chet
Footballguy
NASDAQ volume is double countedwow, i guess i'm going to be wrong, the initial pop was significantly less than i would've guessed.Glad i was joking above.must be a lot of sellers into all that volume
NASDAQ volume is double countedwow, i guess i'm going to be wrong, the initial pop was significantly less than i would've guessed.Glad i was joking above.must be a lot of sellers into all that volume
Agree.The retail buyers are the 20 something's who use fb, and they dont have the money to pump it.no way it breaks offer price todayAnd the dream is over, will end under the open by end of day.I'm a buyer in the 25 range
Depending on timing if you were in at 38 and out, you had anywhere between 5% and 13%, why not buy?So glad I didn't buy in. So much for the facebook explosion.
Did you dump or are you still holding out for the pie in the sky 76 price?Depending on timing if you were in at 38 and out, you had anywhere between 5% and 13%, why not buy?So glad I didn't buy in. So much for the facebook explosion.
I am not planning on flipping this.I will do the same thing with this as I did with Google back in 2004. Buy in at opening price and be patient. I made back 100% of my google investment in about 9 months by selling 45% of my stocks. I am still sitting on 400 of my initial 1000 GOOG after selling 150 of them back in late 2011. I very seldom flip, I am in facebook for the long haul.Did you dump or are you still holding out for the pie in the sky 76 price?Depending on timing if you were in at 38 and out, you had anywhere between 5% and 13%, why not buy?So glad I didn't buy in. So much for the facebook explosion.
And if he wants he can buy unlimited shares now for the same price or less.I am more than a little astounded that someone here got a 1000 share allocation.
no way it breaks offer price todayAnd the dream is over, will end under the open by end of day.I'm a buyer in the 25 range
So you edited this out that if it dropped to 38 or less you'd buy more....just curious if you changed your mind on buying more or just on posting it. I don't disagree with your philosophy on the above, and agree, I'm just curious.I am not planning on flipping this.I will do the same thing with this as I did with Google back in 2004. Buy in at opening price and be patient. I made back 100% of my google investment in about 9 months by selling 45% of my stocks. I am still sitting on 400 of my initial 1000 GOOG after selling 150 of them back in late 2011. I very seldom flip, I am in facebook for the long haul.
I guess if I sold immediate it was a quick couple bucks. But I would also be heading to lunch extremely depressed. Also, if it keeps dropping, there will be some people who get screwed on the IPO and weren't at their desks to immediately sell. If I was in a meeting, I might have missed the quick opportunity to sell.Depending on timing if you were in at 38 and out, you had anywhere between 5% and 13%, why not buy?So glad I didn't buy in. So much for the facebook explosion.
No, I actually put an order in at $35, so I didn't want to keep that there when in fact it was fairly lower then 38.So you edited this out that if it dropped to 38 or less you'd buy more....just curious if you changed your mind on buying more or just on posting it. I don't disagree with your philosophy on the above, and agree, I'm just curious.I am not planning on flipping this.I will do the same thing with this as I did with Google back in 2004. Buy in at opening price and be patient. I made back 100% of my google investment in about 9 months by selling 45% of my stocks. I am still sitting on 400 of my initial 1000 GOOG after selling 150 of them back in late 2011. I very seldom flip, I am in facebook for the long haul.
Gotcha. Honestly, my take is that if this thing falls below IPO price, it's gonna fall substantially below IPO. At this point, it's the banks and folks that bought it initially at $38 holding it there...if it goes below that it means that even the people who were in at 38 are losing faith.Anybody know if there's a mandatory holding period for Facebook employees?No, I actually put an order in at $35, so I didn't want to keep that there when in fact it was fairly lower then 38.So you edited this out that if it dropped to 38 or less you'd buy more....just curious if you changed your mind on buying more or just on posting it. I don't disagree with your philosophy on the above, and agree, I'm just curious.I am not planning on flipping this.I will do the same thing with this as I did with Google back in 2004. Buy in at opening price and be patient. I made back 100% of my google investment in about 9 months by selling 45% of my stocks. I am still sitting on 400 of my initial 1000 GOOG after selling 150 of them back in late 2011. I very seldom flip, I am in facebook for the long haul.
Why?I'll feel horrible for all the retail investors.
Question, is there a reason it stayed at exactly 38 for awhile and never went a penny lower?Do certain funds make sure there is no way it goes lower then initial price on ipo day?no way it breaks offer price todayAnd the dream is over, will end under the open by end of day.I'm a buyer in the 25 range
I'd bet a lot of investors are people who rarely invest, and were sure FB was going to explode. I just feel bad for them.Why?I'll feel horrible for all the retail investors.
a couple hours of trading and your sure people who got in today are doomed to lose money? we will seeI'd bet a lot of investors are people who rarely invest, and were sure FB was going to explode. I just feel bad for them.Why?I'll feel horrible for all the retail investors.
Not funds, but dealers. Likely some winks and nudges going on around that. Dealers are supposed to support their deals - that's what they got paid their hundreds of millions to do. They are also motivated to do so for the client relationships (more of an institutional than a retail issue).Totally agree with the sentiment that a full fill is a bad fill. But I think it will settle higher over time.Question, is there a reason it stayed at exactly 38 for awhile and never went a penny lower?Do certain funds make sure there is no way it goes lower then initial price on ipo day?no way it breaks offer price todayAnd the dream is over, will end under the open by end of day.I'm a buyer in the 25 range
They have tiered lock-ups; looks like employees' lock-ups expire after 150 days. (So in other words, yes, they have to hold for 150 days.)Gotcha. Honestly, my take is that if this thing falls below IPO price, it's gonna fall substantially below IPO. At this point, it's the banks and folks that bought it initially at $38 holding it there...if it goes below that it means that even the people who were in at 38 are losing faith.Anybody know if there's a mandatory holding period for Facebook employees?No, I actually put an order in at $35, so I didn't want to keep that there when in fact it was fairly lower then 38.So you edited this out that if it dropped to 38 or less you'd buy more....just curious if you changed your mind on buying more or just on posting it. I don't disagree with your philosophy on the above, and agree, I'm just curious.I am not planning on flipping this.I will do the same thing with this as I did with Google back in 2004. Buy in at opening price and be patient. I made back 100% of my google investment in about 9 months by selling 45% of my stocks. I am still sitting on 400 of my initial 1000 GOOG after selling 150 of them back in late 2011. I very seldom flip, I am in facebook for the long haul.
There is a 90 and 150 lockupThey have tiered lock-ups; looks like employees' lock-ups expire after 150 days. (So in other words, yes, they have to hold for 150 days.)Gotcha. Honestly, my take is that if this thing falls below IPO price, it's gonna fall substantially below IPO. At this point, it's the banks and folks that bought it initially at $38 holding it there...if it goes below that it means that even the people who were in at 38 are losing faith.Anybody know if there's a mandatory holding period for Facebook employees?No, I actually put an order in at $35, so I didn't want to keep that there when in fact it was fairly lower then 38.So you edited this out that if it dropped to 38 or less you'd buy more....just curious if you changed your mind on buying more or just on posting it. I don't disagree with your philosophy on the above, and agree, I'm just curious.I am not planning on flipping this.I will do the same thing with this as I did with Google back in 2004. Buy in at opening price and be patient. I made back 100% of my google investment in about 9 months by selling 45% of my stocks. I am still sitting on 400 of my initial 1000 GOOG after selling 150 of them back in late 2011. I very seldom flip, I am in facebook for the long haul.
Thought I heard a story on the radio about a guy who never traded much cashing in his 10-year-old-daughter's college fund because "it hasn't grown enough yet to pay for college, but if I put that money in Facebook, it'll be worth enough she can go to any college she wants and have lots of money left over"a couple hours of trading and your sure people who got in today are doomed to lose money? we will seeI'd bet a lot of investors are people who rarely invest, and were sure FB was going to explode. I just feel bad for them.Why?I'll feel horrible for all the retail investors.
The 90-day lock-up only applies to the current selling shareholders (other than Zuckerberg). The poster above was presumably asking about everyday employees, who have a longer lockup. There are a few other lockups that are longer than the 150 days as well.There is a 90 and 150 lockupThey have tiered lock-ups; looks like employees' lock-ups expire after 150 days. (So in other words, yes, they have to hold for 150 days.)Gotcha. Honestly, my take is that if this thing falls below IPO price, it's gonna fall substantially below IPO. At this point, it's the banks and folks that bought it initially at $38 holding it there...if it goes below that it means that even the people who were in at 38 are losing faith.Anybody know if there's a mandatory holding period for Facebook employees?No, I actually put an order in at $35, so I didn't want to keep that there when in fact it was fairly lower then 38.So you edited this out that if it dropped to 38 or less you'd buy more....just curious if you changed your mind on buying more or just on posting it. I don't disagree with your philosophy on the above, and agree, I'm just curious.I am not planning on flipping this.I will do the same thing with this as I did with Google back in 2004. Buy in at opening price and be patient. I made back 100% of my google investment in about 9 months by selling 45% of my stocks. I am still sitting on 400 of my initial 1000 GOOG after selling 150 of them back in late 2011. I very seldom flip, I am in facebook for the long haul.
CNBC is saying that NASDAQ is messed up - it was taking 20 min to confirm so everyone backed off - also underwriters are obligated to support the 38 price.How did it stay at 38 for so long with huge volume?
No need for there to be winks and nudges. After-market stabilization is a legitimate and expected role that the underwriters play.e sure there is no way it goes lower then initial price on ipo day?
Not funds, but dealers. Likely some winks and nudges going on around that. Dealers are supposed to support their deals - that's what they got paid their hundreds of millions to do. They are also motivated to do so for the client relationships (more of an institutional than a retail issue).
Totally agree with the sentiment that a full fill is a bad fill. But I think it will settle higher over time.
Yeah I guess what I mean by that is that while its expected and legitimate, its never written into the deal docs.No need for there to be winks and nudges. After-market stabilization is a legitimate and expected role that the underwriters play.e sure there is no way it goes lower then initial price on ipo day?
Not funds, but dealers. Likely some winks and nudges going on around that. Dealers are supposed to support their deals - that's what they got paid their hundreds of millions to do. They are also motivated to do so for the client relationships (more of an institutional than a retail issue).
Totally agree with the sentiment that a full fill is a bad fill. But I think it will settle higher over time.
Right. Absolutely.Given that this is the highest profile IPO in at least five years, I am sure that Morgan Stanley and the other underwriters are absolutely committed to making sure it doesn't break deal price immediately.Yeah I guess what I mean by that is that while its expected and legitimate, its never written into the deal docs.
i think options start trading a week from tuesdaycan you start writing options on this thing right away? Shorting? It's super suspicious to me that it went from 42 to damn near 38.0000000 then back to 40. Something is fishy.
there was likely a bunch of people with orders sitting at $38 waiting to be filled...(mine was)Right. Absolutely.Given that this is the highest profile IPO in at least five years, I am sure that Morgan Stanley and the other underwriters are absolutely committed to making sure it doesn't break deal price immediately.Yeah I guess what I mean by that is that while its expected and legitimate, its never written into the deal docs.
why?isn't it their fault for getting in on an over-hyped sucker play?do you feel bad for people that lose at the casinos?do you feel bad when you take money from someone who is horrible at poker?do you feel bad for people who take payday loans or make loads of other bad financial decisions?I feel bad for someone if they get stolen from, get bad beated with a health problem, etc.But a fool and his money are soon parted... and if I felt bad for everyone who made a poor financial decision i'd probably off myself because so many people make horrible decisions everyday.. at least a good % of the people piling money into $FB probably had some money to lose.I'd bet a lot of investors are people who rarely invest, and were sure FB was going to explode. I just feel bad for them.
:mansion: still in play?'Tis on the move. Up $1.30 in the last 10 minutes.
I'm gonna need a :mansion: just for all of my money to live in.:mansion: still in play?'Tis on the move. Up $1.30 in the last 10 minutes.
150 minutes after the google opening masion wasn't in play either.:mansion: still in play?'Tis on the move. Up $1.30 in the last 10 minutes.
We're rich!!!'Tis on the move. Up $1.30 in the last 10 minutes.
Don't know about shorting, but options trading hasn't started. I heard the date, but don't remember probably a couple of weeks.I definitely underestimated the impact of the larger share offering. I was only able to get 100 shares of Teavana and am pretty sure there was more interest in FB than TEA. It is those "sliver" deals that get the 60-70% pops.can you start writing options on this thing right away? Shorting?
Seems like this is crazy expensive from a PE perspective. especially when I don't see how much long term value a site like this has that can easily be replaced by the next big thing.Maybe a year plus from now when everything settles I will re look at it but this just seems like gambling at this point.The upcoming IPO has got to be the biggest IPO since Google. Does anyone think it makes sense to buy retail at the opening bell and then sell later in the day when it shoots up? Anyone have a history studying IPO's?I'm considering making a move that day, but I know you can get burnt bigtime on IPO's. But it's facebook. You have to think the retail investor is going to be going nuts for this thing.
I agree with your gambling point, but I disagree with the easily replaced point...Facebook's move to the timeline layout was honestly ingenious...simply because it put the "history" that is on facebook in perspective. I was clicking back through my timeline, and I got to 2007, when I first joined. I found the entry where my wife and I became facebook friends. I could go back and read status updates from a much earlier time that reminded me of things that I had forgotten about. It really made facebook not only a social media outlet for your current life, but also a chronological record of your past as well...that's not easy to just walk away from. I think that it won't be as easy to switch to the next big thing as it was for Myspace because facebook has history.Seems like this is crazy expensive from a PE perspective. especially when I don't see how much long term value a site like this has that can easily be replaced by the next big thing.Maybe a year plus from now when everything settles I will re look at it but this just seems like gambling at this point.