Thread: Facebook (Meta)

I had put in a stop below $30 and I'm out. What a disaster.

Originally Posted by Intrepid_Timer

If they had priced the IPO at $29, there would be more happy people right now. I know they recently raised the IPO price to $38, I wonder what it was before?VALUATION GURU: Facebook Is Worth $29 - Business Insider

Guess this guy who valued FB at $29 is adding to his legendary status. Don't know what calls he has made that didn't work out though...................

Originally Posted by Intrepid_Timer

Guess this guy who valued FB at $29 is adding to his legendary status. Don't know what calls he has made that didn't work out though...................

Hmmm, maybe I should pick some up at $29 and see where it goes... How about those folks that price FB at $9

Meanwhile, Ford Motor Company (Symbol F) , who actually MAKES something, is making money every year, and is trading at 6 times earnings, at just $10.82 a share.


V-A-L-U-E.


F? or FB?

Options market is going crazy today on FB stock to. Seems to indicate facebook is expected to be below 20 by Jan 2013.


FB Options | Facebook, Inc. Stock - Yahoo! Finance

That is just waaaaayyy too wild a movement.

Originally Posted by James48843

Meanwhile, Ford Motor Company (Symbol F) , who actually MAKES something, is making money every year, and is trading at 6 times earnings, at just $10.82 a share.


V-A-L-U-E.


F? or FB?

AND, Ford didn't become part of Government Motors!

Originally Posted by Intrepid_Timer

With Facebook up this morning, any chance those that invest in it could be considered the dumb money and as such, could it be considered a contrarian indicator? Nothing personal mind you...........

That's it, I'm adding Facebook to my timing system as a contrarian indicator.................

Wow, Facebook was down 8.5% in regular trading today, and after announcing, and beating, earnings after hours, they are down another 9.5%. Thought about buying prior to the earnings release late today, but haven't been in the mood to gamble. Sheew! Dodged a bullet.

Originally Posted by tsptalk

Wow, Facebook was down 8.5% in regular trading today, and after announcing, and beating, earnings after hours, they are down another 9.5%. Thought about buying prior to the earnings release late today, but haven't been in the mood to gamble. Sheew! Dodged a bullet.

See what I mean about contrarian indicator? Tomorrow should be up for the markets also.....................

might be a buy after this excessive knee-jerk

Originally Posted by sniper

might be a buy after this excessive knee-jerk

I wouldn't touch it with your money. A Facebook phone? Really? Give me a break. Facebook, zynga, apple, google....... This stuff is near a top. I don't think it's over but the easy money has been made. Look at microsoft. Its stock has been flat for years? I have a feeling we are near a 2000 tech bubble burst scenario with these stocks. Way overhyped and overpriced.

Dont get me wrong. I think software and the like is the future. But these stocks aren't. Just MHO. Look for the next big thing to buy.