bandiejay: [size=18pt]They can diversify by buying Nairaland buying facebook shares HELL NO [/size]

leomaxx: THE WHOLE WORLD CAN BE FOOLISH SOMETIMES, ITS THE FOOLISHNESS OF THE WORLD THAT CAUSED THE GREAT DEPRESSION, ITS THE SAME REASON THAT WE DO NOT HAVE UP 1 MILLION BILLIONAIRES IN A PLANET OF 7 BILLION PEOPLE. FACEBOOK PUBLIC OFFER IS ONE OF THOSE FOOLISH DECISIONS A NIGERIAN CAN MAKE IN BUYING INTO. THOSE ADS ON THAT SITE WONT GENERATE ENOUGH INCOME FOR THE SHARE HOLDERS.

TheShopKeeper: Yes nigerian resident can buy if they have a honest broker.
However enough care must be taken in buying the shares of Facebook.
Only the top dogs like Bono (the Live Aid singer), who invested in the early days will be getting huge returns from their investment.
My advice to anyone planning to invest is to wait until the euphoria has finished, possibly next quarter.

afam4eva:
So, facebook is is human being? DUNCE. So, because yahoo failed, facebeook must fail too. Chei, see logic.

ekt_bear: Marketing pays a lot of money.

You can make billions of dollars a year serving advertisements. This is the core business of both Google and Facebook, and it is highly profitable.

Just as legitimate as making money from selling potatoes, cars, fish, etc.

LeoMax: It dont matter where you live, get a partner in US to set up Fidelity or Charles Schwab for you using their ssn and dl and get online and you can trade using US ip and you can withdraw your earnings.

auwal87: All I can tell you guys is LinkedIn gain over 100% in its first IPO day, from $45 to around $100. Imagine how many millions people made in just a single day, since thousands were able to buy at the opening rate of $45. Now Facebook is earning much more than LinkedIn, and is worth much more than LinkedIn, so if you compare it to LinkedIn alone, you will at least predict Facebook shares to raise to at least nothing less than $200 per share in the first week. This week has been a very hard week for the NASDAQ and the moment they bounce back, you will see FB shooting up like crazy. If you bought your FB shares today and you are wondering why it closed with a gain of just 23 cents, don't worry and wait for the opening next week, you will be surprised!
PS: I am not a stock expert, nor a wall street trader, just an opinion.

courage89:

They have other means of monetizing besides selling database. Currently, they make money from add, content text, and from gamers. They have room to grow to generate revenue. The question still remains, can they unlock those other potential? How are they going to fend off competition, RenRen and others?

They can diversify by buying other technology company. They can buy operating system companies, and build organically to compete head on with MS, Google, Apple. They can buy manufacturing company, and integrate the company with Facebook competitive advantage. They can venture into cloud computing and integrate the company with their core competency. My point is; they have options, they have the people and the money. What else do you need.

neksummi:

How did you do that, can you share with us?

Onlytruth: I am not deep into stocks, but I make it my business to acquire deep knowledge and understanding about ALL things!
Like someone already side here, the limits of Facebook's growth is directly proportional to its ability to innovate.
I already see about 4 SOLID ways Facebook can generate improved revenue, and those ideas are by no means "breakthrough" ideas.
When you are sitting on 901 million users, and new billions of CASH raised through the IPO, you've be a complete dunce not find a way to innovate, buy up more talents and competition, and move ahead.
Facebook is a threat to all other big web operators -amazon, google, priceline, ebay, linkedin, yahoo, microsoft. . . you name it. They can take their business in any direction and still corner a huge chunk of the market.

violent:


Have you heard of a website called MySpace? I'm sure you must!

You do understand that as at 2008, it was the most visited website in the world right? and you understand that as at December 2011, it was ranked 138th in terms of web traffic?

why do you suppose this is not capable of repeating itself with facebook? In order words, why do you suppose there aren't remote possibilities of a new social networking site springing up to overtake facebook in the next ten years?

comparing facebook to google is just silly. Google owns Youtube...owns Android...owns Chrome browser...owns GMAIL....owns the Chromebook...and ultimately owns Google.

what chance does facebook have?

dripstoil:

Myspace failed because they fail to inovate, they fail to buy, to make changes.

Facebook is constantly innovating, buying other tech start ups, and making changes.

Companies They've bough in the last couple of months

1. Istagram

2. Acquires Karma (a month a go for mobile traffic monetization)

3. Acquired Glancee (another mobile company)

4. Bought Lightbox

5. Currently developing Search Engine and negotiating other deals.

If you're a developer and you've been privilaged to work on Facebook's developer's plantform, you'll understand that mentioning fb alongside Yahoo and Myspace is a near taboo.

6. Facebook currently acqured former Sun Corp headquater at Palo Alto for the purpose of expansion.

You need to see facebook beyond timeline and status update social network, they've grown far beyond that.

Facebook is a Tech company to recon with both on and off the internet.

Buying Facebook's share is by no means a negative investment.

Contrary to your ealier claim, Facebook has 806 patents

courage89: Facebook shares sink 11 percent as reality overtakes hype
By Chuck Mikolajczak and John McCrank

(Reuters) - Facebook shares sank 11 percent in the first day of trading without the full support of the company's underwriters, leaving some investors down almost 25 percent from where they were Friday and driving others to switch back to more established stocks.

Facebook's debut was beset by problems, so much so that Nasdaq said on Monday it was changing its IPO procedures. That may comfort companies considering a listing, but does it little for Facebook, whose lead underwriter, Morgan Stanley, had to step in and defend the $38 offering price on the open market.

Even so, one source said Morgan Stanley's own brokers were at one point "ranting and raving" about glitches that left unclear what trades had actually been executed.

Without a fresh round of defense, Facebook shares ended down $4.20, at $34.03, on the Nasdaq. That was a decline of almost 25 percent from Friday's intra-day high of $45 a share.

"At the moment it's not living up to the hype," said Frank Lesh, a futures analyst and broker at FuturePath Trading LLC in Chicago, adding that some people may have decided to hang back and buy the stock on the decline.

"Look at the valuation on it. It might have said 'buy' to a few people, but boy it was awfully rich," he said.

The drop in Facebook's share price wiped more than $11 billion off of the company's market capitalization -- it became a sufficiently interesting pop culture story that even gossip website TMZ did a brief item Monday morning.

Volume was again massive on Monday, with nearly 168 million shares trading hands, making it by far the most active stock on the U.S. market. Nearly 581 million shares were traded on Friday.

The drop was so steep that circuit breakers kicked in a few minutes after the open to restrict short sales of the stock, according to a notice from Nasdaq.

EMOTIONAL TRADING

"One of the things that we are seeing in Facebook is a lot of emotional trading, in that over the weekend much of the media coverage was negative, and that could be weighing on investors' decisions to get out of the stock," said JJ Kinahan, TD Ameritrade's chief derivatives strategist.

Shares of other one-time Internet darlings fell in lock step with Facebook before rebounding on their own merits, with Yelp and Groupon rising. Zynga and LinkedIn fell, though.

The news was not all bad, though, as the Nasdaq rose 2.46 percent. High-profile tech stocks rose sharply, with Apple up 5.8 percent and Amazon 2 percent higher.

FuturePath's Lesh said some investors took money out of Apple to buy Facebook, and now could be going right back in to Apple given the lackluster performance of Facebook thus far.

By mid-afternoon on Monday, though, there were indications that investors might be coming back in to Facebook. The stock was well off the lows of the morning, and some market players saw an entry point forming.

"We see 38 percent of the ideas on Facebook are short and 62 percent have a more long bias," said Tim Murphy, general manager for the Americas at TIM Group, which transmits and tracks equity trade ideas from 750 brokerage firms for institutional investors globally. "Brokers are saying to their clients there is a good opportunity here."

NASDAQ CHANGES

Still there was a long list of questions -- ranging from whether the underwriters priced the shares too high to how well prepared the Nasdaq was to handle the biggest Internet IPO ever -- and few easy answers.

"It was just a poorly done deal and it just so happens to be the biggest deal ever for Nasdaq and they pooched it; that's the bottom line here," said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey.

Nasdaq said Monday morning the changes it was making would prevent a repeat of what happened Friday, when glitches prevented some traders from knowing for hours whether their trades had been completed.

The exchange also said it would implement procedures to accommodate orders that were not properly executed last week, which could ultimately lead to compensation for some investors.

"It doesn't instill confidence for clients. Talk about trying to convince them it isn't a casino," one Midwestern financial adviser told Reuters on Monday.

Separately, a source said Morgan Stanley's brokerage arm still had a "large number" of share orders from Friday that were not confirmed, which it was working to resolve.

A Facebook spokeswoman declined to comment on the share price issue.

Some financial advisers, who might have been furious last week at getting left out, were counting themselves lucky by Monday that they did not get their clients involved.

"By pure luck I failed to talk it up with a lot of clients because I didn't think I would be able to get much," said one Raymond James adviser, who sought, and received, only 500 shares for one client.

"I basically told people they weren't going to get any, and luckily, it proved to be a bust," the adviser said.

(Additional reporting by Jennifer Saba, David Gaffen, Edward Krudy, Ashley Lau and Rodrigo Campos in New York, Doris Frankel in Chicago and Jennifer Merritt in Orlando, Florida; Writing by Ben Berkowitz in Boston; Editing by Edward Tobin, Maureen Bavdek and Steve Orlofsky)

violent:


Buying new companies does not always mean sound investment or opportunities for growth! In the last 5 years, Yahoo made over 30 different acquisitions alone. That still does not place it anywhere outside of the death spiral in which it has fallen. If your business is exposed to strong competition and your moat isn't wide enough within an industry that is highly competitive, then you can easily be the next MySpace!

Instagram only started in 2010 and it's had over 40 million subscribers....that's to show you how susceptible social networking sites are. Facebook isn't going to grown forever..and at some point, people will want something else!...This is just another Tulip Bulb, and your argument that facebook is "constantly innovating" makes it all the more a fitting Tulip story!...who's not constantly innovating?

Facebook is not yet tested, doesn't even have a clue on how to make money with mobile platforms.....why pay a premium on such a company? Even wall street is being cautious about this "wonder drug"...it's shares is falling almost 10 percent just a day after it;s IPO!

dripstoil:

For now, it seems the center can not hold - maybe we'll come back in the next 2-3years to argue this?

iykak47: Who are those shouting few days ago that Facebook shares is the best, they should defend themselves.
I really fancy the headline from Reuters about Facebook shares/ipo 'REALITY OVERTAKES HYPE'.

blink182: Is it everything that must be argued? If you do not want to buy then get out

iykak47: wetin de do this mumu. your fada left nyashi.