Yay! more news coverage!! What's the price down to now? How much does that mean Zuckerberg is (not) worth today?

STFU AND GBTW

Grapple: Yay! more news coverage!! What's the price down to now? How much does that mean Zuckerberg is (not) worth today?

STFU AND GBTW

I think the (older, bitter) business journalists still have some schadenfreude to vent about Zuckerberg.

No matter how much lipstick you put on the pig, and which fancy restaurant you take it to. It's still a pig.

What's interesting is that I wonder what would have happened to the price had NASDAQ not choked on the volume. I believe there would have been a bigger swing one way or the other.

Room full of servers worth $100B?????

You know... if they did buy back the stock, they'd come out about $30billion ahead, at the moment.

Fish in a Barrel: You know... if they did buy back the stock, they'd come out about $30billion ahead, at the moment.

Fish in a Barrel: You know... if they did buy back the stock, they'd come out about $30billion ahead, at the moment.

How so? The stock is lower than its IPO price.

downstairs: Fish in a Barrel: You know... if they did buy back the stock, they'd come out about $30billion ahead, at the moment.

How so? The stock is lower than its IPO price.

I think what he's saying is imagine you sell drinks today for $1 each, and you sell 100 of them. Tomorrow, the price of drinks falls to $0.70, and you buy back all 100. You made $100 yesterday but only spent $70 to get it all back. Thus you gained $30 overall.

Genju: downstairs: Fish in a Barrel: You know... if they did buy back the stock, they'd come out about $30billion ahead, at the moment.

How so? The stock is lower than its IPO price.

I think what he's saying is imagine you sell drinks today for $1 each, and you sell 100 of them. Tomorrow, the price of drinks falls to $0.70, and you buy back all 100. You made $100 yesterday but only spent $70 to get it all back. Thus you gained $30 overall.

I'm an idiot. Duh. They essentially shorted their own stock.

This stock will quintuple in value in the next six months as all 900 million members of Facebook who once used google to search for items to buy, will now click on random Facebook ads to search for the things they are looking for, thus starving google of all the ad revenue which formerly made it profitable and driving Facebook ad revenue into the stratosphere.

Correct me if I have misstated the Facebook investors' scenario on stock appreciation

Jacobin: This stock will quintuple in value in the next six months as all 900 million members of Facebook who once used google to search for items to buy, will now click on random Facebook ads to search for the things they are looking for, thus starving google of all the ad revenue which formerly made it profitable and driving Facebook ad revenue into the stratosphere.

Correct me if I have misstated the Facebook investors' scenario on stock appreciation

Well, that 900 million is just number of unique genuine human users they have NOW, it's going to be at 9 billion pretty soon. Which would justify pretty massive growth in the stock price whether they're making a profit or not. I read somewhere that you can't lose money on a company with 900 million users, and with FB we're already talking like a thousand times that many when it gets to 9 billion. So you're right about the relentless ad clicking driving up the stock, but you're setting the bar pretty low when you say 4x the current price.

/plus they have Instagram now, so you have to add another $5-8/share for that

BizarreMan: No matter how much lipstick you put on the pig, and which fancy restaurant you take it to. It's still a pig.

Really? How about if it sucks your cock? Not a pig anymore, right?

Haha but the joke was funnier on Tuesday!:

Link

Bacontastesgood: BizarreMan: No matter how much lipstick you put on the pig, and which fancy restaurant you take it to. It's still a pig.

Really? How about if it sucks your cock? Not a pig anymore, right?

this + your username = gold

Anybody that bought Facebook stock deserved to get screwed. There was ZERO evidence that it was properly priced.

Theoretically, if something really bad happened and the stock plummeted, like single digits or something, what would be the impact on Facebook as a service? Is their ability to run the server farms tied directly to stock value? I mean, could a calamitous stock event actually impact their ability to offer Facebook as a website or would it mean that a bunch of people would stop getting rich from doing it?