Facebook IPO

[mrmarket]

There are a lot of shares coming to market in the next several months.....

[jiesen]

Just checked my accounts at 8 PM. I got 50 shares and my son got 50 shares at 38. Anybody want some for 100?

------------billy

cents? a buck a share sounds about right for FB stock...

[billyjoe]

cents? a buck a share sounds about right for FB stock...

Jiesen,
I'll be doing a cakewalk all the way to the bank tomorrow. Just watch how high the bids go. Not that I agree with it, but I'll take my profits.

http://www.youtube.com/watch?v=7sDnVIeSn_k things are so much better now I'll send this one out especially for Riverbabe (just don't tell the wife)

http://www.youtube.com/watch?v=oBGbrFlWwsE&feature=fvsr

------------billy

[jiesen]

Jiesen,
I'll be doing a cakewalk all the way to the bank tomorrow. Just watch how high the bids go. Not that I agree with it, but I'll take my profits.

http://www.youtube.com/watch?v=7sDnVIeSn_k things are so much better now I'll send this one out especially for Riverbabe (just don't tell the wife)

http://www.youtube.com/watch?v=oBGbrFlWwsE&feature=fvsr

------------billy

good luck to you, billy... I hope it hits your limit order in the first hour tomorrow and you make a killing! Just be careful not to hold on to this one too long, is all I can say about FB. It may not drop to a buck right away, but it's headed there.

[billyjoe]

Thanks all for not rubbing it in. Back to collecting aluminum cans fer me.

http://www.youtube.com/watch?v=3QsNXd57Ppw&feature=related

-----------billy

[Deaddog]

Tell us that you're not still holding.

[IIC]

For those that friend me on FB...Your welcome for warning you not to buy FB ...There are a jillion reasons not to have bot it at this point...Some of which I pointed out over the last few months...And heck...That is info I don't even trade on.

[billyjoe]

Look at FB go ! JeJeJe

-------billy

[Deaddog]

Are you even considering cutting you loses or have you turned a short term trade into a long term investment.

[em26jamie]

You can keep them as a conversational piece...

[peanuts]

Anybody else willing to gamble $1000 at the current price of $27

[riverbabe]

Anybody else willing to gamble $1000 at the current price of $27

I vote "nope" for a long. Short maybe when it settles down. IMHO it's an $8 stock. Wait till the lockup is close to expiring and watch it crater (or not).

[wooish]

I vote "nope" for a long. Short maybe when it settles down. IMHO it's an $8 stock. Wait till the lockup is close to expiring and watch it crater (or not).

So my $10 bid order will get triggered eventually?

[billyjoe]

Lots of people are 100% right in hindsight. Here are some good things that happened with this trade.

1. It was in such demand I only got 1/2 of my order.
2. The order was less than 1% of my portfolio.
3. I can handle a loss of .0025 of my fortune
4. Took the other half of my funds not spent, bought one of my dividend favorites on a dip and made 10% in 3 hours

------------billy

[mrmarket]

Facebook knows how to make money. Now that they are a public company, making money will be more important to them. This will be a very good investment for the long run.