facebook IPO 18th May Predictions

Arbu said:
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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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.
 
Ross Spur said:
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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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.
 
mrniceguychris said:
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!!!
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Short the pants off facebook would be my recommendation - if you can.

What a load of hype and pure nonsense...
 
wackypete2 said:
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
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and how did that go, exactly? :whistling

sadface.jpg

(open) hype, hyperbole, hiking...................................................(closing) oh dear :eek:
 
Ross Spur said:
Yes, $75 open was forecast.
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Anyway you were saying the market is not as dumb as we thought. There's an obvious difference between the market (i.e. what people do) and forecasts that people make (what people say).
 
Joules MM1 said:
and how did that go, exactly? :whistling

sadface.jpg

(open) hype, hyperbole, hiking...................................................(closing) oh dear :eek:
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That's why I don't trade this stuff. It's just gambling. It's is beyond my comprehension why anyone would place orders to buy (or sell) a stock that has not yet traded a single share and no one has any idea of the market's view of a fair value price.

Peter
 
Did zuckerberg actually say he wanted to grow FB into its valuation? Ha.

What's the PE 100:1?
 
Interesting looking at Morgan Stanley's (lead underwriter) share price after facebook started trading. It trackes faceboook's price very closely. I suppose it's not surprising really. But could have traded MS as a proxy for facebook yesterday had I wanted.
 
Ross Spur said:
Apart from whether you get the right direction, the spikes are scary.
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The economics are terrifying...

Who ever went to FB and ended up buying anything.

Young web users do not have much purchasing power.

Grown ups will use specialised sites like this or LinkedIn etc.

The PE ratio is daft beyond comprehension.

Earnings???? What earnings??? Businesses already cancelling advertising???
 
Ross Spur said:
Apart from whether you get the right direction, the spikes are scary.
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Spikes are both unwanted as well as unavoidable. This usually happens as we are not able to control the order flow into the markets so we need to live with them :clap:
 
Dominator4fx said:
Spikes are both unwanted as well as unavoidable. This usually happens as we are not able to control the order flow into the markets so we need to live with them :clap:
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Only if you are on the wrong side of them :rolleyes:

Your 2-line posting scheme is getting tiresome.

Peter
 
Dominator4fx said:
Spikes are both unwanted as well as unavoidable. This usually happens as we are not able to control the order flow into the markets so we need to live with them
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youre a vendor with that diatribe? seriously?

"when i wake up in the morning i look forward to a good harty bowl of spikes......." i've learned to live with them, like when i'm on the railways, laying tracks and what do ya know but a pesky train comes through, well, i've learned to live with them and i can't tell you where the trains are going, how many passengers they carry how many cars they have, how many passengers they turned away, what their capacity is or if they have an ala carte menu, but, i can tell you they just happen and personally, bay-nully, i've learned to live with them.......now, would you like to buy something from me....wait......did i say i work with rail, ya know choo choo's .......toot toot.......come back......hey
 
Joules MM1 said:
youre a vendor with that diatribe? seriously?

"when i wake up in the morning i look forward to a good harty bowl of spikes......." i've learned to live with them, like when i'm on the railways, laying tracks and what do ya know but a pesky train comes through, well, i've learned to live with them and i can't tell you where the trains are going, how many passengers they carry how many cars they have, how many passengers they turned away, what their capacity is or if they have an ala carte menu, but, i can tell you they just happen and personally, bay-nully, i've learned to live with them.......now, would you like to buy something from me....wait......did i say i work with rail, ya know choo choo's .......toot toot.......come back......hey
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Haha good riposte!
 
Dominator4fx said:
Spikes do happen mostly due to the facts that big volume orders are hitting the markets.

This may be due to the Profits taking or a news hitting the markets.
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Spikes are caused by profit taking? Are you sure?
 
Dominator4fx said:
As i said most of the Spikes are due to a news hitting the markets. Then after that at those levels some traders close and book the profits which causes further spikes.
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Spikes happen in poor markets where there is little or no liquidity with big wide spreads.

One needs to ask who are the market makers sellers and buyers?

What 'new' news is / was there re: FB? I think this is a bit like AOL buying / merging with Warner Brothers and then failing spectacularly. People will talk it up as to how wonderful it all is. Give it 5-10 years and see where FB ends up.

Analysts talk up a lot of hype as that is their business. They know hype. That's what they get paid for.
 
Just looking at IG Index Insight and Client Sentiment has

82% Long
18% Short

Well there you go... It must be right when they say only 5% of traders make money...


Who would have believed that IG Index's clients would bet on FB being undervalued????


Helloooooooooooo anybody home????
 
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