FaceBook - head of another DotCom crash?

[Chrisw666]

If the share price dropped below $10 and those who were in rushed to get out causing the price to crash further what would happen to facebook?

I appreciate this a dumb question but I have very little understanding of how stock trading works.

[Mermaid]

coyft said:

August 16th could be interesting, first time some employees are allowed to sell their shares.

& I heard because of the tax structure (not sure how it works), many will sell rather than retain.

[Oakey]

Could Facebook buy back nearly all the shares they sold if the price hits rock bottom? Would that put them back in the same position as pre-IPO?

[Chrisw666]

coyft said:

The price would drop until the market decided it was at a price worth buying.

Even if that price was $0.01 a share?

[Mermaid]

Oakey said:

Could Facebook buy back nearly all the shares they sold if the price hits rock bottom? Would that put them back in the same position as pre-IPO?

Much better - many shareholders sold/liquidated at the high.

[DonkeyApple]

coyft said:

August 16th could be interesting, first time some employees are allowed to sell their shares.

They'll be needing a fireman or nurse's pension fund to soak up the liquidity.

Double fees and comms for the bank that can supply the sucker fund.

[DonkeyApple]

Oakey said:

Could Facebook buy back nearly all the shares they sold if the price hits rock bottom? Would that put them back in the same position as pre-IPO?

No, because they would have to publish and then they'd learn there were more sellers than they had cash and trade at zero within a fortnight.

Even if they didn't have to publish the market would know who the buyer was and take them out.

[munky]

coyft said:

Plotloss said:

coyft said:

Perhaps they'll reinvent the mobile. As I said time will tell.

Zuckerberg has said today, no phone.

That doesn't mean they won't reinvent the mobile phone.

I think maybe there's something in the works, and so maybe that something is why they haven't been focussing on rebuilding their existing mobile app properly. However that something in the works, I seem to recall involved not building their own phone (which would be a huge investment in something they have no experience of) but partnering with someone that already makes phones and/or mobile OS. Building FB into the very fabric of a mobile OS would be a lot more powerful than a simple app. However it may backfire and piss users off (like various software on PCs that try to install Chrome unless you untick a box, or the abysmal BT/Yahoo venture), or it may attract the attention of the anti-competition authorities, like internet explorer in Windows.

[Oakey]

Facebook is pretty much integrated into Windows Phone.

[speedy_thrills]

Oakey said:

Facebook is pretty much integrated into Windows Phone.

That’s a good point, what could FaceBook offer that other major manufactures couldn’t? FaceBook integration onto phone (FacePhone?) seems to be pretty well covered by manufactures already.

So are we full circle yet back to "I like FaceBook but it's difficult to see how they can make money from it"?

[JonnyFive]

munky said:

I think maybe there's something in the works, and so maybe that something is why they haven't been focussing on rebuilding their existing mobile app properly. However that something in the works, I seem to recall involved not building their own phone (which would be a huge investment in something they have no experience of) but partnering with someone that already makes phones and/or mobile OS. Building FB into the very fabric of a mobile OS would be a lot more powerful than a simple app. However it may backfire and piss users off (like various software on PCs that try to install Chrome unless you untick a box, or the abysmal BT/Yahoo venture), or it may attract the attention of the anti-competition authorities, like internet explorer in Windows.

I've already noticed on the new Mac OS they've started integrating Facebook into it.

[fuzzyyo]

Facebook has >83 million fake accounts.

http://www.bbc.co.uk/news/technology-19093078

[Chrisw666]

fuzzyyo said:

Facebook has >83 million fake accounts.

http://www.bbc.co.uk/news/technology-19093078

From that article

Last week, digital distribution firm Limited Press alleged that, based on its own analytics software, 80% of clicks on its advertisements within Facebook had come from fake users.

In a post on its Facebook page, the company said: "Bots were loading pages and driving up our advertising costs. So we tried contacting Facebook about this. Unfortunately, they wouldn't reply.

"Do we know who the bots belong too [sic]? No. Are we accusing Facebook of using bots to drive up advertising revenue. No. Is it strange? Yes."

[Mermaid]

Chrisw666 said:

From that article

Last week, digital distribution firm Limited Press alleged that, based on its own analytics software, 80% of clicks on its advertisements within Facebook had come from fake users.

In a post on its Facebook page, the company said: "Bots were loading pages and driving up our advertising costs. So we tried contacting Facebook about this. Unfortunately, they wouldn't reply.

"Do we know who the bots belong too [sic]? No. Are we accusing Facebook of using bots to drive up advertising revenue. No. Is it strange? Yes."

Federal investigation soon?

[Oakey]

19.86 -1.01ý (-4.86%ý)
Aug 2 2:21pm ET

[hornetrider]

We all want it to fail, don't we? those of us who didn't invest, I should say. Am I wrong?

They are making timeline compulsory for all next week. That pisses me off enough to make it want to fail.

[CommanderJameson]

hornetrider said:

We all want it to fail, don't we? those of us who didn't invest, I should say. Am I wrong?

They are making timeline compulsory for all next week. That pisses me off enough to make it want to fail.

Timeline is fine for folks like me and thee, but apparently (and Becca will likely back me up on this) it destroys FB for people with extra accessibility requirements.

But hey, as long as Lord Zuckerbeast is happy, who gives a toss about the spackers, eh?

[Murph7355]

hornetrider said:

...Am I wrong?...

Nope.

Some people need to learn to spot a crock and we all need to learn (again) that vapourware is just that no matter how many mongs sign up to it.

Zuckerberg's done OK though. I wonder if he'll be pilloried per certain other sectors

[Oakey]

coyft said:

I'll have a bit more stock if it stays in the teens tomorrow.

You don't want to wait and see if it hits single digits?

[Murph7355]

coyft said:

I'll have a bit more stock if it stays in the teens tomorrow.

I wouldn't touch it with the sttiest of stty sticks.