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Facebook IPO
Nabwire
#81 Posted : Thursday, May 17, 2012 9:09:49 AM
Rank: Veteran

Joined: 7/22/2011
Posts: 1,325
hisah wrote:
youcan'tstopusnow wrote:
Facebook says it will sell
25% more shares than first planned in its flotation in response to strong demand.
The move comes one day
after the social networking giant said it would raise the price of the shares by 21% to between $34-$38 a share.

It also comes despite doubts about the profitability of the site, which is largely used for
social updates.
Car giant General Motors added to those doubts by saying on Tuesday it would no longer pay to advertise on the site.
However, rival Ford said it would continue its social media strategy. A spokesman said: "You just can't buy your way into Facebook. You need
to have a credible presence and be doing innovative things."

http://www.bbc.co.uk/news/business-18086426

Goal post shifting...


Hisah uko down! How now? The fact that the IPO is already oversubscribed even afterthey raised the price, is surely a good thing for FB!
KenyanLyrics
#82 Posted : Friday, May 18, 2012 4:21:47 PM
Rank: Veteran

Joined: 4/16/2010
Posts: 906
Location: Nairobi
... in 3, 2, 1...
hisah
#83 Posted : Friday, May 18, 2012 6:44:00 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Opens at 10%... (btw NASDAQ was having issues opening it - for whatever reasons...) Failed to launch this one... In a few months (4 -6) time this thing will be below IPO price...

I still see this stock as the ultimate market top signal...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#84 Posted : Friday, May 18, 2012 6:50:12 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Still Nasdaq has a problem with FB... "service unavailable" says the link - http://www.nasdaq.com/symbol/fb

Bloomberg is on - http://www.bloomberg.com/quote/FB:US - now reading 7%
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#85 Posted : Friday, May 18, 2012 6:53:55 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Bloomberg wrote:
Facebook Inc. (FB) gained as much as 18 percent in its trading debut, following a record initial public offering that made the social network more costly than almost every company in the Standard & Poor’s 500 Index. (SPX)

The shares advanced 11 percent to $42.18 at 11:30 a.m. in New York, after earlier surging as high as $45, giving it a market value of $123.4 billion. Facebook sold 421.2 million shares at $38 each to raise $16 billion yesterday. The IPO price valued the company at 107 times trailing 12-month earnings, more than every S&P 500 member except Amazon.com Inc. and Equity Residential.


Down we go... Now 5% up... Won't be shocked if it closes flat or below listing price.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
QW25091985
#86 Posted : Friday, May 18, 2012 7:02:12 PM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
hisah wrote:
Bloomberg wrote:
Facebook Inc. (FB) gained as much as 18 percent in its trading debut, following a record initial public offering that made the social network more costly than almost every company in the Standard & Poor’s 500 Index. (SPX)

The shares advanced 11 percent to $42.18 at 11:30 a.m. in New York, after earlier surging as high as $45, giving it a market value of $123.4 billion. Facebook sold 421.2 million shares at $38 each to raise $16 billion yesterday. The IPO price valued the company at 107 times trailing 12-month earnings, more than every S&P 500 member except Amazon.com Inc. and Equity Residential.


Down we go... Now 5% up... Won't be shocked if it closes flat or below listing price.



dont be excited or saddened by the intraday fluctuations the closing numbers are whats important .
hisah
#87 Posted : Friday, May 18, 2012 7:26:33 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
QW25091985 wrote:
hisah wrote:
Bloomberg wrote:
Facebook Inc. (FB) gained as much as 18 percent in its trading debut, following a record initial public offering that made the social network more costly than almost every company in the Standard & Poor’s 500 Index. (SPX)

The shares advanced 11 percent to $42.18 at 11:30 a.m. in New York, after earlier surging as high as $45, giving it a market value of $123.4 billion. Facebook sold 421.2 million shares at $38 each to raise $16 billion yesterday. The IPO price valued the company at 107 times trailing 12-month earnings, more than every S&P 500 member except Amazon.com Inc. and Equity Residential.


Down we go... Now 5% up... Won't be shocked if it closes flat or below listing price.



dont be excited or saddened by the intraday fluctuations the closing numbers are whats important .

I wish I were excited with FB... If you look at my posts on this thread, I have been on the sell side of it and don't understand its hype. Maybe coz I'm not a FB user makes me biased. Also with Goldman at the front of it, that just rockets up my skeptical meter. GS is known for shitty deals and the latest leak on their naked short selling stunts, stinks to the heavens.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#88 Posted : Friday, May 18, 2012 7:46:39 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
As it happened in euroland - pre market...


Read it here in German - http://www.mmnews.de/ind...erste-kurse-bei-65-euro
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
youcan'tstopusnow
#89 Posted : Friday, May 18, 2012 10:06:18 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Facebook's flotation had an immediate impact on the value of these companies, as their share prices fell at the same time as Facebook's fell
back from its initial spike.
Groupon dropped 5.6%,
LinkedIn fell 1.2%, while
shares in Zynga were
suspended twice after
plunging more than 13% in a matter of minutes.

http://www.bbc.co.uk/news/business-18115914

Facebook ni baba yao...
GOD BLESS YOUR LIFE
Nabwire
#90 Posted : Saturday, May 19, 2012 5:00:37 AM
Rank: Veteran

Joined: 7/22/2011
Posts: 1,325
Hisah I must commend your skepticism, you were partly right as it closed flat. But let it not be lost that it spiked at the opening( dont know if traders benefited since there was a glitch) and time will tell if it will go the Google way or not. Im just amazed at how a couple of people have joined the Billionaire's club overnight!
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