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hope you didnt buy facebook stock

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Old 05-21-2012, 10:48 AM   #1
sunflower [OP] sunflower is offline
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hope you didnt buy facebook stock

My sister and her husband were trying to teach their kids about finance and stocks and economy and stuff and since their daughter is 14 and uses facebook they thought it would be a good idea to buy her some FB stock to learn about those things and also for long term investment.

Ooops !!!
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Old 05-21-2012, 10:52 AM   #2
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A few days after ipo is not long term and a lost can be as good of a lessons as a win.
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Old 05-21-2012, 10:53 AM   #3
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Quote:
Originally Posted by sunflower View Post
My sister and her husband were trying to teach their kids about finance and stocks and economy and stuff and since their daughter is 14 and uses facebook they thought it would be a good idea to buy her some FB stock to learn about those things and also for long term investment.

Ooops !!!

It's only an "oops" if they are teaching her that 2 days is long term...
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Old 05-21-2012, 10:59 AM   #4
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Long term investments should be with sound companies that have been around LONG TERM. Social media websites have life spans of about 9 months. There is already strong evidence that Facebook has questionable revenue and profit potential and usership is slowing dramatically.

Does anyone remember Myspace ? Friendster ?

Most objective and non hype analysts think Facebook should be valued at about 10-15$
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Old 05-21-2012, 11:01 AM   #5
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Bwahahahahaha

IPO's are great long term investments
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Old 05-21-2012, 11:02 AM   #6
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Quote:
Originally Posted by raskal311 View Post
A few days after ipo is not long term and a lost can be as good of a lessons as a win.
x2, as long as it was a safe amount wagered, she'll learn a lot more from losing than winning.
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Old 05-21-2012, 11:07 AM   #7
Don't ask questions you don't want the answer to..
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OP, remind me not to learn lessons about investing from you.... I would have lost everything if I had your attitude during the recession.
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Old 05-21-2012, 11:09 AM   #8
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Quote:
Originally Posted by XXXX View Post
Bwahahahahaha

IPO's are great long term investments
x2
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Old 05-21-2012, 11:17 AM   #9
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Quote:
Originally Posted by sunflower View Post
Long term investments should be with sound companies that have been around LONG TERM. Social media websites have life spans of about 9 months. There is already strong evidence that Facebook has questionable revenue and profit potential and usership is slowing dramatically.

Does anyone remember Myspace ? Friendster ?

Most objective and non hype analysts think Facebook should be valued at about 10-15$
what do u consider longterm? cuz facebook first launched feb 2004. thats 8 years
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Old 05-21-2012, 11:18 AM   #10
your TW web developer!
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facebook is what myspace wanted to be and it failed. 9 month life span? I doubt that, facebook aint going anywhere for a long time
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Old 05-21-2012, 11:22 AM   #11
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Quote:
Originally Posted by rondog View Post
facebook is what myspace wanted to be and it failed. 9 month life span? I doubt that, facebook aint going anywhere for a long time

Exactly, they aren't going anywhere. They are at the top of the game already. Not really anywhere to go. That is why their IPO was pretty much a flop.
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Old 05-21-2012, 11:22 AM   #12
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Quote:
Originally Posted by wrmathis View Post
what do u consider longterm? cuz facebook first launched feb 2004. thats 8 years
when did they actually get into the black....2 days ago?

Quote:
Originally Posted by rondog View Post
facebook is what myspace wanted to be and it failed. 9 month life span? I doubt that, facebook aint going anywhere for a long time
I will agree if your talking about their "older" users. The young could care less and less about Fakebook.


"A key group of young users of Facebook, Twitter and YouTube users are using the site less and less, according to new research. One in four 18-29 year-olds told Gartner that their use of social media had declined since they signed up, with many citing boredom as their reason for the decline.
The Gartner research also revealed that most users of all social media were “passive”, with looking at other users photographs the most popular occupation. Facebook is the largest repository of digital photographs in the world, and Google owns its key rival Picasa."
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Old 05-21-2012, 11:55 AM   #13
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Quote:
Originally Posted by chadderkdawg View Post
OP, remind me not to learn lessons about investing from you.... I would have lost everything if I had your attitude during the recession.
explain
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Old 05-21-2012, 11:57 AM   #14
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Quote:
Originally Posted by chadderkdawg View Post
OP, remind me not to learn lessons about investing from you.... I would have lost everything if I had your attitude during the recession.

lol...you were in high school when it really started 10 years ago.
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Old 05-21-2012, 11:59 AM   #15
I'm a zit. Get it?
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Quote:
Originally Posted by raskal311 View Post
A few days after ipo is not long term and a lost can be as good of a lessons as a win.
yep.

Quote:
Originally Posted by XXXX View Post
when did they actually get into the black....2 days ago?



I will agree if your talking about their "older" users. The young could care less and less about Fakebook.


"A key group of young users of Facebook, Twitter and YouTube users are using the site less and less, according to new research. One in four 18-29 year-olds told Gartner that their use of social media had declined since they signed up, with many citing boredom as their reason for the decline.
The Gartner research also revealed that most users of all social media were “passive”, with looking at other users photographs the most popular occupation. Facebook is the largest repository of digital photographs in the world, and Google owns its key rival Picasa."
very interesting.
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Old 05-21-2012, 11:59 AM   #16
Don't ask questions you don't want the answer to..
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Quote:
Originally Posted by sunflower View Post
explain
The stock has been on the market for less than 16 hours, and you are deeming it a failure... Granted I don't have an opinion on the stock, but rule number one in investments is that you don't watch the day to day trading.
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Old 05-21-2012, 12:00 PM   #17
Don't ask questions you don't want the answer to..
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Quote:
Originally Posted by XXXX View Post
lol...you were in high school when it really started 10 years ago.
High schooler's cant invest?
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Old 05-21-2012, 12:01 PM   #18
1st gen > 2nd gen
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Ive had a lot of these "long term" relationships then...
Friday night to Saturday morning....
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Old 05-21-2012, 12:16 PM   #19
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Quote:
Originally Posted by chadderkdawg View Post
High schooler's cant invest?
Sure then can.

Usually people in high school don't have sufficient funds for investing, but more power to you if you were investing as the market was beginning to crash. I bet you learned a lot when 2/3 of your money disappeared.
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Old 05-21-2012, 12:19 PM   #20
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Quote:
Originally Posted by chadderkdawg View Post
The stock has been on the market for less than 16 hours, and you are deeming it a failure... Granted I don't have an opinion on the stock, but rule number one in investments is that you don't watch the day to day trading.

I havent deemed it a failure.

However, the media hype has over ridden sound principals on this stock and its clouded peoples judgement.

Facebook is an unproven company in an unproven industry.

Like I said before, most objective analysts think this is a $10 stock.

We will see.

Some have projected this stock goes to $60 in a year.

Personally I wouldnt invest in it unless I could pay about $10
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