homeless
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Posts posted by homeless
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When the likes of Sky News and other media outlets are highlighting FB's plunge I wonder how many FB users are going to decide that FB is uncool and will no longer wish to be associated with a failure?
it became uncool once yer granny joined, who the heck wants to post stuff with your grandma watching. or kids when their mum watches. most of the kids have 2 facebook accounts one where they got family on and another where they chat schoolground with their pals.
i wonder if that user base takes into account the fact that tons of people have two accounts, id say 50%.
another problem is, it just aint so much fun when its not annonymous and you can troll or talk dirty to whoever you want, thats what people come on the internet to do.
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31.03 -3.00 (-8.82%)
thats a hell of an opening few mins
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is it going to breach $30 ?
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just opened
32.26 -1.77 (-5.20%)
now 31.80 -2.23 (-6.55%)
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This does not look good:
http://www.businessinsider.com/facebook-bankers-earnings-forecasts-2012-5
"And now comes some news about the Facebook IPO that buyers deserve to be outraged about.
Reuters Alistair Barr is reporting that Facebook's lead underwriters, Morgan Stanley, JP Morgan, and Goldman Sachs, all cut their earnings forecasts for the company in the middle of the IPO roadshow.
This by itself is highly unusual (I've never seen it during 20 years in and around the tech IPO business).
But, just as important, news of the estimate cut was passed on only to a handful of big investor clients, not everyone else who was considering an investment in Facebook.
This is a huge problem, for one big reason:
Selective dissemination. "
thats semi insider trading to me
im starting to come around to the idea this is going to end up the biggest dot-com crash of all.
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32.66 -1.37 (-4.03%) Pre-Market
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so facebook is becoming a gambling site?
no as it would be banned in the usa.
aka second life ( which incidently died on its ass as soon as they had to remove gambling elements, personally i think they should have just banned americans from using it.)
and also betfair which got into all kinda trouble for americans opening up gambling accounts
so cannot see facebook going the gambling route, though it allready does have gambling site adverts
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Like reading this forum and considering putting a generous offer into FUBRA so that he can then ban all of us who laughed at the IPO valuation?
lol. because he can
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just had a look. intresting company. its a profit making miner on a p/e of 12
price has dropped a bit as have all miners the last few weeks. i like how it is paying increasing dividends.
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so i wonder what today will bring.
ive noticed the media is bored with fb now and have moved on, but i feel today is very important. if it stabalises perhaps weve found about the right price. and if it falls more were staring at lastminute.com territory.
what ever happens its completely obvious now it was priced far to high for the ipo.
my guess for today is a small increase to $36, some might now consider the price a bargain, however i think their completely bonkers
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whats the problem?
why are so many here mouthpieces for lenders?
borrowing money and repaying it is just another buisness transaction, why do i care if bankers lose a few quid. lenders set their intrest rates to take into account default accounts, so they get back all that defaulted money from other customers. so why the hell are some people here so intrested in their customers?, have you got shares in the bank they defaulted on?.
if people want to borrow, and people want to borrow it. thats their buisness not mine. me i pay cash
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The red tape is the economy.
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its a disgrace they let so many of these "not the right sort" chaps into our universities. it does them no good at all and only makes them think above their station.
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the whole country would grind to a stop and just riot if they took away the tax credits. and to be honest quite right too.
was a thread about how better off people in the 70s were, and you didint need tax credits then either. just goes to show how poor we have all become.
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just thought i would russel up a few pre ipo people
STEVE WOZNIAK, who built the first Apple computer with Steve Jobs and who helped co-found the computing giant, has said that shares in rival tech firm Facebook are worth buying at any price.
"I would invest in Facebook," the Detroit Times reported him as saying yesterday while on a promotional trip in Australia. "I don't care what the opening price is."
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One such cheerleader comes in an entirely surprising form, that of former MySpace CEO Mike Jones. “I’m super bullish on Facebook,” said Jones in a recent phone call.
“I think it’s a long-term play… I literally couldn’t be more excited about it.”Jones continued to note that Facebook’s being a household name certainly wouldn’t hurt it on IPO day. “People will just want to own the stock,” he said. “People will log into E-Trade and buy Facebook stock because they love it and use it everyday.”
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Serial entrepreneur Flip Filipowski, who currently runs cloud startup SilkRoad, was similarly positive. “I would absolutely take all the Facebook stock I could get at the IPO price,” Filipowski said.
“Facebook has a large user base hungry to participate in the phenomenon. These share prices are what the market is willing to pay at this time; my guess is that it will close way above where it is priced.”
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“I’m buying,” said entrepreneur Dave Scott, co-founder at Marketfish. “Facebook is sitting on top of the one of the largest gold mines in the world in terms of data.”
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Mark Siegel, managing partner at Silicon Valley firm Menlo Ventures, sees not only the potential for short-term gains, but also the likelihood of long-term profits.
“I am personally going to buy some as a long term investor, for the same reason that I hold Apple and Amazon and Google and Oracle and Microsoft,” he told us. “I think the long-term future is very bright.”
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The ethical Michael Pachter, managing director for equity research at Wedbush Securities, said, “Fortunately, I am not permitted to invest in stocks that I cover.” Still, he admitted, “I would personally invest in all of my OUTPERFORM rated stocks, including Facebook, if I were permitted.”
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sorry couldnt resist.
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its all new build flats ( sorry apartments) aint it.
a real landlord would'nt buy that crap, just an idiot like a footballer who's massive cash disgiuses the bad deal he did.
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Indeed.
They didn't build "homes" at all. Purely a vehicle to rip people off.
The city centre new build flats have already had a huge crash, IMO.
yup indeed, there a useless disgrace. seriously what sane person would buy a house that you still need to pay 60 quid a week after the mortgage is paid off?. the likes of inside track sold these on the hard sell using the timeshare book of how to catch a sucker.
imagine it, all these middle age, middle class mainly public workers, being treated to the buffet by con artists, and make no mistake these people were con artists. The people that bought these places werent landlords or developers, they were actually the suckers that bought them off landlords and developers. these sales people would have subjected them to every trick there is playing to their ego's and fears.
for me this was the ultimate of the bubble.
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there is allways some ba$%&tard wanting to spoil a nice day
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STOP
your making my f%^&king eyes bleed with that headline. the rest i couldnt handle reading
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hi all, hope your having a lazy easy sunday.
After reading some crap about all these thousands of new build flats, it occured to me where i had seen all this before. its like they took the timeshare scam from spain and brought it home to england. I suspect it was even sold to the same people that were conned into timeshare.
the simillarities are un-canny.
it is sold with the idea you will make/save money. high pressure seminars and sales techniques used to sign you up and each having the hidden service charge scam tagged on, they never sold you two weeks they sold you the whole 52 weeks, yet you still never realy owned it because the service charges of £3500 a year made sure of that.
And thousands have fallen for it, the utter fools
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The mortgage would be on a house that got wet inside when it rained, that the wind whistled through, that got cold in winter, etc.
The car was definitely a toy of the rich.
The food and utilities were much higher relative to incomes than today.
The wife at home would have a lot of hard work to do. Though if she was really lucky she might have a forerunner of today's washing machines to help with the single most labour-intensive task.
why would it need to be a house that let in rain? that nonsense. infact it was a heck of a lot cheaper to get some guy, non health and safety restricted to sort your slates out. the wooden windows and no central heating was par for the course even for the rich. and everyone in my street had a car when i was a kid, and i lived in a rough council estate, they worked on these cars in the street, often pouring the oil down the drains.
food and utilities are more expensive now, in this group i would add council tax, which is a heck of a lot more than rates ever were on a average wage basis. council tax alone is about 10% of many peoples wages, you could have fed your family on that money.
and as you said the wife could stay at home, that alone proves it was a lot easier in the 70s, try doing that now.
i as a tight ass, that likes to find a bargain am finding it harder and harder to make things level out, simply because the costs i can do little about take over so much of my income, perhaps 70% of the wage packet is allready spent on fixed weekly costs that i cant even with shopping around for cheaper deals for electricity ect i cannot stop paying.
so i have about 30% which i can look to spend on how i please only, i bet this was a lot more in the 70s. and this is the whole problem we now face. no-one has nothing left after the fixed costs because everyone from the banks to the councils to the electricity companies have squeezed all they can from the public. we realy are slaves.
as i said to the wife, if i go out work all week and at the end of it i have nothing for myself i might as well sit on the dole, cause they seem to manage ok.
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Well duh, people can only find work when an employer has a position available, the job will be filled whether or not some company has screwed the taxpayer and unemployment will remain the same regardless. Just more government gimmick to suggest they are doing something-sometimes it's best to "just sit there"
exactly my thoughts.
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The underwriters get paid. Market makers don't hold a position, they make money on volume on the spread.
Over the course of a day FB itself hasn't changed on jot. So any share selling / buying is a zero sum game. Some won some lost. Not sure who lost out the most if the stock drops. Probably the banks who worked with the underwriters and got first refusal. Once the secondary market is fully underway if FB drops to $32 are retail investors immoral for stepping in and cost a hedge fund $6 per share?
What about people who bought google stocks after banks underwrote their flotation? Doubtless many at the time said you couldn't make much money from adverts on a web page.
yes the underwriters, thanks for correcting me, im an enthusiastic learner. the market makers make what ever happens i take it?
best regards
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will it go below on opening day. now that would be something. if it cant even hold its own on day 1. its allready obvious they have been greedy and priced far to high, leaving nothing in it for the private invester. the market makers wanted all the profit for themselves, looksto have backfired though.
Facebook
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it really is all over the place trying to find its level. it might even rise a bit today