What link did you see that? I've seen plenty of links where it's included or you round up- say 58 euros, leave 60.
Facebook IPO
- Thread starter JWIL4CY
- Start date
What link did you see that? I've seen plenty of links where it's included or you round up- say 58 euros, leave 60.
10 Tourist Mistakes when Visiting Italy: Tipping, Tickets, and More — Ms. Adventures in Italy
Guide lines on tipping in Italy
Tipping Tips from the UK and Europe by Rick Steves
I looked on the Frommers forum and a poster stated pretty much what you said. I guess that 10% should only be used if the service was excellent otherwise one is not really expected.
Facebook, Inc. (FB)
28.84 May 29, 4:00PM EDT
Pre-Market: 28.82
0.02 (0.07%) 9:24AM EDT - Nasdaq Real Time Price
Maybe some long term call options would be a good call right about now
28.84 May 29, 4:00PM EDT
Pre-Market: 28.82
Maybe some long term call options would be a good call right about now
Facebook, Inc. (FB)
28.84 May 29, 4:00PM EDT
Pre-Market: 28.820.02 (0.07%) 9:24AM EDT - Nasdaq Real Time Price
Maybe some long term call options would be a good call right about now
What did it start at? $38? or $41?
Facebook, Inc. (FB)
28.84 May 29, 4:00PM EDT
Pre-Market: 28.820.02 (0.07%) 9:24AM EDT - Nasdaq Real Time Price
Maybe some long term call options would be a good call right about now
Puts might be a better idea.
This is just so very entertaining. Not sure anyone listened to Dave Ramsey last night, but it was hilarious. Basically telling the truth, that anyone who purchased facebook was stupid. Might as well go to the casino and play craps. The people demanding regulatory intervention are just plain stupid. Did you all know, that more IPO's go down in the first month then go up? IPO's are RISKY! It was a stupid purchase.
Just because everybody knows what facebook is, doesn't mean it is a good company to buy stock in. The multiple is ridiculous. Now some have pointed out that that is not everything, and they are correct. But for a company that has continually shown that they have no idea where to get revenue from other than advertising, it is a big deal. Facebook is not diversified, people think its user growth will be slowing in the coming future, and until they prove that they can innovate new products or new revenue streams, this stock doesn't deserve more than a 10-15 multiple like most other companies on the Nasdaq.
So people were stupid to buy it. Next time don't buy stocks, just because the news says its a good idea, or because you like to post pictures of your kids to the interwebs using it.
And if you lost money, I am sorry, but you knew the risk of an IPO, so don't complain about your own stupidity to anybody else but yourself.
Most of this was Dave's words, not mine, so take it for what it is worth. I just found it funny that he said stupid about 100 times in 5 minutes.
Just because everybody knows what facebook is, doesn't mean it is a good company to buy stock in. The multiple is ridiculous. Now some have pointed out that that is not everything, and they are correct. But for a company that has continually shown that they have no idea where to get revenue from other than advertising, it is a big deal. Facebook is not diversified, people think its user growth will be slowing in the coming future, and until they prove that they can innovate new products or new revenue streams, this stock doesn't deserve more than a 10-15 multiple like most other companies on the Nasdaq.
So people were stupid to buy it. Next time don't buy stocks, just because the news says its a good idea, or because you like to post pictures of your kids to the interwebs using it.
And if you lost money, I am sorry, but you knew the risk of an IPO, so don't complain about your own stupidity to anybody else but yourself.
Most of this was Dave's words, not mine, so take it for what it is worth. I just found it funny that he said stupid about 100 times in 5 minutes.
I wouldn't count Facebook out yet. They are raising money to make some big moves, buying Nokia? Maybe. Linkedin is has a PE of 600 and is at $99 it was off 20% in the first month as well. As the poster above said IPO's are risky...but high risk high rewards. Just like the craps table.
And Dave Ramsey is the guy who's investment advice is buy and hold in a Growth Mutual fund and leave it forever.
By the way, I cannot get any shares of FB to short for the last week at my TD Ameritrade brokerage. All the hedge funds must be hoarding their shorts
