Ask HN: Will you buy Facebook shares when it goes IPO?

#1

Post by gdhillon » Mon, Jan 30, 2012, 6:32 PM UTC

Just curious if anyone will invest in Facebook when it goes for IPO?

Re: Ask HN: Will you buy Facebook shares when it goes IPO?

#2

Post by kruhft » Mon, Jan 30, 2012, 6:56 PM UTC

No.

Re: Ask HN: Will you buy Facebook shares when it goes IPO?

#3

Post by noodle » Mon, Jan 30, 2012, 7:01 PM UTC

I would consider it after the stock levels out. It'll almost certainly be overvalued early on and see some heavy ups and downs; I don't have time/interest to try and ride those waves. I'll wait until the knife hits the ground before I even consider trying to grab it.

Re: Ask HN: Will you buy Facebook shares when it goes IPO?

#4

Post by gdhillon » Mon, Jan 30, 2012, 7:05 PM UTC

noodle wrote: post #3

I would consider it after the stock levels out. It'll almost certainly be overvalued early on and see some heavy ups and downs; I don't have time/interest to try and ride those waves. I'll wait until the knife hits the ground before I even consider trying to grab it.

I was thinking the same but I do think you can make some serious money if you grab it on 1st day at opening bell.

Re: Ask HN: Will you buy Facebook shares when it goes IPO?

#5

Post by noodle » Mon, Jan 30, 2012, 7:05 PM UTC

gdhillon wrote: post #4

noodle wrote: post #3

I would consider it after the stock levels out. It'll almost certainly be overvalued early on and see some heavy ups and downs; I don't have time/interest to try and ride those waves. I'll wait until the knife hits the ground before I even consider trying to grab it.

I was thinking the same but I do think you can make some serious money if you grab it on 1st day at opening bell.

You maybe could. You could also be late to the party and lose some serious cash. Hard to predict when a price will stop growing and start bottoming out on something volatile like this. Its just a game that I'm not experienced in playing, so I'll leave it to those who are.

Re: Ask HN: Will you buy Facebook shares when it goes IPO?

#6

Post by jamesbritt » Mon, Jan 30, 2012, 7:25 PM UTC

I don't care for them or their business model. It's skeevy; they've shown themselves have little regard for personal privacy.

Re: Ask HN: Will you buy Facebook shares when it goes IPO?

#7

Post by carlsednaoui » Mon, Jan 30, 2012, 7:35 PM UTC

I agree with most here. Personally, I will consider adding Facebook to my personal portfolio only once the stock price has leveled off.

The main attractive point of Facebook is that it is a service that is used by so many - very few stocks have such a high market penetration around the globe.

Re: Ask HN: Will you buy Facebook shares when it goes IPO?

#8

Post by CommentTo » Mon, Jan 30, 2012, 7:40 PM UTC

jamesbritt wrote: post #6

I don't care for them or their business model. It's skeevy; they've shown themselves have little regard for personal privacy.

Ya, I agree with jamesbritt, especially about the privacy part.

I actually won't be investing in fb. I'm on fb only because of my startup's presence. Otherwise, I wouldn't even be there. Not trying to bash fb or anything, but fb was good around 2007-8. Now, things have changed so much, it's not as much fun as it was before. Just my opinions..

Re: Ask HN: Will you buy Facebook shares when it goes IPO?

#9

Post by Geee » Mon, Jan 30, 2012, 7:40 PM UTC

Maybe it could be time to iterate some opportunities for Facebook which will make stock prices go up in the future.

In my opinion, it quite obvious that they will expand their ad network outside of Facebook at some point, making it a serious competitor to Google's targeted ads. Facebook has such detailed information about people that when they really start to utilize it, it will crush any ad network out there.

Re: Ask HN: Will you buy Facebook shares when it goes IPO?

#10

Post by United857 » Mon, Jan 30, 2012, 7:52 PM UTC

Food for thought about FB's longer term viability: http://robgo.org/2012/01/29/will-facebook-be-the-next-yahoo/