebook aided revolutions which was pretty cool and kind of unprecedented which gives them a little more substance than what I would have imagined.
Will be interesting to see what happens and what's next.
I actually know of one prick marketing bloke who creates characters on dating sites and in his profiles talks about how this or that has transformed his life and is the best thing ever!
It works because when someone with similar interests gets matched to him and finds this stuff out, they believe the spin because it doesn't seem like an add, because people are mainly focused on the LOVE so it's a kind of reverse sleazebag act at underhanded conning for over priced products. They then put the person off them in a subtle way and go on to the next sucker who then tells all their friends and word get's around.
Just thought I'd note how some marketers already use these things quite effectively without paying a cent.
 
Re: Facebook IPO

Just heard on the Bloomy that there is selling of other NQ stocks by instos to fund purchases of FB...The guy being interviewed said "you don't need to sell as many shares of AAPL to get the the value in FB".

I'll be watching when it lists, and am already thinking about a big bull trap on the opening day!

CanOz
 
Re: Facebook IPO

Just heard on the Bloomy that there is selling of other NQ stocks by instos to fund purchases of FB...The guy being interviewed said "you don't need to sell as many shares of AAPL to get the the value in FB".

I'll be watching when it lists, and am already thinking about a big bull trap on the opening day!

CanOz

was the bloomy an ex shoe shiner with a phd in taxi driving? :eek:
 
Re: Facebook IPO

Very difficult to justify the price imo.

Facebook is going to be great for the space industry.

Because the only way it can continue its rate of growth is to discover life on another planet.
 
Re: Facebook IPO

All ready to go at 37. Going to be an interesting IPO, looking forward to watching the book trader and a chart on the night :pcorn:.

Can't wait to see all the nerds unload their stock into the fury of euphoria!

CanOz
 

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Re: Facebook IPO

What an absolute shocking day to ride a stag.
It's a pitty. I would have liked to have seen what would have happened in the "old normal" type market with this.
 
Re: Facebook IPO

What an absolute shocking day to ride a stag.
It's a pitty. I would have liked to have seen what would have happened in the "old normal" type market with this.

I would have liked to have seen this in late '99 early '00. It could have been a $1t company!:D
 
Re: Facebook IPO

There's actually one metric that measures up for Facebook.

Market cap per user is actually not very high... ~$100B on 500m users is only $200 per head.

Even if you say half of these are inactive, it's still only $400 per head.

They may not have monetised the headcount yet, and time is against them to monetise it before people stop using FB... but it is not completely impossible.

So how's that for my assessment... instead of the usual buy, hold, sell conclusions, mine is "Not completely impossible".
 
Re: Facebook IPO

OMG Nazdaq is totally screwing up this float!!
It's actually caused the Nazdaq itself to tank a little.
There is so much volume from insto’s and privates, each way; they can't keep up to make the match.
Well that would have been an interesting thing to try to trade!!
Individuals and insto's are now trying to cancel and replace orders because the opening buzz has changed.
Chaos!
Better have a senate enquiry and tweak the rules again
 
Re: Facebook IPO

OMG Nazdaq is totally screwing up this float!!
It's actually caused the Nazdaq itself to tank a little.
There is so much volume each way they can't keep up to make the match.
Well that would have been an interesting thing to try to trade!!:eek:

Apparently the quotes are all over the place, maybe they're having trouble matching the orders!

The whole market is waiting!

Facebook: WSJ headline says Facebook traders experiencing problems changing, canceling FB orders (38.00)

Read more: http://www.briefing.com/InPlayEq/InPlay/InPlay.htm#ixzz1vEeoUNP8

CanOz
 
Re: Facebook IPO

Interesting how all the Zinga types are reacting very negatively.
People who couldn't get Facebook were backing the satellites in the hope of a stag.
They have been popped!
Markets will find it hard to be positive about anything now you would imagine.
Good night!!
 
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