Poll

Diod you purchase stocks?

Yes
12 (16.9%)
No
59 (83.1%)

Total Members Voted: 71

Author Topic: Are you going to buy stocks in Facebook?  (Read 45341 times)

Offline Shmelly

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Re: Are you going to buy stocks in Facebook?
« Reply #80 on: May 20, 2012, 12:12:44 PM »
Totally different. Instead of bringing up a BRK, you'd have to find me a stock that's valuation was universally agreed upon was undervalued prior to its IPO (ie the opposite of GRPN, which was universally panned).
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Offline myb821

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Re: Are you going to buy stocks in Facebook?
« Reply #81 on: May 21, 2012, 12:45:25 PM »
down 11% trading at like 34

Offline AsherO

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Re: Are you going to buy stocks in Facebook?
« Reply #82 on: May 21, 2012, 03:52:21 PM »
down 11% trading at like 34

Because the IPO underwriters can't keep buying forever. I bet it would dip on Friday if they weren't buying to keep it above $38. It was overvalued, and still is IMHO. At least it has a sustainable business model (unlike GRPN).
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Offline HelpMe

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Re: Are you going to buy stocks in Facebook?
« Reply #83 on: May 21, 2012, 04:05:29 PM »
They have 900 million users. The question now is how they will make money off them. I would not put a fork in FB just yet.
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Offline Shmelly

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Re: Are you going to buy stocks in Facebook?
« Reply #84 on: May 21, 2012, 04:10:37 PM »
They have 900 million users. The question now is how they will make money off them. I would not put a fork in FB just yet.
+1. I have no idea how they will monetize all that (to date) priceless data, but when they figure it out, look out. 
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Offline AsherO

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Re: Are you going to buy stocks in Facebook?
« Reply #85 on: May 21, 2012, 04:15:08 PM »
They have 900 million users. The question now is how they will make money off them. I would not put a fork in FB just yet.

I'm not putting a fork in anything, I'm just stating that IMHO this stock is overvalued considering current financials and business/monetization plan. While it makes sense for some inflation in a stock's price due to speculation, I think the current price is still too high.

Having said that, they're already a viable company, and they have a lot of potential if they're able to execute. Having Sheryl Sandberg on their team helps too :)
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Offline AJK

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Re: Are you going to buy stocks in Facebook?
« Reply #86 on: May 21, 2012, 09:49:52 PM »
Right on the tail of that comment, read here for a pretty compelling article: http://www.businessinsider.com/what-is-facebook-worth-2012-5?op=1
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Offline AsherO

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Re: Are you going to buy stocks in Facebook?
« Reply #87 on: May 21, 2012, 09:59:33 PM »
Right on the tail of that comment, read here for a pretty compelling article: http://www.businessinsider.com/what-is-facebook-worth-2012-5?op=1

Thanks for sharing, it would be more impressive if that was posted (on businessinsider.com) last week.

P.s. What in the world are you doing on DDF while you're on the vacation of a lifetime? :P
« Last Edit: May 21, 2012, 10:03:02 PM by AsherO »
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Offline AJK

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Re: Are you going to buy stocks in Facebook?
« Reply #88 on: May 21, 2012, 10:28:02 PM »
Thanks for sharing, it would be more impressive if that was posted (on businessinsider.com) last week.

P.s. What in the world are you doing on DDF while you're on the vacation of a lifetime? :P

True, but interesting take nonetheless. Also, it'd be hard for this piece to be posted before he knew what the IPO was going to trade at conclusively.

(Shhh... we're in the middle of packing, and I had to "check my mail." :P)
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Offline mordy44

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Re: Are you going to buy stocks in Facebook?
« Reply #89 on: May 21, 2012, 10:36:46 PM »
FB is not GRPN. The stock will continue to slide until........

Offline AsherO

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Re: Are you going to buy stocks in Facebook?
« Reply #90 on: May 21, 2012, 10:55:38 PM »
FB is not GRPN. The stock will continue to slide until........

Are you replying to someone? Are you suggesting GRPN is a better buy than FB? On what merits?
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Offline mordy44

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Re: Are you going to buy stocks in Facebook?
« Reply #91 on: May 21, 2012, 11:18:49 PM »
No, its not better by any means. Just waiting for FB to hit a "appropriate value" like everyone else.  It's just a risky game because once the hedge funds decide that the value is reasonable.....BOOM (up)  ;)

Offline AsherO

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Re: Are you going to buy stocks in Facebook?
« Reply #92 on: May 21, 2012, 11:42:42 PM »
No, its not better by any means. Just waiting for FB to hit a "appropriate value" like everyone else.  It's just a risky game because once the hedge funds decide that the value is reasonable.....BOOM (up)  ;)

I was asking you to clarify your previous statement. Were you comparing/contrasting GRPN and FB? Please elaborate.
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Offline mordy44

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Re: Are you going to buy stocks in Facebook?
« Reply #93 on: May 21, 2012, 11:47:04 PM »
Was replying to:

Quote
wouldnt surprise me if FB will turn down like GRPN which now looks attractive at $12/share....


Offline AsherO

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Re: Are you going to buy stocks in Facebook?
« Reply #94 on: May 21, 2012, 11:53:09 PM »
Was replying to:

So what do you think is a fair valuation for FB?
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Offline smart brit

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Re: Are you going to buy stocks in Facebook?
« Reply #95 on: May 22, 2012, 01:34:50 AM »
So what do you think is a fair valuation for FB?
If I may nix in at current price fb is at 56×pe at 30× pe it may be an attractive buy.
But that said there are so many better options in the online advertisement business goog that sells 10× more Online adds is a better buy

Offline AsherO

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Re: Are you going to buy stocks in Facebook?
« Reply #96 on: May 22, 2012, 01:41:09 AM »
But that said there are so many better options in the online advertisement business goog that sells 10× more Online adds is a better buy

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...
« Last Edit: May 22, 2012, 02:28:54 AM by AsherO »
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Offline HelpMe

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Re: Are you going to buy stocks in Facebook?
« Reply #97 on: May 22, 2012, 01:44:45 AM »
P/E is not the tell all sign. Anyone happen to know what Goggles P/E was at the time of its IPO?
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Offline AsherO

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Re: Are you going to buy stocks in Facebook?
« Reply #98 on: May 22, 2012, 01:49:48 AM »
P/E is not the tell all sign. Anyone happen to know what Goggles P/E was at the time of its IPO?

An insane 195, but I wouldn't compare the two companies.
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Offline HelpMe

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Re: Are you going to buy stocks in Facebook?
« Reply #99 on: May 22, 2012, 01:54:44 AM »
An insane 195, but I wouldn't compare the two companies.
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.
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