<< <i>Because of his greed, Zuckerberg renounced his United States citizenship 3 days before the IPO and became a Swiss citizen in order to keep a few more pieces of silver. Billions are not enough...
I hope he goes broke and is plagued with boils. >>
Even If he did do that (which he did not) why would that surprise you or anyone else? Many large corporations that were birthed right here with American blood, sweat and tears have been making decisions for decades without taking any allegiance with our country into account when it concerns the bottom line. Why would you expect anything different from any individual person who has watched such behavior for his entire existence?
<< <i>When the stock trades at assisted at 40, it's safe to say the real value is below that. We'll see what the market says. >>
It was overvalued big time , the big shareholders dumped a lot more shares than they first said they would and made a killing. Facebook is outdated , its geared for laptop/home computers and makes it revenue from advertising.The problem being everybody is moving to mobile devices and the ads on facebook dont show up on mobile devices , this is why big name advertisers are pulling out.If Zuberberg can pull a rabbit out the hat twice then all is well , the betting is he can't.
<< <i>Belonging to Facebook ( I do not) allows for connectedness to people in your past and current life.....
Its a window into the life of others and a platform for you to express and inform whats happening you in your life.
It also allows for an exchange of ideas instantly among masses of people.
I think FB will eventually charge a membership fee.....and get it.
Afterall, there is a certain amount of vanity in each of us...... >>
Facebook isnt the only game in town , Myspace , MyLife and a hundred others are capable of doing the same , facebook has daft wee games which people already pay towards in some cases , certainly the ability to pay for games is there.The day facebook asks for membership fees is the day it shoots itself in the foot,MSN tried it in the early days and we witnessed the demise of MSN Groups to much frustration to those who were willing to pay.Facebook is already on the way out , has been for a while , go to a news article anywhere online , click the share button , you may be surprised to see how many social networking sites there are.
<<< Facebook isnt the only game in town , Myspace , MyLife and a hundred others are capable of doing the same >>>
There are also many, many different online auction websites, yet Ebay somehow seems to flourish each and every year. Lot's of places you can go for a cup of coffee, yet Starbucks can't open new stores fast enough.
<<< Facebook is already on the way out , has been for a while >>>
Their year over year growth rate as well as analysts projections on their future growth rate certainly tells a different story.
<< <i><<< Facebook isnt the only game in town , Myspace , MyLife and a hundred others are capable of doing the same >>>
There are also many, many different online auction websites, yet Ebay somehow seems to flourish each and every year. Lot's of places you can go for a cup of coffee, yet Starbucks can't open new stores fast enough.
<<< Facebook is already on the way out , has been for a while >>>
Their year over year growth rate as well as analysts projections on their future growth rate certainly tells a different story. >>
You've missed the point , facebook isnt geared up to progress , they are not advertising capable on mobile devices which is the prefered device of the future and present.Unless FB can completely revamp themselves it's sinking.Why would a now suddenly rich young management team worry about revamping a product thats infamous for flameouts crashes and burns..ie..social network sites , one man controls the show , what if he makes one mistake ?Advertisers are skeptical at best , the biggest one jumped ship and you know others will follow.I admire your confidence and wish you well with your investments, me...i know a dead duck when i see one,more so in the IT world.
<< <i>Closed up a whopping 18 cents over the IPO price, and only the underwriters kept it from dropping below......hope they all sold early. It may well be in the low 30's next week. >>
You guessed it. Plummeting, which is what it would have done Friday if NASDAQ "glitches" hadn't prevented selling and Morgan Stanley didn't buy in each time it went back to $38. There are going to be repercussions about this. Wall Street Journal reported that NASDAQ might have to indemnify against some losses thanks to technical problems with cancel orders on Friday.
Quis custodiet ipsos custodes?
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
FB is down 12% today. It was way over priced and the little guy will loose his a$$ on this one. Its true value is between 4-7 dollars a share at most. Keep an eye on it. WATCH IT DROP
I don't always agree with Warren Buffett but in this particular case he was absolutley correct when he said I won't invest in this co because I have no way of valuing it. Just because it opens at $38 doesn't mean that is its true valuation...
Seems like the valuation of FB is far more logical than the valuation of rare coins. After all, FB does have substantial earnings. All rare coins have is, well, us.
Andy Lustig
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
<< <i>I might buy some. What is their product again? Lance. >>
It is an information center for thiefs, when they want a house to rob that they know no one will be home they just browse the site until they find the right user. Makes it much easier then peeking through windows or looking for houses with no lights on.
<< <i>Yah hear that is mulling an offer from _ _ _ _ to come over to play in their ballpark. What a joke this all is, How often have you heard about that happening in such record time. Isn't anyone loyal anymore to anything. So _ _ _ _ sees _ _ _ _ screwing up and tried to woo , meanwhile I wonder what ____ did to woo _ _ _ in the first place......hmmmm. >>
I heard on the news that the Price - Earnings ratio on Face Book stock was something like 65 to 1. I didn't graduate from an Ivy League school so I never tried to get one of those high paying jobs on Wall Street, BUT does anyone with half a brain think that P-E ratio like that looks like anything but a dumb investment?
The banks tried to support the stock on its first day to keep its market prices from falling below the IPO price, but then on they let dip. The thing that fries me is that the people who run the pension funds were dumb enough to get taken in buy this fiction.
It looks like you don't fill up your cattle any more with water before you sell them. The lemmings are there to buy even when the herd has red flags flying plainly above it.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
<< <i>I thought it was valued at 100 to 1, but what the investors will eventually find out is that this stock will be a million to 1 longshot to ever come it. It is truly amzing how sheople can all follow one by one like a herd at the end of the day. >>
Like I said earlier it really isn't any different from gambling. When "investing" is not based on the underlying business then you are really just playing Poker.
<< <i>I thought it was valued at 100 to 1, but what the investors will eventually find out is that this stock will be a million to 1 longshot to ever come it. It is truly amzing how sheople can all follow one by one like a herd at the end of the day. >>
Like I said earlier it really isn't any different from gambling. When "investing" is not based on the underlying business then you are really just playing Poker.
jom >>
Some “investments” are gambles; others are stupidity. Paying a price with a P/E ratio of 65 to 1 is like going to Los Vegas and betting your life savings on one pull of a slot machine. Your chances of coming out ahead are somewhere between darn slim and none. I don’t know what these “professional money managers” were thinking about when they bought this stock at that price. They acted like a bunch of herd animals, and their clients (which includes those of us who get money from pension funds, took the hit. The small investor was well served when they were excluded from the IPO. The stupid ones have purchased this stock on the open market after the IPO.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
<< <i>Sorry but this thread has no place here IMO >>
A lot of people use the money they make from the stock markets and other investments to buy coins. With all the hype this IPO got in the press it would be well for some people take stock of what they are doing. (pun intended)
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
<< <i>Sorry but this thread has no place here IMO >>
A lot of people use the money they make from the stock markets and other investments to buy coins. With all the hype this IPO got in the press it would be well for some people take stock of what they are doing. (pun intended) >>
so with that in mind we can discuss anything that has value and could be sold to buy coins
<< <i>Sorry but this thread has no place here IMO >>
A lot of people use the money they make from the stock markets and other investments to buy coins. With all the hype this IPO got in the press it would be well for some people take stock of what they are doing. (pun intended) >>
so with that in mind we can discuss anything that has value and could be sold to buy coins >>
Hey, that's how I used to justify posting pictures of my kids.
Sean Reynolds
Incomplete planchets wanted, especially Lincoln Cents & type coins.
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
I would post a coin with Einstein's face on it but won't be able to until the mint starts producing these.
It is only a slight exaggeration to say that mankind constitutes even now a planetary community of production and consumption. I have now reached the point where I may indicate briefly what to me constitutes the essence of the crisis in our time. It concerns the relationship of the individual to society. The individual has become more conscious than ever of his dependence upon society. But he does not experience this dependence as a positive asset, as an organic tie, as a protective force, but rather as a threat to his natural rights, or even to his economic existence. Moreover, his position in society is such that the egotistical drives of his make-up are constantly being accentuated, while his social drives, which are by nature weaker, progressively deteriorate. All human beings, whatever their position in society, are suffering from this process of deterioration. Unknowingly prisoners of their own egotism, they feel insecure, lonely, and deprived of the naive, simple and unsophisticated enjoyment of life. Man can find meaning in life, short and perilous as it is, only through devoting himself to society. The economic anarchy of capitalist society as it exists today is, in my opinion, the real source of evil. (Albert Einstein, 1949)
Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein
<< <i>Seems like the valuation of FB is far more logical than the valuation of rare coins. After all, FB does have substantial earnings. All rare coins have is, well, us. >>
True... Yet oddly none of our coins have devalued 24% in the last 13 days.
To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
It really is trashy hype, and what it has contributed to society has been more bad than good. Particularly a society that has so many oblivious parents. At a middle school by me some girl shared a nekkid pic of herself with a boy, who of course forwarded it to an untold number of people. Now he & the girl are facing child porn charges... And this is just one story of many.
I wouldn't touch that stock with a 39.5 foot pole.
BTW, nice thread resurrection!
Great transactions with oih82w8, JasonGaming, Moose1913.
<< <i>I am not buying, i am still in the hole for the 5000 shares of AMR i bought at 2 bucks. Company had 4 plus billion in cash and files bankruptcy.I hope it falls on its face......book.
My wife made me a page on facebook, never been there but i have request for friends in my email everyday. I did not like most of them 30 years ago when i was in school and have no desire to....... >>
Being lazy turned out to be a good. By not selling my AMR at 60 cents I jumped the gun and got almost 12 a share. I refuse to see how bad I hurt myself. I was just to joyous at the moment. No need to get greedy. I have bought stock 2 times in 30 years. I bought western company of north America ( eddie chiles) and AMR. Both did okay. I may even try again one of these days.
Mark NGC registry V-Nickel proof #6!!!! working on proof shield nickels # 8 with a bullet!!!!
<< <i>I am not buying, i am still in the hole for the 5000 shares of AMR i bought at 2 bucks. Company had 4 plus billion in cash and files bankruptcy.I hope it falls on its face......book.
My wife made me a page on facebook, never been there but i have request for friends in my email everyday. I did not like most of them 30 years ago when i was in school and have no desire to....... >>
Being lazy turned out to be a good. By not selling my AMR at 60 cents I jumped the gun and got almost 12 a share. I refuse to see how bad I hurt myself. I was just to joyous at the moment. No need to get greedy. I have bought stock 2 times in 30 years. I bought western company of north America ( eddie chiles) and AMR. Both did okay. I may even try again one of these days. >>
2 times in 30 years
I manage money. I earn money. I save money . I give away money. I collect money. I don’t love money . I do love the Lord God.
Comments
8 Reales Madness Collection
<< <i>Because of his greed, Zuckerberg renounced his United States citizenship 3 days before the IPO and became a Swiss citizen in order to keep
a few more pieces of silver. Billions are not enough...
I hope he goes broke and is plagued with boils. >>
Even If he did do that (which he did not) why would that surprise you or anyone else? Many large corporations that were birthed right here with American blood, sweat and tears have been making decisions for decades without taking any allegiance with our country into account when it concerns the bottom line. Why would you expect anything different from any individual person who has watched such behavior for his entire existence?
<< <i>When the stock trades at assisted at 40, it's safe to say the real value is below that. We'll see what the market says. >>
It was overvalued big time , the big shareholders dumped a lot more shares than they first said they would and made a killing. Facebook is outdated , its geared for laptop/home computers and makes it revenue from advertising.The problem being everybody is moving to mobile devices and the ads on facebook dont show up on mobile devices , this is why big name advertisers are pulling out.If Zuberberg can pull a rabbit out the hat twice then all is well , the betting is he can't.
Belonging to Facebook ( I do not) allows for connectedness to people in your past and current life.....
Its a window into the life of others and a platform for you to express and inform whats happening you in your life.
It also allows for an exchange of ideas instantly among masses of people.
I think FB will eventually charge a membership fee.....and get it.
Afterall, there is a certain amount of vanity in each of us......
I give away money. I collect money.
I don’t love money . I do love the Lord God.
<< <i>Belonging to Facebook ( I do not) allows for connectedness to people in your past and current life.....
Its a window into the life of others and a platform for you to express and inform whats happening you in your life.
It also allows for an exchange of ideas instantly among masses of people.
I think FB will eventually charge a membership fee.....and get it.
Afterall, there is a certain amount of vanity in each of us...... >>
Facebook isnt the only game in town , Myspace , MyLife and a hundred others are capable of doing the same , facebook has daft wee games which people already pay towards in some cases , certainly the ability to pay for games is there.The day facebook asks for membership fees is the day it shoots itself in the foot,MSN tried it in the early days and we witnessed the demise of MSN Groups to much frustration to those who were willing to pay.Facebook is already on the way out , has been for a while , go to a news article anywhere online , click the share button , you may be surprised to see how many social networking sites there are.
There are also many, many different online auction websites, yet Ebay somehow seems to flourish each and every year. Lot's of places you can go for a cup of coffee, yet Starbucks can't open new stores fast enough.
<<< Facebook is already on the way out , has been for a while >>>
Their year over year growth rate as well as analysts projections on their future growth rate certainly tells a different story.
<< <i><<< Facebook isnt the only game in town , Myspace , MyLife and a hundred others are capable of doing the same >>>
There are also many, many different online auction websites, yet Ebay somehow seems to flourish each and every year. Lot's of places you can go for a cup of coffee, yet Starbucks can't open new stores fast enough.
<<< Facebook is already on the way out , has been for a while >>>
Their year over year growth rate as well as analysts projections on their future growth rate certainly tells a different story. >>
You've missed the point , facebook isnt geared up to progress , they are not advertising capable on mobile devices which is the prefered device of the future and present.Unless FB can completely revamp themselves it's sinking.Why would a now suddenly rich young management team worry about revamping a product thats infamous for flameouts crashes and burns..ie..social network sites , one man controls the show , what if he makes one mistake ?Advertisers are skeptical at best , the biggest one jumped ship and you know others will follow.I admire your confidence and wish you well with your investments, me...i know a dead duck when i see one,more so in the IT world.
<< <i>Closed up a whopping 18 cents over the IPO price, and only the underwriters kept it from dropping below......hope they all sold early. It may well be in the low 30's next week. >>
You guessed it. Plummeting, which is what it would have done Friday if NASDAQ "glitches" hadn't prevented selling and Morgan Stanley didn't buy in each time it went back to $38. There are going to be repercussions about this. Wall Street Journal reported that NASDAQ might have to indemnify against some losses thanks to technical problems with cancel orders on Friday.
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
<< <i>
I'll take Joe's nickel instead of "online" gambling any day.
jom
<< <i>I think that the big boys are going to short Facebook big time.JMHO >>
I dont ever know anything.
World Collection
British Collection
German States Collection
Seems like the valuation of FB is far more logical than the valuation of rare coins. After all, FB does have substantial earnings. All rare coins have is, well, us.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
<< <i>
<< <i>I think that the big boys are going to short Facebook big time.JMHO >>
I dont ever know anything.
Yup! That's what they said
<< <i>For my clients that is >>
Are they still clients?
.....................................................
<< <i>
<< <i>What is this Facebook? >>
You'll see ads for it plastered all over the rock you're under.
edit to say...btw....
that rocked
Go BIG or GO HOME. ©Bill
<< <i>I might buy some. What is their product again?
Lance. >>
It is an information center for thiefs, when they want a house to rob that they know no one will be home they just browse the site until they find the right user. Makes it much easier then peeking through windows or looking for houses with no lights on.
<< <i>
<< <i>For my clients that is >>
Are they still clients?
Perhaps they are now "plaintiffs"
60 years into this hobby and I'm still working on my Lincoln set!
Box of 20
<< <i>Yah hear that
Sounds like the coin business to me
Oh, so close, tell him what he won Chuck!
I am sure the lawsuits filed in the last 2 days will cost millions to tax payers.
I give away money. I collect money.
I don’t love money . I do love the Lord God.
<< <i>Hey nobody commented on my 15 star 1798 bust dollar!.
It's held it's value and collectibility, despite the volatility of the price of metals.
<< <i>
<< <i>Hey nobody commented on my 15 star 1798 bust dollar!.
It's held it's value and collectibility, despite the volatility of the price of metals. >>
I agree....has nothing to do with the price of metals, thank you.
I give away money. I collect money.
I don’t love money . I do love the Lord God.
The banks tried to support the stock on its first day to keep its market prices from falling below the IPO price, but then on they let dip. The thing that fries me is that the people who run the pension funds were dumb enough to get taken in buy this fiction.
It looks like you don't fill up your cattle any more with water before you sell them. The lemmings are there to buy even when the herd has red flags flying plainly above it.
<< <i>I thought it was valued at 100 to 1, but what the investors will eventually find out is that this stock will be a million to 1 longshot to ever come it. It is truly amzing how sheople can all follow one by one like a herd at the end of the day. >>
Like I said earlier it really isn't any different from gambling. When "investing" is not based on the underlying business then you are really just playing Poker.
jom
<< <i>
<< <i>I thought it was valued at 100 to 1, but what the investors will eventually find out is that this stock will be a million to 1 longshot to ever come it. It is truly amzing how sheople can all follow one by one like a herd at the end of the day. >>
Like I said earlier it really isn't any different from gambling. When "investing" is not based on the underlying business then you are really just playing Poker.
jom >>
Some “investments” are gambles; others are stupidity. Paying a price with a P/E ratio of 65 to 1 is like going to Los Vegas and betting your life savings on one pull of a slot machine. Your chances of coming out ahead are somewhere between darn slim and none. I don’t know what these “professional money managers” were thinking about when they bought this stock at that price. They acted like a bunch of herd animals, and their clients (which includes those of us who get money from pension funds, took the hit. The small investor was well served when they were excluded from the IPO. The stupid ones have purchased this stock on the open market after the IPO.
<< <i>Sorry but this thread has no place here IMO >>
A lot of people use the money they make from the stock markets and other investments to buy coins. With all the hype this IPO got in the press it would be well for some people take stock of what they are doing. (pun intended)
<< <i>
<< <i>Sorry but this thread has no place here IMO >>
A lot of people use the money they make from the stock markets and other investments to buy coins. With all the hype this IPO got in the press it would be well for some people take stock of what they are doing. (pun intended) >>
so with that in mind we can discuss anything that has value and could be sold to buy coins
<< <i>
<< <i>
<< <i>Sorry but this thread has no place here IMO >>
A lot of people use the money they make from the stock markets and other investments to buy coins. With all the hype this IPO got in the press it would be well for some people take stock of what they are doing. (pun intended) >>
so with that in mind we can discuss anything that has value and could be sold to buy coins
Hey, that's how I used to justify posting pictures of my kids.
Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
It is only a slight exaggeration to say that mankind constitutes even now a planetary community of production and consumption. I have now reached the point where I may indicate briefly what to me constitutes the essence of the crisis in our time. It concerns the relationship of the individual to society. The individual has become more conscious than ever of his dependence upon society. But he does not experience this dependence as a positive asset, as an organic tie, as a protective force, but rather as a threat to his natural rights, or even to his economic existence. Moreover, his position in society is such that the egotistical drives of his make-up are constantly being accentuated, while his social drives, which are by nature weaker, progressively deteriorate. All human beings, whatever their position in society, are suffering from this process of deterioration. Unknowingly prisoners of their own egotism, they feel insecure, lonely, and deprived of the naive, simple and unsophisticated enjoyment of life. Man can find meaning in life, short and perilous as it is, only through devoting himself to society. The economic anarchy of capitalist society as it exists today is, in my opinion, the real source of evil. (Albert Einstein, 1949)
Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein
Checking my inventory....
Unfortunately,I don't have an image of one of these in stock at the present time.
More of a side shot of an image like this one is what I have in mind for the Einstein coin
Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein
<< <i>Seems like the valuation of FB is far more logical than the valuation of rare coins. After all, FB does have substantial earnings. All rare coins have is, well, us. >>
True... Yet oddly none of our coins have devalued 24% in the last 13 days.
<< <i>
<< <i>Sorry but this thread has no place here IMO >>
A lot of people use the money they make from the stock markets and other investments to buy coins. >>
Hey, check out my new car. This thread is not OT because I used the car to transport my "box of 20" to the bank.
Here's a picture of my sunburn from the last vacation in Mexico. This is not OT because it's the size of a Morgan Dollar.
Did you see that Klitschko vs Chisora fight? To make this coin related, here's a random coin picture from my collection.
8 Reales Madness Collection
<< <i>
<< <i>
<< <i>For my clients that is >>
Are they still clients?
Perhaps they are now "plaintiffs"
Why yes they are still clients
A nice colonial
I give away money. I collect money.
I don’t love money . I do love the Lord God.
some girl shared a nekkid pic of herself with a boy, who of course forwarded it to an untold number of people. Now he & the girl are facing child porn charges... And this is just one
story of many.
I wouldn't touch that stock with a 39.5 foot pole.
BTW, nice thread resurrection!
Great transactions with oih82w8, JasonGaming, Moose1913.
<< <i>I am not buying, i am still in the hole for the 5000 shares of AMR i bought at 2 bucks. Company had 4 plus billion in cash and files bankruptcy.
My wife made me a page on facebook, never been there but i have request for friends in my email everyday. I did not like most of them 30 years ago when i was in school and have no desire to....... >>
Being lazy turned out to be a good. By not selling my AMR at 60 cents I jumped the gun and got almost 12 a share. I refuse to see how bad I hurt myself. I was just to joyous at the moment. No need to get greedy. I have bought stock 2 times in 30 years. I bought western company of north America ( eddie chiles) and AMR. Both did okay. I may even try again one of these days.
NGC registry V-Nickel proof #6!!!!
working on proof shield nickels # 8 with a bullet!!!!
RIP "BEAR"
<< <i>
<< <i>I am not buying, i am still in the hole for the 5000 shares of AMR i bought at 2 bucks. Company had 4 plus billion in cash and files bankruptcy.
My wife made me a page on facebook, never been there but i have request for friends in my email everyday. I did not like most of them 30 years ago when i was in school and have no desire to....... >>
Being lazy turned out to be a good. By not selling my AMR at 60 cents I jumped the gun and got almost 12 a share. I refuse to see how bad I hurt myself. I was just to joyous at the moment. No need to get greedy. I have bought stock 2 times in 30 years. I bought western company of north America ( eddie chiles) and AMR. Both did okay. I may even try again one of these days.
2 times in 30 years
I give away money. I collect money.
I don’t love money . I do love the Lord God.
<< <i>
<< <i>
<< <i>
<< <i>For my clients that is >>
Are they still clients?
Perhaps they are now "plaintiffs"
Why yes they are still clients
A nice colonial >>
71% return in two years time...not so bad!
<< <i>Post a coin with a nice face: >>