Goldman deal values Facebook at $50bn

Long, short, Bitcoin, forex - Plenty of alternate market disuccsion.
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jimrobo
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Euler wrote:Apple's market cap went through $600bn recently.

I do worry that we are in another tech bubble and there will be no escape if this one busts! I guess you can't stop people from buying things at vastly inflated levels though, can you?

Apple only breached $500 in Feb and they are over $600. It's amazing to think in 2003 they were $7
PLenty of analysts have recently predicted them to be the first trillion dollar net worth company. scary stuff!!! Although they do make great gadgets!!!
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Euler
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I've got hold of the investor roadshow presentation: -

http://facebook.retailroadshow.com/launch.html
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superfrank
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Facebook boosts number of shares on offer by 25%
http://www.bbc.co.uk/news/business-18086426
Iron
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The Facebook Offering: How It Compares - http://www.nytimes.com/interactive/2012 ... pares.html
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Euler
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Euler
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Nice general peice about the 'bubble'

http://www.wired.com/epicenter/2012/05/ ... is-wallet/
andyfuller
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Poor day for the shares today, currently down 12% on the day!
DogBolter
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The obscenity of having a company with no real earnings valued at more than Rolls Royce with a 60bn order book says it all. Max Keiser junked the stock on 12th May on RT, my only hope is that the masters of the universe who earn millions investing mine and your future pensions didn't take up this once in a lifetime IPO from those helpful wall street banksters!
enzabella2009
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Investors are about to start class actions against the company and the investment banks that handled the IPO, for alleged omissions of information to investors.
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andyfuller
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Euler wrote:Game designer Zynga plans $9bn stock market flotation

http://www.bbc.co.uk/news/technology-16004381

Social Network bubble or what! :lol:
Shares down a further 40% today, at $3.05 from a high earlier this year of $15.91, helping to drag Facebook down a further 6% on the day

Zynga now has a market cap of $2.25bn

:lol:
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Euler
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Facebook has reported a $157m (£100m) loss on payments to shareholders such as chief executive Mark Zuckerberg in its first results since its eagerly anticipated stock market listing in May.

Second quarter costs and expenses nearly quadrupled, up 295% to $1.93bn from the same period last year.

Excluding staff share schemes, Facebook would have made a profit of $295m.

http://www.bbc.co.uk/news/business-19004005
andyfuller
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Facebook down 15% today! Hit $22.28 earlier down from a high since flotation of $45, so a 50% fall from its highs :o
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Euler
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You have to seriously question the wisdom of these so called experts when you see stories like this: -

Swiss lender, UBS lost 349m Swiss francs ($356m) by investing in Facebook shares, more than halving its profits.

http://www.bbc.co.uk/news/business-19059303
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superfrank
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Euler wrote:You have to seriously question the wisdom of these so called experts when you see stories like this: -

Swiss lender, UBS lost 349m Swiss francs ($356m) by investing in Facebook shares, more than halving its profits.

http://www.bbc.co.uk/news/business-19059303
despite the armies of analysts etc. i suspect their long-term fundamental investing analysis is no better than the average Joe who does his homework.

these big banks make all their money from short-term trading (on inside info and getting the news first and free money from governments).
andyfuller
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Sub $20 now!
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