David Hawkins Posted May 11, 2012 Report Share Posted May 11, 2012 SO, who plans to buy any of the Facebook Stock that will soon be sold? Personally, if I ever get ahead I plan to buy some Ford Stock. http://news.yahoo.com/facebooks-ipo-already-oversubscribed-source-015341988--sector.html Link to comment Share on other sites More sharing options...
twobjshelbys Posted May 11, 2012 Report Share Posted May 11, 2012 Never buy IPO shares. Unless you're an experienced day trader and have good access to instantaneous trades you'll be better off buying in a few weeks as real market value is determined. The problem you run into on IPO day is the volume of trades by the major allocations swamp your small trades and you get pushed to the bottom. All the money is made when the people with initial allocations sell their shares. I don't see Ford stock as being a money making stock like Apple. Money to be made on Ford happened during the low period in the economy and the associated runup. Link to comment Share on other sites More sharing options...
svt13 Posted May 28, 2012 Report Share Posted May 28, 2012 Never buy IPO shares. Unless you're an experienced day trader and have good access to instantaneous trades you'll be better off buying in a few weeks as real market value is determined. The problem you run into on IPO day is the volume of trades by the major allocations swamp your small trades and you get pushed to the bottom. All the money is made when the people with initial allocations sell their shares. I don't see Ford stock as being a money making stock like Apple. Money to be made on Ford happened during the low period in the economy and the associated runup. This guy knows EXACTLY what he's talking about. Glad to see there are other intelligent people out there. Link to comment Share on other sites More sharing options...
ilmor Posted May 29, 2012 Report Share Posted May 29, 2012 No FB stock for me! Link to comment Share on other sites More sharing options...
twobjshelbys Posted May 29, 2012 Report Share Posted May 29, 2012 I think the ones that made money were the ones that shorted at closing of the first day. Link to comment Share on other sites More sharing options...
svt13 Posted May 29, 2012 Report Share Posted May 29, 2012 Probably. Facebook IPO was an epic fail. Kind of like the zl1. All hype and no delivering Link to comment Share on other sites More sharing options...
twobjshelbys Posted August 21, 2012 Report Share Posted August 21, 2012 So how did this work out? For the life of me I can't understand the hype over a company that produces nothing real. Ford has value, Apple has value, Facebook does not. http://www.foxbusiness.com/technology/2012/08/20/facebook-shares-bounce-off-new-low/?test=latestnews Link to comment Share on other sites More sharing options...
rocky Posted August 21, 2012 Report Share Posted August 21, 2012 Never buy IPO shares. Unless you're an experienced day trader and have good access to instantaneous trades you'll be better off buying in a few weeks as real market value is determined. The problem you run into on IPO day is the volume of trades by the major allocations swamp your small trades and you get pushed to the bottom. All the money is made when the people with initial allocations sell their shares. I don't see Ford stock as being a money making stock like Apple. Money to be made on Ford happened during the low period in the economy and the associated runup. This is the simple truth heed this advise! Link to comment Share on other sites More sharing options...
SGT0225 Posted August 22, 2012 Report Share Posted August 22, 2012 This is the simple truth heed this advise! I would have bought 5K worth of FORD stock in 2008 if my company hadn't talked about short work weeks. Could have quadrupled my money. Link to comment Share on other sites More sharing options...
jerseygator Posted August 22, 2012 Report Share Posted August 22, 2012 So how did this work out? For the life of me I can't understand the hype over a company that produces nothing real. Ford has value, Apple has value, Facebook does not. http://www.foxbusine...test=latestnews Link to comment Share on other sites More sharing options...
shelbymotorsports Posted August 22, 2012 Report Share Posted August 22, 2012 This guy knows EXACTLY what he's talking about. Glad to see there are other intelligent people out there. When it comes to FB stock and its falling price, it appears that there are more intelligent people than buyers. Just look at what Peter Thiel, Facebook Director, did by selling off his shares of FB. Kind of says something when an officer of a company throws the company under the bus. Obviously Thiel has no faith in FB. Steve Link to comment Share on other sites More sharing options...
ingram4868 Posted August 22, 2012 Report Share Posted August 22, 2012 Steve, I don't think Thiel's decision to sell reflects a view of his feelings about the company. I believe he was simply taking profit within his holdings. His decision made billions in profit. Link to comment Share on other sites More sharing options...
Doug_GT350 Posted August 22, 2012 Report Share Posted August 22, 2012 I thought about buying buying some of the stock, then I thought for what I could really afford I might be better off filling the gas tank in the Shelby...... I had a blast driving it that day! :P Link to comment Share on other sites More sharing options...
patrickshelby Posted August 22, 2012 Report Share Posted August 22, 2012 I thought about buying buying some of the stock, then I thought for what I could really afford I might be better off filling the gas tank in the Shelby...... I had a blast driving it that day! :P Good move! Link to comment Share on other sites More sharing options...
BIKEBOY Posted August 23, 2012 Report Share Posted August 23, 2012 Never buy IPO shares. Unless you're an experienced day trader and have good access to instantaneous trades you'll be better off buying in a few weeks as real market value is determined. The problem you run into on IPO day is the volume of trades by the major allocations swamp your small trades and you get pushed to the bottom. All the money is made when the people with initial allocations sell their shares. I don't see Ford stock as being a money making stock like Apple. Money to be made on Ford happened during the low period in the economy and the associated runup. Auto stocks are typically a !! Link to comment Share on other sites More sharing options...
BIKEBOY Posted August 23, 2012 Report Share Posted August 23, 2012 Real-estate David...Real-estate!! Wifee and I have (including the one we live in) 4 homes...3 in AZ. and the one here in Joysey. It's good to be a slumlord!! Link to comment Share on other sites More sharing options...
Cali_KR Posted August 23, 2012 Report Share Posted August 23, 2012 Real-estate David...Real-estate!! Wifee and I have (including the one we live in) 4 homes...3 in AZ. and the one here in Joysey. It's good to be a slumlord!! That was once a safe domain too....i'm getting my ass handed to me here in California... Re: Stocks, people thought $85 a share at IPO was GOOGLE was nuts....it is $679 a share today... Facebook may likely pass One billion users this year.... so charge each person $0.01 penny a day ($3.65 a year) and BOOM $ 365B in the bank... Link to comment Share on other sites More sharing options...
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