Facebook IPO

[joe.pistell]

Blake,

Ck out this freak show of a post I made for Dale Pollack back in 2008. Manheim’s Used Vehicle Index | Velocity | DalePollak.com

People read that and look at me like I'm from mars (which usually means I'm on to something

 

[yagoparamo]

They lost money when they were expected to make money...



Groupon Announces Fourth Quarter 2011 Results (NASDAQ:GRPN)

 

[Alex Snyder]

People read that and look at me like I'm from mars (which usually means I'm on to something

Makes all the sense in the world. A Used Car is a Stock; an investment risk.

 

[joe.pistell]

4 years later, a Sidebar update to the Manheim Index vs SP500 correlation

 

[joe.pistell]

Great understanding of the markets Blake, 2 thumbs up!

The market is forward looking (buy the rumor, sell the news)
The market is an auction

In any auction, you try to find "undiscovered future value" and buy it. FB is like gold lately. Everyone either has it or is asking about it. Where is your advantage? It's an auction... I see no advantage.


p.s. I just sold my gold and silver ETF's yesterday

p.p.s. ck out XOMA ($1.36). Biotech, Dollar cost averaging. I'll be adding if >$1.50 and again if >$2 with a $4.40 target (on my tweet yesterday)

Blake,
XOMA is at $2.75 today. That's 100% in 45 days!
Your TSLA is rockin', up 25% in 45 days!

WTG!

 

[john.quinn]

Anybody jumping in the "Sue Facebook" pool?

I don't think I've ever actually said, "I told ya so..." And I'm not going to start now... but it was an interesting question that started this string.

 

[joe.pistell]

Rainbows, unicorns and fairy dust rain down on Wall Street, LOVE IT!

Remember, You heard it on DR 1st!

"Short FaceBook"*
http://forum.dealerrefresh.com/f40/personal-facebook-usage-1579.html#post12948
http://forum.dealerrefresh.com/f39/google-you-yet-1906-4.html#post16794

*Short FaceBook means you think it's going lower, you'd SELL FaceBook 1st, then, BUY it back later. You make a sale without any inventory (aka "Sell Short")

 

[nevarlawae]

One of my new favorite bookmarks - Checking how the FB stock is doing. I'm secretly rooting for it fail. I know I can't be the only one ..

 

[ddavis]

I bought Ford when it was a buck. It's still a good buy at $10.50. I expect a correction between now and the elections. Huge uncertainty about capital gains taxes. I will be out of the market completely before then. Under the new tax laws in 2013, depending on your tax bracket, we are looking at 39.6% tax rate plus brokerage fees. What's the point?

 

[DealerMarketing]

How will Facebook grow revenue from this point on?