Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics > Investing
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 03-28-2012, 09:35 AM
 
448 posts, read 746,860 times
Reputation: 258

Advertisements

Looks like Facebook will be going public here in the next few months. I plan on investing some money and holding for a couple of years. What say ye? Like or dislike the hype?
Reply With Quote Quick reply to this message

 
Old 03-28-2012, 10:04 AM
 
Location: Peoria, AZ
162 posts, read 432,756 times
Reputation: 153
personally I don't think I'm going to jump on that bandwagon. We will see though.
Reply With Quote Quick reply to this message
 
Old 03-28-2012, 10:27 AM
 
1,343 posts, read 2,680,119 times
Reputation: 417
Not me!

Why invest money in Facebook, when I can invest in a companies thats have years of proof of making money. Like CAT, XOM, AA, GE, HES, BAC.

Why throw money at Facebook? How do they make money?
Reply With Quote Quick reply to this message
 
Old 03-28-2012, 11:15 AM
 
4,761 posts, read 14,340,776 times
Reputation: 7960
I'm not buying facebook.

Look at Yahoo. At one time that was the stock to invest in. Does everyone think Yahoo is so great now? Could facebook be a "fad" and everybody go to something else in the future?

Look at what Linkedin did right after its IPO.

Then look at who is wanting to buy facebook. "The masses"! These people buy high, then "panic sell" if there is any kind of stock market "crash" type news. The time to buy would be after they all sold.

Notice the stocks which go down the most in a "crash". They are everyday "name" stocks like Disney, Microsoft, Apple, etc. But there are obscure stocks owned primarily by institutional investors which don't go down much and some go up during a "crash".

Buy when everyone else is selling, and sell when everyone else is buying.
Reply With Quote Quick reply to this message
 
Old 03-28-2012, 12:08 PM
 
Location: San Francisco, CA
180 posts, read 212,115 times
Reputation: 86
Quote:
Originally Posted by midlifeman View Post
Looks like Facebook will be going public here in the next few months. I plan on investing some money and holding for a couple of years. What say ye? Like or dislike the hype?
As of now I will BUY shares of FB. However, it depends what the price action is on the first day.

I've been meeting with marketers, IT specialists, major newspapers and EVERYONE believes building your presence on Facebook is key to any online marketing campaign. My Facebook page for our business is very beneficial. You can't ask for a better setup. You get people to "like you" and it appears on all their contacts and if one of their contacts "likes you" it spreads again and before you know it, you have thousands of views in a very short time. Now you can direct them to your promotions, website etc. It's different than simply advertising on Google because you are more likely to view something if it's coming from a friend. You also can't ask for better testimonies or reviews because the user has the ability to see the reviewer and feel confident that the review is honest and legitimate.

Facebook's targeted marketing is also a good cost effective marketing tool. You can really narrow down your target audience and Facebook continues to add more options to further narrow down your target audience.

I wouldn't say Facebook will be another Google, but it's not going to be a Groupon or Pandora. If Facebook were a country, it'd be the 5th largest I believe. Google+ wasn't able to stop Facebook, so now I'm much more bullish.
Reply With Quote Quick reply to this message
 
Old 03-28-2012, 04:08 PM
 
Location: Warwick, RI
5,525 posts, read 6,395,509 times
Reputation: 9648
Quote:
If Facebook were a country, it'd be the 5th largest I believe.
Yes, but it's huge user base doesn't pay to use it, and I believe a large percentage would leave if forced to pay for it. I don't use Facebook, see zero value in the service it provides, and will NOT be buying the stock.
Reply With Quote Quick reply to this message
 
Old 03-28-2012, 04:14 PM
 
Location: San Francisco, CA
180 posts, read 212,115 times
Reputation: 86
Quote:
Originally Posted by treasurekidd View Post
Yes, but it's huge user base doesn't pay to use it, and I believe a large percentage would leave if forced to pay for it. I don't use Facebook, see zero value in the service it provides, and will NOT be buying the stock.
Users don't pay directly, Facebook sells all its users information to marketers.
Reply With Quote Quick reply to this message
 
Old 03-28-2012, 06:33 PM
 
Location: Warwick, RI
5,525 posts, read 6,395,509 times
Reputation: 9648
Quote:
Users don't pay directly, Facebook sells all its users information to marketers.
Excellent! Another reason I'm glad I don't use it.
Reply With Quote Quick reply to this message
 
Old 03-28-2012, 06:45 PM
 
4,042 posts, read 3,539,964 times
Reputation: 1974
Not investing in it.

I think the Google Brats are likely to finally come up with a Facebook Alternative that's genius and make FB a "has been" very quickly once they launch the right idea.
Reply With Quote Quick reply to this message
 
Old 03-28-2012, 07:54 PM
 
448 posts, read 746,860 times
Reputation: 258
Default I'm investing

Here's why I am investing:

Facebook has no competition
The company is profitable
has over 800 mill users, 500 mill which use it every single day.
Social media is in the growth stage. Search Engines like google are maturing.
It's the ultimate referral marketing (thumbs up) as opposed to pay per click.

To me Facebook is like the invention of the wheel. A lot of people are going to be using it. How can I not get in?
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics > Investing
Similar Threads

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top