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hope you didnt buy facebook stock

Discussion in 'Stocks & Investments' started by sunflower, May 21, 2012.

  1. May 21, 2012 at 9:48 AM
    #1
    sunflower

    sunflower [OP] Well-Known Member

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    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 !!!
     
  2. May 21, 2012 at 9:52 AM
    #2
    raskal311

    raskal311 Well-Known Member

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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.
     
  3. May 21, 2012 at 9:53 AM
    #3
    GP3

    GP3 Well-Known Member

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    It's only an "oops" if they are teaching her that 2 days is long term...
     
  4. May 21, 2012 at 9:59 AM
    #4
    sunflower

    sunflower [OP] Well-Known Member

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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$
     
  5. May 21, 2012 at 10:01 AM
    #5
    XXXX

    XXXX Well-Known Member

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    Bwahahahahaha

    IPO's are great long term investments :rolleyes:
     
  6. May 21, 2012 at 10:02 AM
    #6
    Pugga

    Pugga Pasti-Dip Free 1983 - 2015... It was a good run

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    x2, as long as it was a safe amount wagered, she'll learn a lot more from losing than winning.
     
  7. May 21, 2012 at 10:07 AM
    #7
    chadderkdawg

    chadderkdawg 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.
     
  8. May 21, 2012 at 10:17 AM
    #8
    wrmathis

    wrmathis Dark Lord of the Sith

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    what do u consider longterm? cuz facebook first launched feb 2004. thats 8 years
     
  9. May 21, 2012 at 10:18 AM
    #9
    rondog

    rondog Well-Known Member

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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
     
  10. May 21, 2012 at 10:22 AM
    #10
    krap22

    krap22 Well-Known Member

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    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.
     
  11. May 21, 2012 at 10:22 AM
    #11
    XXXX

    XXXX Well-Known Member

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    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."
     
  12. May 21, 2012 at 10:55 AM
    #12
    sunflower

    sunflower [OP] Well-Known Member

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    explain
     
  13. May 21, 2012 at 10:57 AM
    #13
    XXXX

    XXXX Well-Known Member

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    lol...you were in high school when it really started 10 years ago.
     
  14. May 21, 2012 at 10:59 AM
    #14
    jgwheeler17

    jgwheeler17 I'm a zit. Get it?

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    yep.

    very interesting.
     
  15. May 21, 2012 at 10:59 AM
    #15
    chadderkdawg

    chadderkdawg Don't ask questions you don't want the answer to..

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    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.
     
  16. May 21, 2012 at 11:00 AM
    #16
    chadderkdawg

    chadderkdawg Don't ask questions you don't want the answer to..

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    High schooler's cant invest?
     
  17. May 21, 2012 at 11:01 AM
    #17
    Rucas

    Rucas 1st gen

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    Ive had a lot of these "long term" relationships then...
    Friday night to Saturday morning.... :rolleyes:
     
  18. May 21, 2012 at 11:16 AM
    #18
    XXXX

    XXXX Well-Known Member

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    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.
     
  19. May 21, 2012 at 11:19 AM
    #19
    sunflower

    sunflower [OP] Well-Known Member

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    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
     
  20. May 21, 2012 at 11:21 AM
    #20
    bethes

    bethes Señorita Member

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    Facebook started being uncool when people's moms started getting accounts an sending friends requests. It'll linger on for a while, just like newspapers, until those of us who are old enough now to remember life before Facebook quit bothering with it.

    My guess is 1/4 of the accounts on there are duplicates for people who want an anonymous account to watch people who blocked them (or who they blocked), or they forgot their login info from an old account, or they have a searchable account for their boss to see and a non-searchable account for their friends, etc.
     

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