Anybody buying FB today?

[widgeon13]

Will you buy and sell today? What will be the high at the end of the day?

I suppose 100 shares couldn't hurt that much.

[stomachmonkey]

No.

[speeder]

It will not be available to small, independent investors from what I understand. Brokerage firms, including the popular online ones, are only making the purchase available for their bigger clients.

[MMiller]

It's over valued... so no.

[matthew-s]

I just read at $38, it trades at 100x historical earnings? Um, no thanks.

[widebody911]

Negatory.

[Kraqus]

Nope....I don't gamble.




Benny

[Christien]

I think if you could get in this morning at $38 and sell tomorrow at $50-100, it'd be fine, but no way I'd hold on to that long-term. IMO, facebook can really only go down. Its popularity is already waning, at least from my perspective. And GM yesterday announced they were pulling their paid advertising. In doing some research a while back, I came across a few people who said the dirty little secret about FB advertising is that it doesn't work.

[onewhippedpuppy]

Originally Posted by Christien

I think if you could get in this morning at $38 and sell tomorrow at $50-100, it'd be fine, but no way I'd hold on to that long-term. IMO, facebook can really only go down. Its popularity is already waning, at least from my perspective. And GM yesterday announced they were pulling their paid advertising. In doing some research a while back, I came across a few people who said the dirty little secret about FB advertising is that it doesn't work.

Agreed. The next big thing will come along and people will dump FB like a bad habit. I'm not a big investor, but it just screams bubble stock. I predict an early buying frenzy drives up the price, then it eventually tanks.

[widebody911]

As with YouTube, I didn't even know FB had advertising until I used a machine that didn't have FireFox and AdBlock PLus. Why anyone would surf the web with out these I don't know.

[widebody911]

Anyone remember when Murdoch bought MySpace for $580M?

[stomachmonkey]

People are figuring out the ad (revenue) model is broken.

Sure you get impressions but they are meaningless without click-thru.

They are still generating revenue since they are still driving sign ups.

One they start hitting saturation that revenue is going to dry up faster than spit in a desert.

[techweenie]

Originally Posted by stomachmonkey

People are figuring out the ad (revenue) model is broken.

Sure you get impressions but they are meaningless without click-thru.

They are still generating revenue since they are still driving sign ups.

One they start hitting saturation that revenue is going to dry up faster than spit in a desert.

Impressions are not meaningless, but they are getting cheap. A reasonable click-through ratio will prop up impression sales.

FB has a long way to go before saturation, it's a new-generation play, not for old farts who have little use for what it brings.

In an IPO, the strategy is to price a share to leave 20% on the table. Those with the flexibility to sell right away get a 20% reward for putting their money up. Sometimes the calculation is off and shares drop like a stone. Sometimes shares double. We won't know market value until a week or two of trading. It is very much a roll of the dice.

[Christien]

Let me as this: how many of you guys have ever actually clicked on an ad on facebook. Or anywhere else for that matter? I don't think I ever have, at least not deliberately. Ever.

[techweenie]

Early indications are that the stock is going to $70 or better today.

[stomachmonkey]

Originally Posted by techweenie

Impressions are not meaningless, but they are getting cheap. A reasonable click-through ratio will prop up impression sales.

FB has a long way to go before saturation, it's a new-generation play, not for old farts who have little use for what it brings.

In an IPO, the strategy is to price a share to leave 20% on the table. Those with the flexibility to sell right away get a 20% reward for putting their money up. Sometimes the calculation is off and shares drop like a stone. Sometimes shares double. We won't know market value until a week or two of trading. It is very much a roll of the dice.

FB impressions, IMHO, are worthless. Ad placement is not optimal, they are too small, they are static, they don't appear to be targeted/relevant. In short there is nothing to make them attractive. So it generates an impression because it showed up on the page but did it really make an impression? To me they are noise that I tune out, and I'm an old fart.

And I agree, FB is not an old fart play. That's the other problem with it. The 20 somethings don't engage with/react to "traditional" advertising like old farts do.

They don't like being "pitched". They like to be engaged. Big difference.

They are smart enough to know that their attention has value so unless you are offering them something in return they will ignore it.

[pavulon]

Originally Posted by Christien

Let me as this: how many of you guys have ever actually clicked on an ad on facebook. Or anywhere else for that matter? I don't think I ever have, at least not deliberately. Ever.

That would presume that we have actually visited the site.

[stealthn]

When the tech bubble was going on, i made good money buying right at IPO and selling same day or the next few. Now i'm not so sure, look at Groupon as a good example of this. Will i buy Facebook; no will it skyrocket; yes why, because it has to be the most bogusly (is that a word) hyped stock in this century.

Yes they do have a captive market of potential clickers, but adding real value to the world economy - zero

It still amazes me the facbook effect; companies with millions in advertsing and worldwide presence are all to happy to put their name second behind Zuck's Co

Facebook.com/nike


Food for thought

[sammyg2]

Prediction: in 7 years we'll look back and laugh at the suckers who paid so much for an obsolete cultural fad that died out.

Pet rocks, furbies, rubics cube, have a nice day, baby on board.

Or maybe not ............

[Neilk]

Originally Posted by widebody911

As with YouTube, I didn't even know FB had advertising until I used a machine that didn't have FireFox and AdBlock PLus. Why anyone would surf the web with out these I don't know.

+10000.

I kind of feel bad not supporting some sites by allowing ads, but ads have become so obnoxiously big or intrusive, that I block them all. I know I could allow ads for certain sites, but it's too much trouble.