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hisah
#151 Posted : Tuesday, May 29, 2012 7:10:32 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Drunkard wrote:
Are you guys still complaining about facebook IPO, Facebook could as well be on its way to acquiring Opera systems, the shares is already up 26% from the rumors!

@Drunkard - unless your market feed is from an unearthly exchange, the FB ticker is reading 6%+ down today!? Current FB price is $29.77. In 8 trading days the $30 handle is lost.
Britank.com...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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holycow
#152 Posted : Tuesday, May 29, 2012 7:13:06 PM
Rank: Veteran

Joined: 11/11/2006
Posts: 972
Location: Home
Drunkard wrote:
Are you guys still complaining about facebook IPO, Facebook could as well be on its way to acquiring Opera systems, the shares is already up 26% from the rumors!


Really?? It touched an all time low today according to Reuters.
Stock of the world's No. 1 social network briefly skirted a record trough of $30.03 and was down 5.6 percent at $30.12 at midmorning.
Check the link below

http://www.reuters.com/article/...es-idUSBRE84S0VR20120529
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Drunkard
#153 Posted : Tuesday, May 29, 2012 7:45:13 PM
Rank: User

Joined: 5/3/2011
Posts: 559
@Hisah and holycow, opera System share, there is no logical sense why an acquirer share price would increase market doesn't work like that!
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Nabwire
#154 Posted : Tuesday, May 29, 2012 9:03:24 PM
Rank: Veteran

Joined: 7/22/2011
Posts: 1,325
Drunkard wrote:
@Hisah and holycow, opera System share, there is no logical sense why an acquirer share price would increase market doesn't work like that!



Let me translate for him, he meant that FB is rumored to be acquiring Opera systems, so the stock price of Opera is up 26%, not FB stock. Im working double time to translate his Spanglish Laughing out loudly though on looking up Opera Systems, Yahoo! search had no such results!! So maybe Opera needs to be translated for me too!!
On a serious note, before you make so much fun of FB, lets not forget just how much cash they have on hand. I think this will turn out to be a Cinderella story....
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QW25091985
#155 Posted : Tuesday, May 29, 2012 9:21:30 PM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
hew can opera value itself at over 1 billion dollars ? wow ! what assets does it have ? other than the servers that compress data for mobile ?
just the other day FB buys instagram...

me i think this company (FB)is losing focus
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Drunkard
#156 Posted : Tuesday, May 29, 2012 10:15:51 PM
Rank: User

Joined: 5/3/2011
Posts: 559
QW25091985 wrote:
hew can opera value itself at over 1 billion dollars ? wow ! what assets does it have ? other than the servers that compress data for mobile ?
just the other day FB buys instagram...

me i think this company (FB)is losing focus


I guess in your mind, asset means a big building! technology is the greatest of all asset and Opera could have that! Facebook will be a great company! Viva facebook!
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youcan'tstopusnow
#157 Posted : Tuesday, May 29, 2012 11:04:40 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
''Russia's biggest social
network, VKontakte, has now postponed its stock market launch, fearing a repeat of Facebook's problems.''
GOD BLESS YOUR LIFE
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Nabwire
#158 Posted : Tuesday, May 29, 2012 11:34:56 PM
Rank: Veteran

Joined: 7/22/2011
Posts: 1,325
Drunkard do you have a link for Opera stock? Just curious to see what the company is about, where are they listed? Nasdaq?
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hisah
#159 Posted : Wednesday, May 30, 2012 8:48:46 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Drunkard wrote:
@Hisah and holycow, opera System share, there is no logical sense why an acquirer share price would increase market doesn't work like that!

I thot u meant FB was up 26%. Until FB figures out a way of monetizing mobile app traffic, they'll experience the Nokia & Microsoft mobile tie up flop. FB has a lot of free cash, but their rushed acquisitions don't send a cool message to deep pocket investors. So far PIMCO & Buffet have voted it a no go zone. Just hoping you dont get trapped in it like britank. Or do u want another shorting bet with me again like last year with britank smile

@Nabwire - This is the opera rumour link - www.valuewalk.com/2012/0...shares-to-all-time-high/
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#160 Posted : Wednesday, May 30, 2012 9:02:19 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
And here we see 'fadebook' closed at $28.84. Down more than 20% a few days after listing. A lot of angry class-action lawsuits out there...

www.todayonline.com/Busi...1/Facebook-stock-tumbles

Dear @genghiscapital - please give us your views on this thing. We need ayes & nays to balance since nays so far outweigh...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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