Facebook IPO

[dmax]

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Completely unrelated to anything else in this thread and only related to some text on the middle image of that screen cap:
Having Jamie Foxx like something will definitely not make me like something too.

 

[NewspaperCrane]

This... I found interesting...
View attachment 110032

Pretty normal behavior for an IPO. They're always super inflated the first day.

 

[moondoggy23]

Just found another article talking about Facebook and it's still falling prices and who's to blame. It would seem that this isn't a typical IPO. My wife works for an investment bank and she says they're thinking the actual value of FB stocks are somewhere under $20/share. That may be a bit harsh, in my opinion. Currently, FB shares are at about $32, down still from yesterday's close.

 

[ollee]

A true snapshot of an IPO cannot be attained within 2 days. Give it 2 weeks, and then you will be able to get a feel for how it is holding up.

 

[kimbal86]

I read that Facebook's revenue is in the region of $3 billion. The valuation of Facebook at $100 billion therefore seems rather high, unless Facebook has plans in the pipeline to massively increase revenue.

 

[NewspaperCrane]

http://finance.yahoo.com/blogs/dail...ebook-revenue-estimates-middle-133648905.html

Interesting.