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FacePlant Back In The Teens
But, but, but... the freeing up of 271.1 million of FaceBerg's shares today, boosting by 60 percent the number that could be traded (freed up from lock-up), was all priced in? It appears not as the share price plunges over 5.5% back into the teens once again. Have no fear though, when they figure out 'social' (and cold-fusion), the 33 analysts who have it as a Buy or Hold will be proven right... only a another billion or two more shares to come...
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Where is my money Lebowski? Give me my fucking money.
Jackie Treehorn says you're good for it!....you're not dealing with morons here.
FB in the teens always brings a smile to my face :-)
Quickly approaching my target entry price of $0.11
Stay the fuck out of my way. I'm in at $0.01.
For long term value investors, this is just short-term noise. This is a great dip-buying opportunity – and honestly, who cares whether you pay $19 or $40 when the long term price target is in the $100s???
long term value investment? WHOUHAHAHAHAHAHAHA!
The early investors in Google and Microsoft also endured tremendous volatility. But now those investors own tens of millions of dollars of high yielding equity.
MDB, you still holding those 300 shares you got at opening day at 42? or was it 45? Please do tell us when you decide to sell...
No..don't you remember? MillionDoucheBags was channeling Gomez Addams and calling his broker with BUY ALL YOU CAN orders...
How is MySpace doing? Kids are leaving FB in droves. My daughter says no one uses FB anymore and she is 17. Her friends all use twitter. FB will crash and burn. It's already spiraling in.
Teens ARE the ultimate judge of these idiot social networking sites.
NO value. NO revenue. NO earnings.
LOL....MDB...you're simply an idiot.
Keep these dates in mind MDB. especially Nov 13th.
Read more: http://www.businessinsider.com/facebook-lockup-release-2012-8#ixzz23j1UmsY5
Good Advice. I took this into account when today I rolled my Aug 30 FB puts down to the Dec 20 strike with a price target (based upon the huge dilution factor) in the very low teens (10-12). Whoever bought my puts was likely very happy to be able to unload his shares at $30.
BTW: To MDB I had a gain of 300% on my puts which I held just a little over two months before rolling so I thiink this might beat a buy and hold strategy.
One can often underestimate how far these losers can fall. I once had GRPN 20 puts which I rolled to 13 and now to 8, taking profits all the way down. Now I've thinking of rolling down further to 5. But no rush. By Jan expiry GRPN may not be listed on the exchanges anymore.
Who cares what u did?
That's it. MDB is a plant.
"High yielding"? LOL.....LMAO....please.....asshole...stop while you're behind so bad the dust is eating you.
Secondly, Microsoft has...........wait for it douche.....AN ACTUAL PRODUCT TO SELL.
Ditto Google.....
FartBukakke? Nothing. ZIP. Nada. Crap.
Look up the phrase "apples to oragnes" next time Mom let's you use the puter boy....
In this case, it's apples to smelly turds.........
You clearly have no idea about technology.
Google brought a new idea about technology on a grand scale. If there is no Google, the labor efficiency of a lot people will sharply decrease and for some of them will totally disappear. For Microsoft I can not comment ( a company created by not inventing anything new conceptually but, assembling already existing things ), just will say the world will be a lot better place will only Linux ( and soon will be ... ). Clearly the German government does not see the value of Microsoft as in 2005 transfer all Windows based PCs to Linux :)
Now think, what will happens if facebook disappear ... well ONE basic thing (among other good things), the people will have more time to spent on productive things and interesting activities instead of looooooosing time in the wasteland name facebook.
Good luck with the long term value, because clearly you do not have any idea whit this means, well at least in the technology land.
Well said....
Hahhaaaaaaaaaa
Let me guess, you are in denial because you got screwed royally?
EPS 0.29
Yes, its a good muppet hold
ROFLMAO
LOL. Douche.
Problem is - douche - you can't talk this PIECE OF SHIT STOCK UP.....
Long term....by that you mean.............1,000 years?
Value - by that you mean, buying someone else's shit?
Man - you are fucked up
Leave him alone guys - it's just a small 50% dip. If he holds it a few more years, FacePalm is surely gonna make a comeback...
This just proves the Home Gamers are out of the Equities Markets.
Let the Big Bankers and Big Government play their games, FacePlant would probably be higher if the rest of the market players were in the game. Nobody wants to play in Market place that is based on Lies and deceit, hence NO VOLUME.
How long can this go on? Good question...
Smart to just stay out !
"Mark it zero" might be more fitting.
Whatch them sell every share they can of this piece of crap.
It will likely end up being the #1 holding in Corzine's new hedge fund.
this was easy to see comming...the nature of man is to sell low and buy high....
Bullish
Not to worry. We have HCLP to pump.
Didn't Reed Hastings buy a boatload at $21?
He might want to stick to his selling of NFLX shares.
FaceBukkake
I am a petty, petty man. It brings me great joy on many levels to watch Facebook implode.
Then again, maybe it's because I'm a "psychopath"...
http://www.dailymail.co.uk/news/article-2184658/Is-joining-Facebook-sign...
I saw that one a couple days ago... pretty subtle way to scare people into signing up, aye?
"I don't want to be a psycho! "
Did you see the 'facedeals' thing yesterday? Give up your facial recognition rights for a coupon ...
It's getting scary...
Maybe FB could get some traction if the media started saying that if you didn't use it, you're probably an illegal immigrant and subject to deportation. Might work.
Don't worry, when QE3 comes Bernake will buy up all the FB stock!
Should a stuck with Groupon or Zynga....
oh ya, lookin hot - http://flic.kr/p/cER87h
buy the flush - http://www.youtube.com/watch?v=T-3Iq3XQkAw
buy and hold - endless profits in an endlessly good market - http://www.wallstreetoasis.com/files/images/Gun%20In%20Mouth.jpg
Fuck You Zuckerberg.
+Like
A stock is worth what people are willing to pay for it.
hahahahahahahahahahahahahahahahahhahahahahahahahahaahahahahhahahahahahahahahahahahahahahahahhahahahahahahahahaahahahah
hahahahahahahahahahahahahahahahahhahahahahahahahahaahahahahhahahahahahahahahahahahahahahahahhahahahahahahahahaahahahah
is FaceBUkk almost over?, please tell me its almost over.
It will never be over.
Now I'm heading over to MySpace, the leading social entertainment destination.
You just dont "GET IT" do you?
Facebook does have some intrinstic value. Maybe not in the teens or even the single digits. Or for advertisers or businesses looking to advertise there. Or for society at large as people waste their time on it.
Actually, maybe it has no real value whatsoever.
What if they charged you a nickel every time you clicked on something?
What a scam. Makes Lloyd look honest.
"FacePlant" ... LOLOL! ... I just can't help spontaneously laughing every time you use this, Tyler!
Facebook staff were given the ok to start selling they're shares today...go figure!
even microsoft isn't dumb enough to pay $40B for FB
It doesn't matter if it trades at $5. If you were granted a million shares when you got your job at Facebook, you still now have far more money than you were ever actually worth. Perhaps you never did a real days work, just like the 1990s .com millionaires. Just think about how many employees just hit it rich that did nothing but sit in bullshit meeting in hoodies for years. I saw it in the 90s, the employees would sit in a meeting for a few hours each day and then go back to playing fooseball, or basketball, maybe go outside to play on the corporate skate ramp. They were all just waiting until they could sell their stock and buy their Lambo or Ferarri.
Getting rich without working. The New American Dream alive and well.
That is the real job of Facebook. If you were privaledged enough to be granted a job by Lord Zuckerberg, you are rewarded.
I worked I San Jose through the 90's and saw it too... that's why I never bought the IPO's... I just couldn't see the value of some dudes with a few PC's.
And click rates? NOBODY intentionally clicks on ads! OK, I do, on occasion, click some ads on pages I read to give the webmaster a little money, but I,m never really interested in purchasing the product.
I just knew from the beginning that baby faced Zuckerberg would spell trouble. Well, 19 is not the end of it. The whole FB IPO was a Conzinesque sham. Happy tading!
This is a facepalm for suckerberg ^^
One share of SLV or FB?
They held same prices for a moment there....so I present for your enjoyment - SLV/FB since IPO
[IMG]http://i1157.photobucket.com/albums/p597/truerange/599dca0f.png[/IMG]
I'd rather have an ounce of silver in hand. Soon you will be able to buy two shares for an ounce then three...
I published two articles in Feb and in May warning about FB on Seekingalpha. I published two more last week and today. I hope my warnings are heard. At this rate, Facebook may fail to exist in a year (as opposed to in 3 years from now)
6-8 by December 31st.
Mid single digit, wow, that's severe...compared to "Back in the teens" which is so moderate.
Oh, I am talking sell volume.
It can't fall far enough, fast enough. Hopefully trading in single digits by early Nov. A selfish wish - but some of us should occasionally be rewarded for our cynicism.
The perfect short.... to zero...
How could this happen? sniff...sniff. They were only trying to make the world more open and social...sniff...sniff...
I just queued it up...
"Teenage wasteland, Teenage Wasteland"
"Its only Teenage Wasteland"
"They are Wasted!"
Comparisons to goole, aol, yahoo, ms are at best misleading, they never came out of the IPO and dropped, they never had fake accounts, fake traffic to advertisers, and had growth assumptions that every man woman & child would have to sign up before they can hit their metrics.
The Satanic Tribe strikes again!!!!!!!!!!!!
Jeopardy for $400, this entity printed more than the Fed
Answer: what is Facebook?
We had a 25 year old arrested for sexual assault and luring of a 13 year old on FB. FB is bad.
That will happen anywhere else on the Internet so long as such children are given unsupervised access. FWIW I have no shares in FB; and hope it drops to 0 (also the cash from the shares MZ sold is deposited in Jon Corzines next Hedge Fund =P ).