Facebook (Meta)

Do you think Facebook is overhyped?

  • Yes

    Votes: 45 86.5%
  • No

    Votes: 7 13.5%

  • Total voters
    52
I see some of these folks as whiners. Unless the problem was in the ordering, I don't see where people have a complaint. Some IPO's go up, some go down. There are no guarantees. If people couldn't sell on Friday, I can see that as an issue. But we all knew the deal going in (for the most part). No one put a gun to the head of these people to buy. Many here (TSP Talk) were skeptical and a lot smarter than I was about this. I thought the negative hype was overblown, but as you can see by the poll results, 90% figured this was a dud before it began trading.

My problem was the order screw up where I got twice the shares. It had nothing to do with my ignorance of facebook's value.
It remains to be seen whether we who did not buy the IPO are smarter than you. The price will go up. The question is, will you hold onto your shares long enough to profit?
 
Meanwhile, Ford Motor Company (Symbol F) , who actually MAKES something, is making money every year, and is trading at 6 times earnings, at just $10.82 a share.


V-A-L-U-E.


F? or FB?
 
With Facebook up this morning, any chance those that invest in it could be considered the dumb money and as such, could it be considered a contrarian indicator? Nothing personal mind you...........

That's it, I'm adding Facebook to my timing system as a contrarian indicator.................:suspicious:
 
Wow, Facebook was down 8.5% in regular trading today, and after announcing, and beating, earnings after hours, they are down another 9.5%. :sick: Thought about buying prior to the earnings release late today, but haven't been in the mood to gamble. Sheew! Dodged a bullet.
 
Wow, Facebook was down 8.5% in regular trading today, and after announcing, and beating, earnings after hours, they are down another 9.5%. :sick: Thought about buying prior to the earnings release late today, but haven't been in the mood to gamble. Sheew! Dodged a bullet.

See what I mean about contrarian indicator? Tomorrow should be up for the markets also.....................;)
 
might be a buy after this excessive knee-jerk
I wouldn't touch it with your money. A Facebook phone? Really? Give me a break. Facebook, zynga, apple, google....... This stuff is near a top. I don't think it's over but the easy money has been made. Look at microsoft. Its stock has been flat for years? I have a feeling we are near a 2000 tech bubble burst scenario with these stocks. Way overhyped and overpriced.

Dont get me wrong. I think software and the like is the future. But these stocks aren't. Just MHO. Look for the next big thing to buy.
 
Make you wonder if this is how Google and Apple went their first year after an IPO. Maybe they struggle at first, but soar to 500 after a few years.
 
I don't remember the Apple IPO, but GOOG was a big success from the get go. I remember I bought it near $100 (IPO price), and sold for a tiny profit shortly after. Sometimes buy and hold actually works, but as we can see - no gains since 2007.


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