Skip to comments.Jim Cramer Many people do not even have their orders filled..$FB a giant fiasco and a hidden one..
Posted on 05/19/2012 8:03:59 PM PDT by SMGFan
Jim Cramer Tweeting and requesting tweets about possible problem with NASDAQ Facebbok
(Excerpt) Read more at twitter.com ...
Not likely, but the shorting will commence this week, I guarantee it.
On the first day of trading, there is no stock available for loan in order to take a short position, as the trades have not yet been settled to establish the holder of record. FB is truly a dog with fleas from a potential earnings perspective. I anticipate it trading in the $10 range in short order, but $2 - $4 is what it is really worth.
The intelligent investor would have never bought this crap in the first place!
So does that mean those who bought stock aren’t getting it?
Couldn't figure out if it was a ploy to try to boost the market and instill "confidence" or just incredibly bad timing for them to go public.
And they will, because all the young, smart people want to work there rather than, say, General Motors. What they do today is almost irrelevant, other than that they have 900 million people already favorably disposed toward their brand. The IPO price reflects what they are about to morph into.
Correct you are! I’m going long Jiffy Pop, it’ll be worth it!
Let me join Knuckle-Dragging Conservatives!
Dunno if the hyphen makes a difference. I left it out.
As with the "Holy Grail" knights - "RUN AWAY1"
Actually, you received a sign that God loves you. :-)
Whats ur FB name... freepmail it....
It’s an IRL name, so when I can see yours I’ll show you mine.
All you should need to do I think is edit your profile in Facebook and under Politics, enter “Knuckle Dragging Conservative” (without the quotes of course) in the blank and make it visible to the world (not just friends). Then commit the edit. Now, under your profile, “Knuckle Dragging Conservative” will show up as a neat blue link. Click that link and you will see the spiffy group that you have just joined... probably with nobody else in it that you can see yet. Let me know and I’ll open mine to the world too, at least for a short time (I am looking for a professional job and don’t necessarily want prospective employers to see that, lol).
I think it was Yahoo who told me, when I clicked "No" on their "Advertising? Yes/No" window that if said "Yes" I would get ads oriented towards my interests; if I said "No", I would still get ads, although they would just be of a "one size fits all" variety. ("You VILL get ads, Ja?")
Sent you my IRL name. Don’t share it. Also created a group, Knuckle Dragging Conservatives.
You mean your real name isn’t Laz A. Mataz?
This is Freepmail, right? Not sure which button I pressed. Ever since all the heart problems I'm a little forgetful.
This has been discussed before. They are pushing SQL technology to its limits. They should take some of this capital and invest in an entirely new DB, on tailored for FB.
There are two ways to make money on ads --clicks and impressions.
Even though you rarely notice and don't click on the ads, the fact that they are being displayed on a page you're viewing means that FB is making money off of your presence on their site.
They have the funds to make that happen, but the will or the courage to do so? That's another story.
I've seen FR postings show up on Google within an hour or two of the original post.
The IPO was supposed to let movers and shakers in the intial offerings, let it get bid up by the suckers while the shaker buddies sell out and make a mint quickly. I guess it didnt work that way.
Some people say that FB is of enormous interest to the DOD and other sources for its info gathering purposes.
nz is probably a bad example because folks there may actually have some money to spend, and things like post offices to deliver things they buy, etc.
I would say users in 3rd world areas are the ones that are worth a big zero. western europe, north america, australia/nz is where I would think the real potential revenue is. don’t know about fb and asia.
the market, on a daily basis, is now computer vs computer. it is a totally different animal than when I started trading in the mid-90s. at that time it was still a human-reaction-speed market. now, as a trader, the single biggest threat to me is not other traders but computers doing things intentionally to make me stop out, etc.
MSCO would only have been expected to buy a set amount of facebook before letting it crack 38 (who knows how much, an awful lot obviously).
The things I thought of here are 1) this was a HUGE offering, hundreds of millions of shares and 2) more retail got allocations than any IPO I Have ever heard of, which is in itself a contrarian indicator.
Laz, Laz, Laz, we all love you just the way you are. Dont ever change.
fyi - my 15 year-old daughter and all of her friends have completely abandoned FB. They’re all over Twitter now (”it’s more fun”). Next year it will probably be something else. Dump FB - it’s going down fast (MySpace?). FB waited way too long to IPO - tech changes too fast these days.
FB’s best bet is to start charging users to see who’s been stalking them (a la LinkedIn). They would raise a ton of cash. Of course, it would spell the beginning of the end, but that’s happening anyway.
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