facebook IPO 18th May Predictions

This is a discussion on facebook IPO 18th May Predictions within the General Trading Chat forums, part of the Reception category; Originally Posted by Ross Spur You don't watch Bloomberg, then? No I don't. Were there actually people saying this?...

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Old May 18, 2012, 11:06pm   #97
Joined Jul 2005
Re: facebook IPO 18th May Predictions

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Originally Posted by Ross Spur View Post
You don't watch Bloomberg, then?
No I don't. Were there actually people saying this?
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Old May 19, 2012, 8:20am   #98
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Re: facebook IPO 18th May Predictions

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Originally Posted by Arbu View Post
No I don't. Were there actually people saying this?
Yes, $75 open was forecast.
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Old May 19, 2012, 9:21am   #99
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Re: facebook IPO 18th May Predictions

Interesting end to IG's grey market !

They were showing a market Capitalisation of $129.5 billion starting the day yesterday which was a kind of a guess from punters. It closed at a real world price of $106.8 billion which is a 17.5% reduction.

Some punters made a killing ! And probably visa versa too
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Old May 19, 2012, 10:35am   #100
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Re: facebook IPO 18th May Predictions

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Originally Posted by Ross Spur View Post
Yes, $75 open was forecast.
Sometimes I feel that people like to assume that there are lots of muppets out there because it gives them a warm feeling that they and their friends are not like that. But if they look around at people they know, they wouldn't say any of them are muppets. So based on the sample of the people they know, why do they think there are is a greater proportion of muppets in the world as a whole?

Still there clearly were people out there who believed the price would go up (and some still do Video: Telegraph view: Expect Facebook share price to climb - Telegraph)
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Old May 19, 2012, 11:10am   #101
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Re: facebook IPO 18th May Predictions

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Originally Posted by Arbu View Post
Sometimes I feel that people like to assume that there are lots of muppets out there because it gives them a warm feeling that they and their friends are not like that. But if they look around at people they know, they wouldn't say any of them are muppets. So based on the sample of the people they know, why do they think there are is a greater proportion of muppets in the world as a whole?

Still there clearly were people out there who believed the price would go up (and some still do Video: Telegraph view: Expect Facebook share price to climb - Telegraph)
The price did go up - just that it was about 10% rather than 100%. I still think FB will reach a fairly silly level when/if the markets recover a bit of optimism.
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Old May 19, 2012, 11:39am   #102
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Re: facebook IPO 18th May Predictions

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Originally Posted by Ross Spur View Post
The price did go up - just that it was about 10% rather than 100%. I still think FB will reach a fairly silly level when/if the markets recover a bit of optimism.
OK, well we differ there then. I think there are just too many people who think fb is overvalued. People have had their fingers burnt enough times on tech shares that dropped massively after launch and might finally be learning.
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Old May 19, 2012, 11:43am   #103
 
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Re: facebook IPO 18th May Predictions

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Originally Posted by mrniceguychris View Post
Hi All, i'm a complete newbie to both this forum and also trading. i have a trading account on igindex. I have done a few trades and therefore still learning what affects the market and technical analysis.

I am just wondering with the realease of facebook on the market on the 18th do people think this will be a buy or a sell? I'm using these terms as you know i am spread betting.

I only intend to spread bet for the day. So come 2:30pm uk time i will buy for it to go up. What is everyones opinion? do you think it will go up higher than its anticpated value of $25-38 or do you think it will go down for a sell? I have heard many people say it will go up but i have also heard many that it will go down? what are people's opinion and why? thank you!!!

Short the pants off facebook would be my recommendation - if you can.

What a load of hype and pure nonsense...
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Old May 19, 2012, 12:11pm   #104
 
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Re: facebook IPO 18th May Predictions

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Originally Posted by wackypete2 View Post
IF you wanted to try making money on the IPO then buy at the open on the first trading day and exit everything by the end of the day. It's a friday, holding over the weekend is sheer absurdity.

Price will go way up first day (Friday), by end of the following week it'll be well below the pre IPO price.

Peter
and how did that go, exactly?

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(open) hype, hyperbole, hiking............................................ .......(closing) oh dear
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