CanOz
Home runs feel good, but base hits pay bills!
- Joined
- 11 July 2006
- Posts
- 11,543
- Reactions
- 519
Re: Facebook IPO
found support at 40, then 38...:goodnight
found support at 40, then 38...:goodnight
FB - Meta Platforms, Inc. (NASDAQ)
- Joined
- 10 June 2007
- Posts
- 4,045
- Reactions
- 1,404
Re: Facebook IPO
moments later.....
in the meantime while the rest of us are doing business.......
http://x.co/kKh7
moments later.....
FuturesTrader71 @FuturesTrader71
Sell them in Germany at $70 and buy them in USA for $55
in the meantime while the rest of us are doing business.......
http://x.co/kKh7
CanOz
Home runs feel good, but base hits pay bills!
- Joined
- 11 July 2006
- Posts
- 11,543
- Reactions
- 519
Re: Facebook IPO
Interesting perspective from Jason Leavitt.
CanOz
Interesting perspective from Jason Leavitt.
CanOz
- Joined
- 1 October 2008
- Posts
- 3,733
- Reactions
- 391
Re: Facebook IPO
What was interesting was that the match up was at 44 when the time for it to hit the baords was due.
Then Nazdaq totally stuffed up and it's price started moving down immediatly and ended up opening at 42 along with rest of Nazdaq tanking at the time!!
This was a day when all global markets were tanking amidst and atmosphere of pretty much as bad as any since the beginning of the GFC!
Timing was terrible for investors. Made the rest look pretty good.
May make it a good buy for traders when markets turn if it heads down with the rest.
What was interesting was that the match up was at 44 when the time for it to hit the baords was due.
Then Nazdaq totally stuffed up and it's price started moving down immediatly and ended up opening at 42 along with rest of Nazdaq tanking at the time!!
This was a day when all global markets were tanking amidst and atmosphere of pretty much as bad as any since the beginning of the GFC!
Timing was terrible for investors. Made the rest look pretty good.
May make it a good buy for traders when markets turn if it heads down with the rest.
Re: Facebook IPO
Quote;
Will Facebook live up to it image, or will Facebook investor's get clobbered. The question is can Facebook's IPO survive such a volatile Market? With headwinds from Europe.....& the .US.? I its just about to start a down trend and go downhill to fight a uphill battle.
Quote;
Will Facebook live up to it image, or will Facebook investor's get clobbered. The question is can Facebook's IPO survive such a volatile Market? With headwinds from Europe.....& the .US.? I its just about to start a down trend and go downhill to fight a uphill battle.
skc
Goldmember
- Joined
- 12 August 2008
- Posts
- 8,277
- Reactions
- 329
Re: Facebook IPO
Oops... down 8% to $35.
Like!
Oops... down 8% to $35.
Like!
- Joined
- 14 February 2005
- Posts
- 15,187
- Reactions
- 17,185
Re: Facebook IPO
Facebook is so mainstream that you'd be hard pressed to find anyone who hasn't at least heard of it. And more to the point, if someone is ever going to get a Facebook account then the odds are they've already done it.
Looking at my own usage and that of friends, I'd say that the novelty is wearing off. I log in once a day, but these days there's really only a few people actually posting anything at all. The rest have become passive, very occasional users.
It's a craze just like the many other crazes that have come and gone over the years. It's only a matter of time until someone comes up with something better, and then that's it.
Remember Myspace? Does anyone apart from actual musicians still use it? A quick check of my friends finds that most accounts are still there but simply stopped being updated quite some time ago when that craze ended.
It might be something to speculate on, but it's not a "bottom drawer" investment in my opinion. According to stats on Alexa.com about 45% of internet users are using Facebook with virtually no growth since the 3rd quarter of 2011 when a steady uptrend came to a halt.
That compares to Myspace with just 0.76% of people now using it, and Twitter which looks to have peaked at about 11% (now in a downtrend) around the same time as Facebook's growth ended.
Facebook is so mainstream that you'd be hard pressed to find anyone who hasn't at least heard of it. And more to the point, if someone is ever going to get a Facebook account then the odds are they've already done it.
Looking at my own usage and that of friends, I'd say that the novelty is wearing off. I log in once a day, but these days there's really only a few people actually posting anything at all. The rest have become passive, very occasional users.
It's a craze just like the many other crazes that have come and gone over the years. It's only a matter of time until someone comes up with something better, and then that's it.
Remember Myspace? Does anyone apart from actual musicians still use it? A quick check of my friends finds that most accounts are still there but simply stopped being updated quite some time ago when that craze ended.
It might be something to speculate on, but it's not a "bottom drawer" investment in my opinion. According to stats on Alexa.com about 45% of internet users are using Facebook with virtually no growth since the 3rd quarter of 2011 when a steady uptrend came to a halt.
That compares to Myspace with just 0.76% of people now using it, and Twitter which looks to have peaked at about 11% (now in a downtrend) around the same time as Facebook's growth ended.
wayneL
VIVA LA LIBERTAD, CARAJO!
- Joined
- 9 July 2004
- Posts
- 25,752
- Reactions
- 12,943
Re: Facebook IPO
Great time to milk some equity out of it then. That's how I've always looked at the float, rather than a growth story.
Masterstroke.
Facebook is so mainstream that you'd be hard pressed to find anyone who hasn't at least heard of it. And more to the point, if someone is ever going to get a Facebook account then the odds are they've already done it.
Looking at my own usage and that of friends, I'd say that the novelty is wearing off. I log in once a day, but these days there's really only a few people actually posting anything at all. The rest have become passive, very occasional users.
It's a craze just like the many other crazes that have come and gone over the years. It's only a matter of time until someone comes up with something better, and then that's it.
Remember Myspace? Does anyone apart from actual musicians still use it? A quick check of my friends finds that most accounts are still there but simply stopped being updated quite some time ago when that craze ended.
It might be something to speculate on, but it's not a "bottom drawer" investment in my opinion. According to stats on Alexa.com about 45% of internet users are using Facebook with virtually no growth since the 3rd quarter of 2011 when a steady uptrend came to a halt.
That compares to Myspace with just 0.76% of people now using it, and Twitter which looks to have peaked at about 11% (now in a downtrend) around the same time as Facebook's growth ended.
Great time to milk some equity out of it then. That's how I've always looked at the float, rather than a growth story.
Masterstroke.
- Joined
- 1 October 2008
- Posts
- 3,733
- Reactions
- 391
Re: Facebook IPO
The pre float final price was indeed a master stroke.
However it has not yet traded too far below the initial offering prices being bandied around as expensive prior to the float.
The argument about MySpace doesn't hold because they all went to Facebook! The fad didn't fade it increased and migrated.
Besides Who wants to be Murdoch's bitch? (maybe a Chinese spy will play the role.) I digress.
If you look at the way Gates ran Microsoft he just used it's initial success to buy or copy what ever else looked like it might be better etc.
Face books purchase of Instagram was a classic Gates move.
It's not a fad, it's a huge market.
You just have to be the best at keeping it and morphing into the medium that it instinctively wants to channel through.
It's going to be a cracking buy at some point.
They may disappoint analists whilst trying to make the revenue work, but with all the brains now able to be invested and Zucker still controlling the votes who's gonna do anything other than act like they care?
Great time to milk some equity out of it then. That's how I've always looked at the float, rather than a growth story.
Masterstroke.
The pre float final price was indeed a master stroke.
However it has not yet traded too far below the initial offering prices being bandied around as expensive prior to the float.
The argument about MySpace doesn't hold because they all went to Facebook! The fad didn't fade it increased and migrated.
Besides Who wants to be Murdoch's bitch? (maybe a Chinese spy will play the role.) I digress.
If you look at the way Gates ran Microsoft he just used it's initial success to buy or copy what ever else looked like it might be better etc.
Face books purchase of Instagram was a classic Gates move.
It's not a fad, it's a huge market.
You just have to be the best at keeping it and morphing into the medium that it instinctively wants to channel through.
It's going to be a cracking buy at some point.
They may disappoint analists whilst trying to make the revenue work, but with all the brains now able to be invested and Zucker still controlling the votes who's gonna do anything other than act like they care?
skc
Goldmember
- Joined
- 12 August 2008
- Posts
- 8,277
- Reactions
- 329
Re: Facebook IPO
I think there is some very powerful potential in Facebook... not in the social aspect but in commerce. And not in display ads or targeted ads, but in establishing itself as the predonminant online identity platform.
Thinking about all the websites I use regularly and where I have an account/identity...
- Google
- Ebay / paypal
- Frequent flyers / reward programs
- Financial institutions
- Utility and other service providers
- Various forums and interest groups
- News and other subscriptions
The list is endless. With the social aspect of facebook the novelty will wear off, but the utility aspects are much more sticky. The challenge is obviously that they must actually want to head down that path, and solve significant issues around privacy and security.
The potential is there, but I wouldn't bet on them being able to capitalise on it.
I think there is some very powerful potential in Facebook... not in the social aspect but in commerce. And not in display ads or targeted ads, but in establishing itself as the predonminant online identity platform.
Thinking about all the websites I use regularly and where I have an account/identity...
- Ebay / paypal
- Frequent flyers / reward programs
- Financial institutions
- Utility and other service providers
- Various forums and interest groups
- News and other subscriptions
The list is endless. With the social aspect of facebook the novelty will wear off, but the utility aspects are much more sticky. The challenge is obviously that they must actually want to head down that path, and solve significant issues around privacy and security.
The potential is there, but I wouldn't bet on them being able to capitalise on it.
- Joined
- 2 June 2011
- Posts
- 5,341
- Reactions
- 242
Re: Facebook IPO
That's exactly what I thought and I must be the only person I know who doesn't have a FB account. You're not paying for subscriber growth, you're paying for FB's ability to squeeze revenue out of it's existing subscribers.
The difference between MS and FB is that FB needs to be cool to remain relevant, MS became the utility company of PC's. Whatever you thought of MS was irrelevant, you still had to use their product.
That's exactly what I thought and I must be the only person I know who doesn't have a FB account. You're not paying for subscriber growth, you're paying for FB's ability to squeeze revenue out of it's existing subscribers.
notting said:
The difference between MS and FB is that FB needs to be cool to remain relevant, MS became the utility company of PC's. Whatever you thought of MS was irrelevant, you still had to use their product.
prawn_86
Mod: Call me Dendrobranchiata
- Joined
- 23 May 2007
- Posts
- 6,637
- Reactions
- 7
Re: Facebook IPO
Not so with Apple yet they seem to do well simply by amazing marketing of average-good products.
If FB were clever they would have a new app/something close to release that will once again hook people even deeper into them. Their partnership with Spotify is a good example of them moving into more than just people posting about themselves, it now include what music they listen to, what news articles they read etc etc
Personally i also think they are overpriced at the moment, but who knows what developments they have planned, and the thing with the Internet is that those developments can be quickly rolled out and capitalised upon
Not so with Apple yet they seem to do well simply by amazing marketing of average-good products.
If FB were clever they would have a new app/something close to release that will once again hook people even deeper into them. Their partnership with Spotify is a good example of them moving into more than just people posting about themselves, it now include what music they listen to, what news articles they read etc etc
Personally i also think they are overpriced at the moment, but who knows what developments they have planned, and the thing with the Internet is that those developments can be quickly rolled out and capitalised upon
- Joined
- 2 June 2011
- Posts
- 5,341
- Reactions
- 242
Re: Facebook IPO
Yep, that's the cool to remain relevant factor. Without Jobs, Apple is a very different company. You have to be pretty special to create a product of unlimited supply that people will queue up for days waiting to buy.
Yep, that's the cool to remain relevant factor. Without Jobs, Apple is a very different company. You have to be pretty special to create a product of unlimited supply that people will queue up for days waiting to buy.
Re: Facebook IPO
A market that is yet to be shown that it can be monetised.
FB has been exaggeratedly overvalued. A lot of people who bought in at its opening price are going to have their patience tested, I guarantee you.
A market that is yet to be shown that it can be monetised.
FB has been exaggeratedly overvalued. A lot of people who bought in at its opening price are going to have their patience tested, I guarantee you.
- Joined
- 1 October 2008
- Posts
- 3,733
- Reactions
- 391
Re: Facebook IPO
That's actually one of the points I am making. Zucker will not care if it goes down to 10c! As long as the channel exists and is 'the channel,' that's all that matters. For the moment they have just done the 3rd biggest capital raising in the history of the world! - Income is not an issue at this point! The fortune is made, there is only so much Red Bull and Pizza a guy can consume.
What's important now is Mojo. Who is king geek. The rest will take care of itself - focus!
From an investment point of view.
What I am saying is that at some point it will be oversold.
Zucker is not Jobs. Jobs was brilliant in many ways but he was primarily brilliant in creating products that the market loved.
Zucker has vertually admitted that he is a one idea man! However, like Gates, I sense that he is a brilliant business man as well.
Let's face it, that one idea is currently worth something like 75Billion dollars, he turned down 1.4B when most of his associates wanted him to take it and kill him for saying no!
Knows what he's doing and what his strengths are.
As Europ rocks around on it's ice burge that's one hell of a stag for those that payed nothing for it, like Zuck.
That's actually one of the points I am making. Zucker will not care if it goes down to 10c! As long as the channel exists and is 'the channel,' that's all that matters. For the moment they have just done the 3rd biggest capital raising in the history of the world! - Income is not an issue at this point! The fortune is made, there is only so much Red Bull and Pizza a guy can consume.
What's important now is Mojo. Who is king geek. The rest will take care of itself - focus!
From an investment point of view.
What I am saying is that at some point it will be oversold.
Zucker is not Jobs. Jobs was brilliant in many ways but he was primarily brilliant in creating products that the market loved.
Zucker has vertually admitted that he is a one idea man! However, like Gates, I sense that he is a brilliant business man as well.
Let's face it, that one idea is currently worth something like 75Billion dollars, he turned down 1.4B when most of his associates wanted him to take it and kill him for saying no!
Knows what he's doing and what his strengths are.
As Europ rocks around on it's ice burge that's one hell of a stag for those that payed nothing for it, like Zuck.
- Joined
- 14 February 2005
- Posts
- 15,187
- Reactions
- 17,185
Re: Facebook IPO
How long until someone else comes up with something better and brings about the demise of Facebook? It's not as though there's a huge capital investment required, and there are plenty of people throwing around suggestions as to how it could be improved.
It's not like, say, mass production of cars where you need to invest $ billions in designs, factories, marketing etc prior to actually selling a single vehicle. The barriers to entry on the web are comparatively low.
Exactly. There are very low barrier to entry in this field and the "corporate" nature of Facebook these days is in itself a disadvantage in the eyes of some.
How long until someone else comes up with something better and brings about the demise of Facebook? It's not as though there's a huge capital investment required, and there are plenty of people throwing around suggestions as to how it could be improved.
It's not like, say, mass production of cars where you need to invest $ billions in designs, factories, marketing etc prior to actually selling a single vehicle. The barriers to entry on the web are comparatively low.
- Joined
- 30 June 2007
- Posts
- 7,200
- Reactions
- 1,226
Re: Facebook IPO
Whenever I hear of actual users of FB, they are almost always under 25yo. And my impression is that they use it to tell others what music they like and what they did on the weekend.
So that's my impression, as a non-user. Is the reality much different?
Whenever I hear of actual users of FB, they are almost always under 25yo. And my impression is that they use it to tell others what music they like and what they did on the weekend.
So that's my impression, as a non-user. Is the reality much different?
- Joined
- 1 October 2008
- Posts
- 3,733
- Reactions
- 391
Re: Facebook IPO
We are either too old and haven't got a clue.
Or we are all right and so is Mr Buffet as he has being buying up Newpapers!
The 17 year old in me thinks newspapers are something Pop used to read whilst smoking his pipe before he had his heart attack. Being only 17 I use Facebook and get all my news from there, I'm so addicted to it I can't help checking in every five minutes to see if another chick has contacted me. It's so much easier just fishing little comments out there and then ramping it up a bit when I get a bite. I can even blog at school while my phone is in my pocket, I thumb type blind! It's easy if you've been doing it since you were 12.
But I don't know a thing about investment - boaring.
We are either too old and haven't got a clue.
Or we are all right and so is Mr Buffet as he has being buying up Newpapers!
The 17 year old in me thinks newspapers are something Pop used to read whilst smoking his pipe before he had his heart attack. Being only 17 I use Facebook and get all my news from there, I'm so addicted to it I can't help checking in every five minutes to see if another chick has contacted me. It's so much easier just fishing little comments out there and then ramping it up a bit when I get a bite. I can even blog at school while my phone is in my pocket, I thumb type blind! It's easy if you've been doing it since you were 12.
But I don't know a thing about investment - boaring.
