UPS worth less than.....

Discussion in 'UPS Discussions' started by Jackburton, May 21, 2012.

  1. Jackburton

    Jackburton Gone Fish'n

    Facebook? Even after it dropping more then 10% below the IPO? What do they actually do to contribute to society as a whole besides humanities narcissism? Don't worry, we're not the only ones worth less according to the valuation of stock.
    Facebook Is Worth More Than These Companies? - Seeking Alpha
     
  2. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    No one has any idea if Facebook can actually make money. That's why most people are advising to do nothing for a long while. The only two people I heard say buy was only after it falls below $25.
     
  3. Jackburton

    Jackburton Gone Fish'n

    The problem is it wouldn't have the worth it has now if people didn't buy it at the IPO. Suckers looking for a quick buck and never saw the pop now are regretting it, greed and hype is all it is. What happened to buying into a company with good financials and a product you believe in?
     
  4. Sleeve_meet_Heart

    Sleeve_meet_Heart making the unreadable unreadabler

    The more people talk about Facebook the more it perpetuates itself. I've never heard of it. ;)
     
  5. brown_trousers

    brown_trousers Active Member

    Welcome to America! Where the businesses that shouldn't actually have a logical purpose are the ones that succeed the most.

    But seriously, I completely agree with you. All the money and resources wasted on needless/irrelevant business is confounding.
     
  6. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    It may be ironic that the reason a lot of people are on facebook (no advertising) may be the downfall of their decision to go public.
     
  7. cachsux

    cachsux Wah

    Bought it and sold it in one day.
     
  8. klein

    klein Für Meno :)

    How they came up with opening up that stock at 100 times the value, beats me.
    Eventually, these shares will be trading under $10 per share, and rather sooner than later.

    In 85 days nthe new millioniares and billionaires at facebook (on paper), will also be entitled to cash out their shares, and will probably want to buy a home, new car, etc with their new riches.
    PLus, a lot of people are short selling this stock, added altogther, stop losses will kick in, and further bring the price down.
     
  9. moreluck

    moreluck golden ticket member

    What do they actually do to contribute to society ???

    That's the same question asked to the Kardashians, Kendra, Jill Zarin, Jesus Barbie Alexis Bellino..........
     
  10. splozi

    splozi Guest

    Expecting/requiring every entity, person, etc to contribute something to society can lead down a dangerous path.
     
  11. dilligaf

    dilligaf IN VINO VERITAS

    ​How did you make any money on it? It closed for only cents more than opening.
     
  12. TearsInRain

    TearsInRain part-time bossman

    Facebook has access to 1/5 of the world's population

    the revenue to be gained from data mining is gigantic
     
  13. cachsux

    cachsux Wah

    Opened at 38. Sold at 45.
     
  14. barnyard

    barnyard KTM rider Staff Member

    This.

    A friend of mine is a consultant that specializes in helping companies' optimize their FB presence and effectively mining FB data for sales. He is on the road constantly, but is also paid very, very well.
     
  15. moreluck

    moreluck golden ticket member

    What did the buy cost you?
    What did the sell cost you?
    What are your tax implications 'cause you made profit?
     
  16. klein

    klein Für Meno :)

    It'll be down another 5-6% today.
    He was 1 out of 96 million to sell it for $45.00, he did pretty well !
    Also only one of a few thousand to get it at $38.
     
  17. moreluck

    moreluck golden ticket member

    Apple went up $30 yesterday!!
     
  18. klein

    klein Für Meno :)

    If this keeps on going, facebook will be worth less than UPS by the end of the week (Fridays fb market cap at opening was $104 Billion, today already trading over 7% lower with a current market cap at 12:41 mdst at $87 Billion. (UPS has around $72 Billion market cap).
     
  19. Jackburton

    Jackburton Gone Fish'n

    Because all those who didn't see the "pop" on FB stock went back to APPL.
     
  20. Jackburton

    Jackburton Gone Fish'n

    I have to admit I don't generally like most of your posts but you actually know what you're talking about in this thread.