[Leet8s usausausausausa]

Im at work sitting a couple of seats over from the Media trader, gonna be insane.

Guess the closing price game, I say 51.30

[jesterwords]

my buddy got 50 shares on the IPO

I wasn't so lucky in the lottery

[(oIo)]

My gf is going to buy $20k worth. One time dealer! I hope she knows what she is doing.

[Hughes4]

anybody want my myspace stock?

[sssssssivarT]

 

Originally Posted by (oIo)

My gf is going to buy $20k worth. One time dealer! I hope she knows what she is doing.

your girlfriend is retarded, technology stock never lasts

[Jaybone2315 J.B. Grindier]

So whats going on here?

I think I saw Unforseen talking shit about today in a facebook status yesterday but i didnt know wtf he was talking about.

Stocks on sale today I assume?

[sssssssivarT]

kys

[KingPariah]

 

Originally Posted by sssssssivarT

your girlfriend is retarded, technology stock never lasts

Somewhat agree. I definitely think that Facebook is more of a long-lasting fad than a fashion. I think either due to a major privacy issue, or something better coming out Facebook really loses a lot of steam in the next few years and we see it slowly replaced.

[BigEarn7 2010 Plattsburgh Award Winner]

Closes at 54.50 today.

Won't be buying, just bought some LNKD and ZNGA earlier though. Edited By: BigEarn7 May 18th, 2012 at 04:30 PM

[RichardHurtz]

closes at 48

[Zeppelin world traveler]

 

Originally Posted by KingPariah

Somewhat agree. I definitely think that Facebook is more of a long-lasting fad than a fashion. I think either due to a major privacy issue, or something better coming out Facebook really loses a lot of steam in the next few years and we see it slowly replaced.

I don't know anything about stocks or what facebook will do financially

But as a website I do not see facebook losing steam at all. Everybody is already on it and connected. Google + doesn't work because all of your friends are on fb, there is no reason to switch. I don't see any reason for fb to not be bigger than it is in 3-5-10 years.

[canad010]

 

Originally Posted by KingPariah

Somewhat agree. I definitely think that Facebook is more of a long-lasting fad than a fashion. I think either due to a major privacy issue, or something better coming out Facebook really loses a lot of steam in the next few years and we see it slowly replaced.

I agree completely. They are going to really have to start changing their advertising to appease to investors and it will get more and more intrusive. Since they know so much about our private lives and likes and dislikes, its going to get scary. Also, I just read that 44% of facebook users will never click on an on screen advertisement- which is their main source of income currently. I dont know where the site will go now that it is public, but I can only imagine how upset people will get, especially considering people were bitching for months about Timeline and The new Profile page- imagine what it will be like when they have to watch a 30second ad everytime they want to post on someones wall! ha

[BigEarn7 2010 Plattsburgh Award Winner]

 

Originally Posted by BigEarn7

Closes at 54.50 today.

Won't be buying, just bought some LNKD and ZNGA earlier though.

=(

[CANUKEH44]

Was watching Canada AM this morning. The guy who does the business news said 38.00 was the starting price. But it was going to depend on what BONO (U2) was going to be asking for his shares as an original investor. Went as far to say that He was probably going to make 1.1 Billion Dollars. LMAO Like he needs the money.
Good Luck everyone who is buying. Not sure if this is going to work out or not.

Just a stab I would say 78.50 by the end of the trading day.

[HeyNiceAscot]

Opened at 42. Currently at 38.19. Should be a fun day on Wall Street.

[Nickc011 The Law]

was following this a bit at the gym, should make for an interesting day.

[Geoff Moore]

Not a Zuckerberg fan and hope that a bunch of people don't lose money in this

over/under for when FB starts charging an annual fee?

[rebelfd]

I think FB ends up like AOL/Yahoo. Think of who FB is competing against, google, Microsoft, etc. They definitely have a leg up on FB. FB made 1 billion last year, so they're PE is ~100. That's insane it's not clear where or how they'll make revenue to get the PE to an Apple range of 13.

[rebelfd]

Just saw a ticker on CNBC. NASDAQ investigating problems with FB trading.

[Leet8s usausausausausa]

Lol is all

[rebelfd]

Enlighten me leets. You think FB will compete with google on ad dollar revenue?

[KingPariah]

 

Originally Posted by Geoff Moore

over/under for when FB starts charging an annual fee?

Absolutely never. Advertising dollars are where you make online revenue, not charging the user. If they start charging the user will just find a free service that runs on ad dollars. Which leads to their bigger problem..

Facebook's stock could get in trouble because people are starting to realize their ads aren't as effective as they once were, or once were perceived to be. Some big companies are starting to pull their ad dollars out of Facebook for this reason. Also, Facebook is struggling with how to get ads on the mobile platform because right now they are generating 0 dollars from mobile users. People are taking their ad dollars to more effective mediums like Google Ad Words. If Facebook loses its ad revenue they can't continue to grow like they are. Also, a lot of the older demographic gave Facebook a shot and stopped logging in often, or gave up all together. My generation will eventually get bored with it when something with more of a purpose than staying in touch with others comes along.

[Zeppelin world traveler]

 

Originally Posted by KingPariah

My generation will eventually get bored with it when something with more of a purpose than staying in touch with others comes along.

Wait what? You don't see the purpose of staying in touch with people and networking?

[Geoff Moore]

 

Originally Posted by KingPariah

Absolutely never. Advertising dollars are where you make online revenue, not charging the user. If they start charging the user will just find a free service that runs on ad dollars. Which leads to their bigger problem..

Facebook's stock could get in trouble because people are starting to realize their ads aren't as effective as they once were, or once were perceived to be. Some big companies are starting to pull their ad dollars out of Facebook for this reason. Also, Facebook is struggling with how to get ads on the mobile platform because right now they are generating 0 dollars from mobile users. People are taking their ad dollars to more effective mediums like Google Ad Words. If Facebook loses its ad revenue they can't continue to grow like they are. Also, a lot of the older demographic gave Facebook a shot and stopped logging in often, or gave up all together. My generation will eventually get bored with it when something with more of a purpose than staying in touch with others comes along.

your entire second paragraph makes my point

[rebelfd]

Wonder if the FB top brass are buyers or sellers over the days weeks months?

[KingPariah]

 

Originally Posted by zeppelinzoso16

Wait what? You don't see the purpose of staying in touch with people and networking?

No, I am saying that is the main appeal of Facebook but eventually another service will come along that offers this plus some other huge cant-live-without service and people will migrate to it. There was no reason to switch to Google Plus because it was basically the same crap with some other small features.

Edit: Think ICQ, AIM, Myspace..none of them got as popular as Facebook and none were as innovative, but history shows that people will quit using one service when they perceive another as more beneficial. It will take a lot longer given the fan base, but eventually something will trump Facebook. Edited By: KingPariah May 18th, 2012 at 05:57 PM

[KingPariah]

 

Originally Posted by Geoff Moore

your entire second paragraph makes my point

Facebook will look for other ways to generate ad revenue. They are smart enough to know that they should find other methods of doing this rather than charging a yearly fee because they would be shooting themselves in the foot and they know it. I just think if they can't generate ad revenue they slowly fade rather than trying to charge users, which is why they will try to come up with a more effective/more creative way of running ads. I will be absolutely shocked if FB ever tried charging users an annual fee, it would annihilate their fan base.

[goofy2485 This thread sucks.]

 

Originally Posted by Geoff Moore

Not a Zuckerberg fan and hope that a bunch of people don't lose money in this

over/under for when FB starts charging an annual fee?

Never?

Itd be absolutely retarded for them to do it. They make so much cause of how many people are on it. If they charged a fee, everybody would jump somewhere else and their customer base would be cut to like 10% of what it is now.

[Geoff Moore]

I think if FB charged $9-99-$19.99/year enough people would pay it. There's expected to be 1,000,000,000 users by August of this year. Even if only half of those people paid it would be enough to keep investors happy imo

How many people here that have a FB account would refuse to pay $10/year in order to keep using it? Edited By: Geoff Moore May 18th, 2012 at 06:00 PM

[KingPariah]

 

Originally Posted by Geoff Moore

I think if FB charged $9-99-$19.99/year enough people would pay it. There's expected to be 1,000,000,000 users by August of this year. Even if only half of those people paid it would be enough to keep investors happy imo

If you think half of those people would pay you're high. There are a lot of deeply engaged users, but a majority of the fan base is not engaged enough to pay that fee. The people that do pay the fee will notice more than 50% of their friend list is gone, and would not return for a second year because another service would take advantage of the fact that Facebook became dumb enough to charge.