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Facebook Shares Yes/No?

24

Comments

  • sorcerer
    sorcerer Posts: 878 Forumite
    I'm out! too risky for my blood.
  • raider
    raider Posts: 183 Forumite
    Part of the Furniture Combo Breaker
    A definite no from me.

    Although I do look forward to shorting the backside off it at some point :D
  • longleggedhair
    longleggedhair Posts: 471 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    A 100% No from me, I have a feeling this could turn out to be an investment horror story.
  • Gromitt
    Gromitt Posts: 5,063 Forumite
    Although I don't seem them plummeting any time soon, I don't really see them rocketing, either.

    So it's a no from me.
  • MoneySaverLog
    MoneySaverLog Posts: 3,232 Forumite
    Trouble is people are comparing facebook to google. When google first come to the market it was a relative unknown. Now facebook is well known, the only people who are going to profit from the IPO are the existing shareholders, who will see a rise. Along with the corporates and bankers who will get first dibs at the shares.

    Then it will be opened up to us plebs who will end up buying overpriced as everyone else who got in early takes their profit.

    I for one will not be buying facebook shares.
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    ZlZe4.png
  • lvader
    lvader Posts: 2,579 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I like Facebook and in some ways I think it's worth the lofty valuations but I can't see it being worth much more in the future, but the downside is huge. It has no apeal to me as an investor.
  • IronWolf
    IronWolf Posts: 6,441 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    IPOs are generally ones to stay away from. People don't float companies unless its on favourable terms for them, which usually means you're getting the short end of the stick.

    At these lofty valuations it needs a LOT of growth to have a chance of making you money, I know far too little about it to know how it can grow its profits that much so not an investment for me.
    Faith, hope, charity, these three; but the greatest of these is charity.
  • Biggles
    Biggles Posts: 8,209 Forumite
    1,000 Posts Combo Breaker
    I doubt that it's a decision I need to make. It will presumably be listed on NASDAQ, so getting a piece of the initial action from the UK is not going to be practical.
  • greenface
    greenface Posts: 4,871 Forumite
    Mortgage-free Glee!
    My kids have already invested everthing they have into facebook (or FB) their time, their homework,Their phone credits . The dishes, feeding the dog etc etc all gone now FB is here.
    :cool: hard as nails on the internet . wimp in the real world :cool:
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