bryce12 Posted June 9, 2012 Posted June 9, 2012 Hey guys, Did you invest in Facebook? What is your opinion about its stock performance and allegations that fund managers lied to public about its potential. The way FB's stock is performing, I am not very bullish about Facebook's future. Some fund managers have even predicted that Facebook will disappear in the near future. Quote
ridwan sameer Posted June 9, 2012 Posted June 9, 2012 Never invested. But I read about that stumble... facebook shouldve stuck to advertising.. They were already making millions. That's what happens when greed takes over Quote
Thomas Posted June 10, 2012 Posted June 10, 2012 Facebook is one of the webs big three (google, Wikipedia, Facebook) so it isn't going to disappear overnight. They have something like 7,000,000 users if I remember (although it is probably more) I don't even think some of the bigger forums have that amount of activity or members. With all of that I think it is just a matter of time till it levels out. Could you guys really see it disappearing? Quote
Marc Posted June 10, 2012 Posted June 10, 2012 (edited) Facebook is one of the webs big three (google, Wikipedia, Facebook) so it isn't going to disappear overnight. They have something like 7,000,000 users if I remember (although it is probably more) I don't even think some of the bigger forums have that amount of activity or members. With all of that I think it is just a matter of time till it levels out. Could you guys really see it disappearing? Yes. And to be honest I would put a few hundred of my own money on a bet that it will within the next 5 years before I put that same few hundred in stocks of facebook. These things would have been said years ago, however we should have far too much experience and know better by now. As an example how many of these statements are true. Yahoo is the biggest search engine on the net Geocities is the most popular place to go to for building yourself a free website MySpace is the largest social network on the net Hotmail is the largest free online email facility Netscape is unbeatable as a browser Explorer is unbeatable as a browser Firefox is unbeatable as a browser Nokia are the ultimate in mobile phone manufacturer Someone will always beat the big boys. The only exception there has every really been to this rule is microsoft Operating systems, and thats because they were around at the right time and practically the whole world is integrated with them in one way or another. Edited June 10, 2012 by Marc bryce12 1 Quote
dexterlablab1 Posted June 11, 2012 Posted June 11, 2012 Well, the reality is that they deserve what's happening to them. They wanted to be stock market indexed so bad that they lied to investors about their prospects. Well .....more like omitted certain truths that they KNOW investors wouldn't have sunk their money into Facebook had they known otherwise. And their main theme is "we have ads" is what they use to fund themselves. So in other words, they're only as good as the advertisers that work on their platform. That simply isn't going to get it done in the stock market They need a financial income of their OWN, not residual dependent on others. As of late Facebook has been making all the wrong moves imaginable. Quote
Victor Leigh Posted June 11, 2012 Posted June 11, 2012 I don't think Facebook is about to sink like the Titanic any time soon. From what I have read, the fall in stock price is actually the market making adjustments. Apparently the stock was over-priced when it was launched. So now it's just settling down to what it's price should actually have been. This kind of thing happens all the time on the stock market. Nothing much to get excited about. Unless you bought Facebook shares at 35usd. Quote
dexterlablab1 Posted June 11, 2012 Posted June 11, 2012 I don't think Facebook is about to sink like the Titanic any time soon. From what I have read, the fall in stock price is actually the market making adjustments. Apparently the stock was over-priced when it was launched. So now it's just settling down to what it's price should actually have been. This kind of thing happens all the time on the stock market. Nothing much to get excited about. Unless you bought Facebook shares at 35usd. Except for the fact that their stock is STILL fluctuationg to this day and not showing a hint of stabilizing. And people are mad because Facebook's brokers NEW the stock was over priced and they purposely didn't let investors know until the last minute and cashed in on them. That's why their about to be sued. Quote
Victor Leigh Posted June 12, 2012 Posted June 12, 2012 Except for the fact that their stock is STILL fluctuationg to this day and not showing a hint of stabilizing. And people are mad because Facebook's brokers NEW the stock was over priced and they purposely didn't let investors know until the last minute and cashed in on them. That's why their about to be sued. Stock prices are supposed to be fluctuating. There won't be a stock market if prices do not move up and down. It's the undcertainty of the market which makes it interesting. As for the brokers' negligence in not informing the general public about the actual worth of the share before it was launched, that will be something to be sorted out by the courts. From what I have read, what they have done is not exactly illegal. Quote
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