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Discussion in 'Current Events' started by obeygiant, Jan 31, 2012.
I made some money with the VISA IPO a little while ago. I'm certainly going to buy in this time.
You and me both!
After seeing groupon start off strong, I purchased Zynga at the initial opening at $11 a share. What a mistake. Hopefully Facebook won't be the same.
So will the IPO be invite only or will anyone be able to get in on it?
I might try to get in and ride the jump that is sure to occur.
I want a piece of that Face.
Individual, retail investors never get a crack at IPOs. By the time you or me can buy the stock, the initial jump will have happened. I might still buy if the initial bump isn't too big. I am hesitant of a company that is going to be valued at $75-100 billion whose revenue is $4 billion, primarily from ads. Contrast that with Google's $40 billion in revenue from ads.
Would you trust these guys with your money?
For the most part that is true, however Google actually opened it up to individual investors from day one. I believe it was $80-90 dollars a share.
True and I read Facebook may do this with a small amount of shares relative to the offering. I still stand by my statement that the retail investor generally can't get in on IPOs.
Why not? Facebook might be the next Google. The NEXT Google!!! You know how much Google Shares are today? $550+!
You are correct, I was just pointing out that some, not so connected in the investment community, were able to purchase shares...
I hope FB does do this too, I will jump on it!
Not really, IIRC..
Didn't Google have a Dutch Auction of their slots for the IPO? You basically had to bid for a spot in the IPO to participate in it, and most of that was done overseas first. By the time the IPO hit, shares were already high.
If FB follows this, it will be hard for the individual investor to get in on it unless they already have the money to get in on the auction, or sell off some shares of something else to get the money to get in. If FB does traditional IPO, then it's fair game for everyone.
For the Visa IPO there were a handful of people who had lots of shares and sold them to the public on the day it opened, those people made a lot of money. I bought shares at opening at about $58. However there was so much selling going on the shares fell to about $54 per share. It was only later that they rose to $90 (and then fell to $44 then went back to $90 then went back to $50 and now is about $100).
So my advice is that if you can't wait buy a few a opening and see if he price fluctuates, then buy more when the price even out a little. IMO.
Zynga will probably shoot up if the FB IPO does well though
Regardless, I think Zynga is a crap company that will tank in the long run
Well, it's official. Facebook files $5 billion IPO.
I don't see facebook being the next google. This will be a hot stock for a while and probabaly over priced, but I am very interested to see what happens.
Old Zuckerberg also owns just over 28% of the company. Someone is in for a bit if a windfall.
27 ain't that old.
Wow I never realized Zynga makes up 12% of Facebook's total revenue. I guess if Facebook soars, so will Zynga. If Facebook tanks, so will Zynga.
I think you are correct, however the shares were only in the 80's when I purchased them so there were not that high.
But yes you are correct about the Dutch Auction.......... At least you didn't have to use a broker.
Zynga up 16% on FB news. Looks like you made your money back
Do you think it can go higher?
I think it'll go higher. FB hasn't even gone public yet. As long as there's no bad news regarding social gaming, mobile gaming, or FB, I believe the stock will rise.
But long term (> 2 years) I think the stock will tank. For one Zynga is creatively bankrupt - they're a gaming company that can't make a game without stealing. They're also sitting in a market (social games) where brand recognition holds little weight and there are only a few winners. I also believe once analysts see traditional gaming isn't dying out like they assumed was gonna happen, perceived value of social and mobile gaming companies will drop.
Facebook IPO Turns Graffiti Artist Into Multi-Millionaire
I'm actually happy for this guy.
That sounds like the Google chef, Charlie Ayers. I found one article claiming he was worth a reported $26 mil due to his stock options.