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IBDvalueinvestin (99.68)

Finally Facebook buyers on IPO day are BreakEven.

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August 28, 2013 – Comments (5) | RELATED TICKERS: FB , NFLX , AMZN

For all the articles (Like Cramer's The Street) that are saying Facebook IPO has been a success??

 

I say Wake Up.

 

Nothing successful about Zero Gains since Day 1 of trading. Even if FaceBook gets to the upgrade target of $50 it will still be just catching up to the general market which is ahead of FaceBook  by +15% since FB IPO day.

Currently the shares of FaceBook are trailing the market by roughly -15% since, so an investment in FB has actually put all IPO day buyers underwater by -15% based on potential gains in SPY shares. If only they had just bought SPY shares on that day instead they would be up +15% instead of FLAT - DEAD MONEY.

 

 

 

 

5 Comments – Post Your Own

#1) On August 29, 2013 at 12:53 AM, awallejr (83.92) wrote:

I am still on the fence here with FB.  If they can monetize then ok.  I am just not sure they can.  I know I love the "block ad" feature of firefox.  If everyone is doing that FB ad revenue is toast.

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#2) On August 29, 2013 at 3:33 PM, IBDvalueinvestin (99.68) wrote:

Facebook is defying logic this week? Everyone I know is shorting shares, yet the stock continues to climb higher? 

But when this stock does start falling its gonna create an earthquake on Wallstreet and take the rest of the market with it.

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#3) On August 29, 2013 at 3:35 PM, IBDvalueinvestin (99.68) wrote:

Another BS article pumping FB today, this time from Forbes

 

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#4) On August 29, 2013 at 5:24 PM, miteycasey (31.35) wrote:

The IPO was a huge success. I don't understand why people call it a failure. The company went public at the max price. That's what's suppose to happen.

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#5) On August 29, 2013 at 8:03 PM, awallejr (83.92) wrote:

Well according to that Forbes article even they are saying FB is overpriced, since they have a $30 target.

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