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chestercheetaz
searching Neon…
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by
chestercheetaz
14y ago
haha well it's probably a good thing! Unless you short stocks...
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chestercheetaz
14y ago
No. Google IPO'd in 2004.
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chestercheetaz
14y ago
i'm having a hard time understanding how you follow the market and stocks, and yet missed the Groupon IPO. Maybe you were on vacation??
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chestercheetaz
14y ago
Amazon IPO'd in the first dotcom bubble...
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chestercheetaz
14y ago
the fact that all these social media stocks are declining is PROOF that we've been in a bubble, and now that bubble is deflating.
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chestercheetaz
14y ago
huh? I'd believe this kind of nonsense only if it were coming from a founder who had exited via this strategy and was buying a round of drinks for the bar. The thesis lacks any real sustainable evidence to back its claims.
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chestercheetaz
14y ago
sure it's a simple first-pass approximation, but it highlights the real numbers behind Facebook's operations, and how those compare their primary counterweight in the space, Google.
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Understanding Facebook's valuation compared to Google
(seekingalpha.com)
1 points
by
chestercheetaz
14y ago
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1 comments
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chestercheetaz
14y ago
I hope "brogrammers" exist.
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chestercheetaz
14y ago
good luck with your investment.
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chestercheetaz
14y ago
well if it really is then i hope it turns around somewhere soon. As of now, it's looking like 0% for the first day, and even that is an artificial level supported by the underwriters of the IPO. I'd cut your losses, get out soon, and wait
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chestercheetaz
14y ago
I'm a firm believer that if you "dis Dre, you dis yourself." but Facebook? not so much...
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chestercheetaz
14y ago
bad news: Instagram isn't worth $1B. sorry. hope you have a good cost basis.
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chestercheetaz
14y ago
Did you watch the stock? It was dropping like a stone, then all of a sudden halted at $38, the IPO price. A WSJ article said that this was because the underwriters stepped in to support the $38 price level: "The weak start came after high
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chestercheetaz
14y ago
FB would have fallen more, but the underwriters of the IPO stepped in at $38 to support that level. This stock is bound to fall after today. I'm predicting $25 by the first earnings call.
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chestercheetaz
14y ago
"BUT everyone's on Facebook!!" ...what could possibly go wrong??
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chestercheetaz
14y ago
This article is fluff, and this is a made-up controversy. Worse things have been said during presentations, and more objectifying advertisements have aired. I'm sure Gina boycotts GoDaddy because, based on their advertising campaigns that
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chestercheetaz
14y ago
RIM's current market cap: 7B RIM's highest ever market cap (6/20/08 @ $145/share): 76B Apple's current market cap: 580B The comparison isn't even close, and that's just the financials. Take a look at the market segments each company covers