Facebook selling its shares.

[aes_999]

So I'm a first year commerce / economics uni student, and I find Facebook's IPO an interesting issue.

To other commerce students (especially TrueTears) / anyone in general, what do u think about Facebook's future? Was the IPO a good move or not? Personally, I didn't think that they did too well, considering that after the first day of trading, they only gained 23 cents from the IPO of $38. But hey, I'm a jaffy, and I don't know a lot about these finance things.

[Greatness]

Yeah i reckon it's pretty interesting esp since we were just learning about IPOs in finance! Altho im not too sure on how they'll go and how it will affect them lol
Should be interesting tho, i wouldnt mind buying a few shares just to say 'I'm an owner of facebook' altho I'd only own 0.05% or something minute

[JellyDonut]

might as well milk this cow for all it's worth

[lexitu]

P/E is ridiculous for Facebook... Are there any ways to short Facebook in Australia?

[golden]

So I'm a first year commerce / economics uni student, and I find Facebook's IPO an interesting issue.

To other commerce students (especially TrueTears) / anyone in general, what do u think about Facebook's future? Was the IPO a good move or not? Personally, I didn't think that they did too well, considering that after the first day of trading, they only gained 23 cents from the IPO of $38. But hey, I'm a jaffy, and I don't know a lot about these finance things.

If the Facebook founders expect there to be more money in other business projects and possibly Facebook maybe to fall within half a decade or so then the IPO would be a good move for them lol.
Do you think you will be playing FarmVille in 5 years? I personally wouldn't know because I don't use Facebook much.

But even if it does flourish then there is (probably) a higher potential for other projects to flourish even more as innovation hits the streets.
So it may actually be a good move.

I think they also took the opportunity to tax dodge in some areas, which has a potential to change in the future as laws etc. change.

(Image removed from quote.)

might as well milk this cow for all it's worth

Lexitu:
When I grow up I'm going to Bovine University.

What is up with the cow references? Bahahahaha.

[JellyDonut]

You could say that Zuckerberg's decision... was a beefy move

[lexitu]

Lexitu:
When I grow up I'm going to Bovine University.

What is up with the cow references? Bahahahaha.

Simpsons; Ralph

You could say that Zuckerberg's decision... was a beefy move

This too

[Greatness]

lol apparently zuckerberg is at a 2b loss with the share prices atm. how would you feel haha

[ecvkcuf]

lol apparently zuckerberg is at a 2b loss with the share prices atm. how would you feel haha

haha yer went down 10% in like a few days lol

feel sorry for him.. hope his enjoying his honeymoon though

what do you guys think, are the prices going to stablize keep dropping or surge upwards?

[golden]

P/E is ridiculous for Facebook... Are there any ways to short Facebook in Australia?

It seems like it would be a really hard task considering all the hype that shareholders showed.