Here is another interesting article about the Facebook IPO. It says that the company plans to make more shares available to regular old people, like you and me. So who is in for our LA 245 share?
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9 Comments
James T. Curtis posted on May 4, 2012 at 5:20 pm
I am so in for our share! I definitely think it would be a wonderful end to the semester to buy a “class” share! And if Facebook turns out to be a great investment, we can say we all bought a share! Count me in!
Sophie Park posted on May 6, 2012 at 3:49 am
As much as regular people can buy this share, it may end up being a useless present, much like the Tiffany’s share that your mother got. The Facebook shares won’t be worth much unless a large quantity is acquired. Anyone who can afford should definitely invest, though!
Jeffrey Malat posted on May 6, 2012 at 9:37 pm
I have always been a little skeptical in buying shares of a company that does not have a product to sell. Facebook is valued at almost 100 billion dollars, yet it does not offer any material product to its users. Also, with the advancements of technology and the increase internet use, there is always a possibility that Facebook is just a fad and becomes unpopular just as easy as it became popular.
Stephanie Nowak posted on May 6, 2012 at 9:44 pm
I have to agree with Jeff. Its complicated to project and have faith in any prediction of the growth. Is there no limit to Facebook? Is this just a fad that will level out? I was home last weekend and asked my dad what he thought about buying a share in facebook. He was apparently asked to buy shares and looked into it but wasn’t convinced. He doesn’t think that it will be worth it in the long run. I have to stand behind him with that statement. He has a few more years on me as far as the investment department is concerned.
Nick Li posted on May 7, 2012 at 9:43 pm
@everyone except James:
She said in class that we weren’t trying to make money or anything. It’s just a fun little observation experiment to see what would happen/how much the share will fluctuate in value.
Julia Poon posted on May 8, 2012 at 2:36 pm
I’m in too! Although Facebook doesn’t offer any material product to its users, I think that they will be able to continue to thrive through creative and innovative uses.
Minh Dang posted on May 21, 2012 at 9:13 pm
That sounds like a fun and great idea so I’m in too! Like Nick said, it’s not like we are trying to make some money or anything out of the class share. I’m curious just to observe the fluctuation in price. Not like the Facebook shares will lose all of its value anytime soon, right?
rspooner posted on May 23, 2012 at 11:25 pm
Looks like it is a good idea that we didn’t buy Facebook stock after all …
http://money.cnn.com/2012/05/23/technology/facebook-lawsuit/index.htm?hpt=hp_t3
game macbook posted on October 5, 2021 at 1:02 pm
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