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Facebook Goes Public: Are You Buying?

SodaHead News 2012/05/18 19:00:00
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It's official. Facebook stock is now available. Mark Zuckerberg has had his poker face on for months as the public discussed Facebook's value and tried to predict how much Mark Zuckerberg is worth. Rumors suggested the company was worth close to $100 billion. On Thursday, they announced that initial shares would be worth $38. According to the BBC, that puts the company at $104 billion. When the market opened on Friday, Facebook shares were up to $42.

However, the media seems to be more interested in Zuckerberg's value. With 503.6 million shares in the company, at $38 a share, he was worth about $19.14 billion. Of course, that number is going to fluctuate now that his company has gone public, but you can keep track of his worth in real-time with The Wall Street Journal's "wealth-o-meter." As of writing this, he was up to $20.16 billion based on $40.04 shares. By the time we finished that sentence, he lost about a quarter of a billion dollars. Are you gonna get in on that Zuckerstock wealth? Symbol: FB.

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  • Chris Tate 2012/06/05 18:15:06
    No
    Chris Tate
    Hell no i could tell you before that the prices were going to drop drastically Facebook is a dying site it will fall just like Myspace did and just like twitter will
  • daniel.townsend.984 2012/06/02 01:25:13
    No
    daniel.townsend.984
    idk how lol
  • Phoenix 2012/05/23 15:07:22
    No
    Phoenix
    The great Facebook IPO scam.
    http://www.guardian.co.uk/tec...
  • Christopher Kirchen 2012/05/23 13:04:48
    Yes
    Christopher Kirchen
    Facebook is one of the most prevalent social networks.stock in that should be very profitable.
  • Helene 2012/05/23 05:23:42
    No
    Helene
    Hell NO!
  • Jaiheena Star 2012/05/23 05:17:43
    No
    Jaiheena Star
    Can't afford it
  • sally 2012/05/23 04:16:36
    No
    sally
    Facebook is lame.
  • adeenmckenziekennedy 2012/05/23 01:23:01
    No
    adeenmckenziekennedy
    Nope I'm broke
  • HelmetGirl 2012/05/23 00:12:24
    No
    HelmetGirl
    But, I might change my mind when I get a job.
  • John T. 2012/05/23 00:10:04
    No
    John T.
    The stock was overpriced. It should be in the $18 to $20 range before investing.
  • tywon.smith 2012/05/22 23:56:28
    No
    tywon.smith
    I guess Im outta there!
  • Chaya2010 2012/05/22 21:13:25
    No
    Chaya2010
    Not at those inflated unrealistic prices.
  • LOU 2012/05/22 20:54:39
    No
    LOU
    They offer nothing tangible.
  • Happy 2012/05/22 19:47:50
    No
    Happy
    +1
    No overpriced and valued and you never know Facebook might be the next MySpace!
  • Groundskeeper Willy 2012/05/22 19:17:02
    No
    Groundskeeper Willy
    this PIG was oversold before it hit NASD. It will retain value but in terms of ROI, and dividends for the street investors It will likely go down into the $5.00 range before end of year.
  • Nomad58 2012/05/22 15:59:46 (edited)
    No
    Nomad58
    This stock may eventually crash when People start to realize what a security threat it presents. A better open-source free program will replace it with better privacy and less advertising.

    Also face it folk, really there is nothing of value in Facebook.
  • Lady-DeathBright 2012/05/22 15:50:13
    No
    Lady-DeathBright
    +1
    Right now would be the highest its going to get, it can only go lower. When facebook is no longer the "it" thing, it will be wirth nothing.
  • jacktown kid 2012/05/22 15:24:41
    No
    jacktown kid
    No thanks
  • smitty 2012/05/22 13:00:56
    No
    smitty
    Feel sorry for those that bought it for a quick turnaround. While Zucky became rich others that bought for that quick buck lost.
  • the fuze 2012/05/22 12:21:48
    No
    the fuze
    Waste of money. Even GM figured that out.
  • Uranos7 2012/05/22 11:36:36
    No
    Uranos7
    No but I heard China is; they bought AMC theatres and will soon be the major investors in facebook.
  • MissNovemberTuesday 2012/05/22 05:07:10
  • Nomad58 MissNov... 2012/05/22 16:05:30
    Nomad58
    The only reason I made a Facebook page was because it became a requirement for the MS Info Tech degree at FSU. Then my Daughter, Son, Parents, and Friend hooked into it and I was stuck. Recently, I told them all I was tighting security, so they to should stop sending where they are ~ Daughter ignored me (what's new).
  • MissNov... Nomad58 2012/05/29 00:38:26
    MissNovemberTuesday
    If she tags you and her location updates show on your timeline for your friends to see, you can go in and change the settings so that you have to approve things people tag you in before they show on your page. Mine is set that way. You can also limit the people who see your posts from apps and other websites that you make. I have mine set so Family will NOT see them, lol. I don't need them seeing all of my stuff. But you can choose to have your set so ONLY Family can see them. Just make sure to add all of your family members into that group. Hope that helps. I am very security conscious on my account.
  • Annelies 2012/05/22 04:50:21
    No
    Annelies
    I don't think it'll be worth it on long terms
  • W Voolzk 2012/05/22 04:45:06
    No
    W Voolzk
    You must be kidding.
  • giggity giggity 2012/05/22 03:14:24
    No
    giggity giggity
    +1
    I'm never bought any stocks before.
  • Ken 2012/05/22 02:58:07
    No
    Ken
    At least not until the bottom really drops out of it!
  • Jim 2012/05/22 01:04:00
    No
    Jim
    It is over priced.
  • Lisa 2012/05/22 00:25:26
    Yes
    Lisa
    +1
    Eventually not now though
  • iamnothere 2012/05/21 22:20:47
    No
    iamnothere
    it is an interesting business model.. I totally ignor anything that looks like an ad.. I dont like or unlike businesses do you?
  • ScottyG - Faqueue 2012/05/21 22:04:21
    No
    ScottyG - Faqueue
    Not if my life depended on it.
  • BigFig#9 2012/05/21 22:02:32
    No
    BigFig#9
    How's this business model ever going to generate the cash flow justifying the investment and capitalization?
  • Lerro DeHazel 2012/05/21 20:41:13
    No
    Lerro DeHazel
    I wouldn't mind owning a few shares in chatroom.
  • Tom Trojan 2012/05/21 20:21:08
    No
    Tom Trojan
    At the IPO price, the stock is selling at 100 times earnings.... there is a sucker born every day..
  • Earl Hickey 2012/05/21 20:02:39
    No
    Earl Hickey
    the company can easily go belly up, i'm not buying shares
  • micha77 2012/05/21 19:58:53
    No
    micha77
    Facebook stock is a sucker's investment. Don't go there.
  • ☥☽✪☾DAW ☽✪☾ 2012/05/21 19:46:42
  • Professor Wizard 2012/05/21 19:45:22
    No
    Professor Wizard
    No... Maybe I should have - - but I don't think it is worth the effort on the long haul. Short traders may like it though.
  • Herman 2012/05/21 18:36:57

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