Hey guys,

just a little qestion: After Facebook is now officially being traded at NASDAQ, is someone getting some shares of it?

Not me. I leave that stuff to people who know about it..

Bono made 1.5 billion dollars in facebook shares today.. Not sure how like.

I am staying away. Traders will have fun with it for a little while however inevitably this 'Bubble' will become junk stock.

 

I am 40 years old and out of the loop but you have to take a look at what the 12 - 15 year olds are getting into right now as the future trend for social media. Me thinks the kids that age are becoming anti-facebook and too cool for that stuff. When the next generation has no interest in it then it's days will be numbered.

 

Us AVSIM types are not cool because we still use these old school forums to socialize, we are a bunch of dinosaurs :LMAO:

Bono made 1.5 billion dollars in facebook shares today.. Not sure how like.

 

Fairy gold: hypothetical bunce. It's what passes for commerce in the 21st century..

Hey guys,

just a little qestion: After Facebook is now officially being traded at NASDAQ, is someone getting some shares of it?

 

I got long at around $38.50, then dumped it at $41.25. Frankly I would feel more comfortable being short than being long this stock, but its hard to short since the shares are hard to borrow to short. Once options start trading for FB I will probably either sell naked calls or sell puts way below the strike and collect the premuim. Personally, I dont feel comfortable being long FB or many other stocks at this point unless I owned some protection, but would prefer to either be flat or short stocks or indexes via calls or ETF's.

 

Just my .02 cents though. If you decide to buy it just make sure to set a stop since you cant buy options yet for protection or keep a real close eye on it so you can get out.

Wow, can you believe that it was the 3rd largest IPO in US history?

I like to stay with things that make actual tangible products, Coke, Boeing, Google, McDonald's, WalMart...

Wow, can you believe that it was the 3rd largest IPO in US history?

 

Yeah but for that point it was pretty weak. Not even 1% growth at the end of the day.

Facebook is no less tangible than the Google search engine or a Microsoft Windows O.S. ...

I like to stay with things that make actual tangible products, Coke, Boeing, Google, McDonald's, WalMart...

 

Although I may regret it someday I feel exactly the same way.

 

Facebook is no less tangible than the Google search engine or a Microsoft Windows O.S. ...

 

My MS W7 came in a box, I held it in my hands, maby not so much google, but they are more then just a search engine.

Yeah but for that point it was pretty weak. Not even 1% growth at the end of the day.

 

Oh well, it's still a lot of money. Did you hear that he also got married?

My MS W7 came in a box, I held it in my hands

 

But you did not pay for the box and the CD of your W7, you paid for the millions of "untangible" lines of code.

 

But you did not pay for the box and the CD of your W7, you paid for the millions of "untangible" lines of code.

 

Yes but its the fact that its sold on store shelves, I can see it, touch it, slip the cd into my pc and install it, they come out with new versions etc etc. Nothing against facebook, Im sure when its trading at $600 a share I will join others out on a ledge. It is a rather unique company, its just hard to tell what to think of it, from an investors point of view.

Oh well, it's still a lot of money. Did you hear that he also got married?

 

Yes, I did. I didn´t expect that.

 

It is a rather unique company, its just hard to tell what to think of it, from an investors point of view.

 

You´re right, it´s really something different and unique. It can be the biggest success story since google or it can fail and vanish like myspace or any other social media. I think it´ll be very difficult to get a lot of money out of something which has to look and work in a way the members feel good and willing to stay.