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Ask HN: Will you buy Facebook stock?
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Re: Ask HN: Will you buy Facebook stock?
#2As part of the IPO or after? I just called my broker and they said that I have a slim to zero chance of getting in on the IPO unless I have a bunch more zeroes added on the to amount of money I have to spend.
Re: Ask HN: Will you buy Facebook stock?
#3I've loaded up with a few shares via second market and I literally can't buy enough, even my grandmother is in Facebook.
It's going to be an industry leader and there will be strong demand from money managers which one would imagine will only lead for a strong buy sentiment.
Re: Ask HN: Will you buy Facebook stock?
#4[deleted]
Re: Ask HN: Will you buy Facebook stock?
#5Although I do not own a stock portfolio yet (it's on my financial to do list), I personally would be wary of owning Facebook stock at this moment or in the near future.
People have been buzzing over a Facebook IPO for at least a year now, so when the moment comes you bet it will be a highly publicized event. Pre-IPO investing is already risky to begin with, and I have a feeling that all this media frenzy may make Facebook's stock unnecessarily volatile at the start.
Sure, the people buying in now may get lucky and see the stock rise in value, but it's also possible that this IPO may just turn out to be another Groupon. Although I'm still in my 20's, I'm not much of a risk taker when it comes to personal investments. Sorry, but I'll pass for now.
Re: Ask HN: Will you buy Facebook stock?
#6I remember people saying Google was steep at $85 when it IPOed in 2004. I think at their most basic level, they're fundamentally the same: Google defined search, and now Facebook is defining social. I'll be picking up some shares after the initial spike and resulting dip. Then settle in for years of steady growth (hopefully).
Re: Ask HN: Will you buy Facebook stock?
#7Their valuation is 5+ years ahead of a dream that only may come true. So unless you're bullish enough to hold onto it for a long time, or you're gambling on short-term volatility, it seems like a bad bet.
Re: Ask HN: Will you buy Facebook stock?
#8Although I do not own a stock portfolio yet (it's on my financial to do list), I personally would be wary of owning Facebook stock at this moment or in the near future. People have been buzzing over a Facebook IPO for at least a year now, so when the moment comes you bet it will be a highly publicized event. Pre-IPO investing is already risky to begin with, and I have a feeling that all this media frenzy may make Fac…
If you believe in a companies fundamentals and future outlook 'trading' volatility isn't an issue.
Of course it will be when your buying options contracts or day trading, adding Facebook to a long term portfolio is a strong move.
My main belief in Facebook stock comes from the fact Facebook is the company being built on top of at the minute, the ecosystem for Facebook is super strong.
They just need to figure out how to monetize mobile.
Re: Ask HN: Will you buy Facebook stock?
#9I remember people saying Google was steep at $85 when it IPOed in 2004. I think at their most basic level, they're fundamentally the same: Google defined search, and now Facebook is defining social. I'll be picking up some shares after the initial spike and resulting dip. Then settle in for years of steady growth (hopefully).
There's one important difference: Google was valued around $20 Billion when it went public, and it is now worth $187B. How much market cap growth can Facebook possibly attain over the coming years? They're going to have to start monetizing their users or that hefty stock price is going to erode over time.
Re: Ask HN: Will you buy Facebook stock?
#10I remember people saying Google was steep at $85 when it IPOed in 2004. I think at their most basic level, they're fundamentally the same: Google defined search, and now Facebook is defining social. I'll be picking up some shares after the initial spike and resulting dip. Then settle in for years of steady growth (hopefully).
There's one important difference: Google was valued around $20 Billion when it went public, and it is now worth $187B. How much market cap growth can Facebook possibly attain over the coming years? They're going to have to start monetizing their users or that hefty stock price is going to erode over time.
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