Facebook stock only for super rich people

Of course! One thing we should know by now, is that many of the wealthy try to maintain success as an EXCLUSIVE thing.

 

There's a HUGE demand and a small supply. Of course the people and institutions that can move the most money the quickest are going to get first shot at it. How the hell else do you think the market works? Do you want the government to intercede and force Facebook's underwriter to sell to people below a certain prescribed income? These guys are the market experts, just as in any other professional situations, they're going to do the best.

 

People need not have much faith in the economic system as it is. That's for certain.

 

So, what is your point. This is one method that the rich create jobs....they invest in businesses. In this case, they will invest in facebook and in order to increase their wealth, they will sell more space for advertising, which in turn creates jobs in that field. For the consumer, facebook going public will not be a good thing as it will turn it towards being more commercial and/or if will eventually be fee based.

To be honest, most of the super-rich will probably avoid facebook stock like the plaque. It will be the smaller fish in the wealth pond that will bite and will probably end up losing money in the process....which is another way the rich "invest" in the economy.

 

Google was able to tie itself into multiple facets of our life, from our cell-phone use, getting directions, researching, email and other services we highly value. Any new or existing company could try and break into any of these markets, but google has a sustainable competitive advantage in that it is already involved and integrated these markets. Google can tie in their large market and services into any new markets that they try to break into. That's my quick and dirty analysis of what has sustained google in the online markets.

And I agree, I don't see facebook having similar advantages to sustain them in their niche market when the next fad kicks in, nor do I see much growth potential unless they start trying to expand like google did.

 

Or Google could purchase a majority of facebook stock and integrate it.

 

LOL. It's already down almost 10% from its opening price...

 

You can touch it right now for $38.27. If you care to lose some money, you're invited to join the party...

 

I think it will be at $14 this time next year.

 

I thought I heard they tried to buy, but the offer was turned down. I could be wrong on this one though. That said, in this scenario there doesn't seem to be enough stock available for them to perform a takeover.

 

They are doing you a favor. I would not complain. There are plenty of injustices based on class in this country... this is not one of them.

 

If you want to buy over-priced shares in a company representing a multiple of 100+ over earnings and that relies largely on the fatuous interactions of fatuous people, go ahead.

 

The operative words! But when almost every occupant of the planet is already a member, where is the growth going to come from?

I think it's a sucker bet.

 

Facebook stock only for super rich people that want to lose money imo

the new "timeline" is terrible imo

 

Apparently they finished yesterday on a low. $38.33 according to reports.

 

Facebook is a long line of companies overvalued. The tech sector will crash soon. If you buy facebook at its current value, your a fool. Unless your just trying to make a quick dollar.