Are you going to buy stocks in Facebook?

[AsherO]

I thought it was north of 200 but I will go with 195. See how we can play with numbers all day and not really get anywhere. We heard the same over valued arguments with Goggles IPO and we seen what that stock has done.

Correction, it's being reported at 195 all over the interwebs, but this detailed answer of 67.5 seems to be much more accurate.

ETA: EPS kinda confirmed by ycharts:

[smart brit]

\You're suggesting that FB would be an attractive buy at 30x P/E, when you probably wouldn't touch GOOG at 30x P/E...

One has to take into account other factors ex growth rate and potential etc

[smart brit]

I'm not comparing them but they share a business model. The only stream of Rev for fb is online adds

[AsherO]

One has to take into account other factors ex growth rate and potential etc

So you think FB has 2-3 times the potential of Google?

[HelpMe]

Bought @ 31.75. Put in a 1.00 trailing stop. Will sell at close if stop is not hit.

[AsherO]

Bought @ 31.75. Put in a 1.00 trailing stop. Will sell at close if stop is not hit.

Nice bet. So now you're a day trader too?

[HelpMe]

Other than for my IRA that is all I do.

[HelpMe]

Bought @ 31.75. Put in a 1.00 trailing stop. Will sell at close if stop is not hit.

Stop hit at 32.58.

[myb821]

Bought @ 31.75. Put in a 1.00 trailing stop. Will sell at close if stop is not hit.

Excuse my ignorance what is a trailing stop

[AsherO]

Excuse my ignorance what is a trailing stop

http://www.investopedia.com/terms/t/trailingstop.asp#axzz1vcIVpxjC

Basically, as long as there's liquidity, your shares sell as soon as the stock drops $1 from the highest price (peak) after you placed the order.

(someone please CMIIW)

[myb821]

http://www.investopedia.com/terms/t/trailingstop.asp#axzz1vcIVpxjC

Basically, as long as there's liquidity, your shares sell as soon as the stock drops $1 from the highest price (peak) after you placed the order.

(someone please CMIIW)

interesting

[smart brit]

So you think FB has 2-3 times the potential of Google?

No way but at some point they would be aloud in China and that would be huge for them

[AsherO]

No way but at some point they would be allowed in China and that would be huge for them

FTFY

1. Whether they'll ever be allowed in China is TBD, highly speculative to hope for that.
2. Is FB willing to comply with China's legal policies?
2. Google was allowed to operate in China and chose not to, FB's operations are run by Sheryl Sandberg, a former Google executive.
4.  Chinese FB aren't as valuable as US users, so it is TBD how they'd monetize that userbase.

[mercaz1]

also they need to monetize thier user base better before they get to china otherwise they are in the same place they are in now

[Shmelly]

The key to facebooks growth will be well planned acquisitions (ie NOT Instagram), much like Google. For example, if they were to buy an ad network, they have a ridiculous amount of data with which they can integrate and target the ads.

[mercaz1]

The key to facebooks growth will be well planned acquisitions (ie NOT Instagram), much like Google. For example, if they were to buy an ad network, they have a ridiculous amount of data with which they can integrate and target the ads.

yeah but so far no company has found a way to do good mobile ads which is where the next big platform is going to be

[AsherO]

yeah but so far no company has found a way to do good mobile ads which is where the next big platform is going to be

I think the key to that is targeted local offers, which Google is in place to implement with the Android mobile OS.

[HelpMe]

http://www.investopedia.com/terms/t/trailingstop.asp#axzz1vcIVpxjC

Basically, as long as there's liquidity, your shares sell as soon as the stock drops $1 from the highest price (peak) after you placed the order.

(someone please CMIIW)

I would just add it can be a percentage or dollar amount.

[AsherO]

I would just add it can be a percentage or dollar amount.

Well, in your case it was $1, really I should've written $x (or x%).

[smart brit]

FTFY

1. Whether they'll ever be allowed in China is TBD, highly speculative to hope for that.
2. Is FB willing to comply with China's legal policies?
2. Google was allowed to operate in China and chose not to, FB's operations are run by Sheryl Sandberg, a former Google executive.
4.  Chinese FB aren't as valuable as US users, so it is TBD how they'd monetize that userbase.

+1
Agree and that's why I'm not a buyer now even below 31