Disgruntled Investors file a lawsuit against Facebook and Banks

[Climber]

If you invest in FB you deserve to lost money IMO

And FWIW, I dont believe that buying shares is investing, they should invest in their own jobs.

Its a ****ing casino.

[twinblade]

[Kit]

All this Facebook and JP Morgan drama is making me tear my hair out. When you invest in the stock market, you are taking a RISK. When RISK is involved, FAILURE is possible. Since we don't like in a perfect world, FAILURE sometimes happens. We don't need lawyers to protect us from failure. It's absurd.

[Climber]

All this Facebook and JP Morgan drama is making me tear my hair out. When you invest in the stock market, you are taking a RISK. When RISK is involved, FAILURE is possible. Since we don't like in a perfect world, FAILURE sometimes happens. We don't need lawyers to protect us from failure. It's absurd.

yes, and its a ****ing bet.

[tea drinker]

All this Facebook and JP Morgan drama is making me tear my hair out. When you invest in the stock market, you are taking a RISK. When RISK is involved, FAILURE is possible. Since we don't like in a perfect world, FAILURE sometimes happens. We don't need lawyers to protect us from failure. It's absurd.

AGree about risk, not about illegal markey manipulation.

[OrangeWolf]

I don't even see adverts on Facebook

[Violet Fashion by Mindy]

Pro-tip never ever buy stock at the initial offering...................wait a few weeks.

[Hexer]

Pro-tip never ever buy stock at the initial offering...................wait a few weeks.

Not necessarily, if your bank offered you the shares as one of the first customers, which will only be the case if you got a lot of money going with them, then you could have made a LOT of money from facebook.

Something around a 13% rise in the beginning? Cash that profit and you're done.

Didn't the equity firm Bono had his money in , make something along the lines of 1,5 billion? I wonder wehther they sold before the value dropped.

[danielc]

Human greed and suckers with money go hand-in-hand.

[DaveDash]

Would I pay $1 billion for Facebook?

Absolutely!

Would I pay $100 billion for Facebook?

No....

Facebook has a value.....public markets exist for a number of reasons......to put a tangible value on things, as well as a means of raising capital and investing capital.

Facebook float at $50 billion would have been a smashing success......

They(underwriters/Facebook/inside shareholders) simply pushed too hard and went too far.

Facebook has a value.....a very real tangible value....

I've got a small business that uses Facebook.......we've got a pretty substantial following on Facebook.

It has certainly helped my business.......in fact I'd say it has been one of our better investments in time/effort/money.

Could Facebook become another Yahoo? Absolutely.....but I would say you'd have to be a complete moron to NOT leverage the much deeper, broader, richer voluntary customer data being added each day which is owned into perpetuity by Facebook.

The ability for Facebook to leverage it's growing mass personalized intelligence it's almost boundless.

Take direct mail marketing.....rubbish that goes in your post box...my understanding is that a HUGE strike rate is considered 2%...that's phenominal success.

There's no reason why Facebook cannot achieve 3,4,6,8% or better with their broader deeper knowledge of it's customers.

Your TV and your radio and your magazines and your newspapers know little to nothing about you individually......Facebook, Google, Amazon, and Apple know everything about you....or considerable "slices" of you.

Facebook's potential is both scary and awesome.........

Facebook is really iffy when it comes to B2B advertising. B2C though it's great - although a lot more people are using mobiles and tablets and thus no advertising (yet).

Its real value comes from its database.

[Macs.]

The ability for Facebook to leverage it's growing mass personalized intelligence it's almost boundless.

Take direct mail marketing.....rubbish that goes in your post box...my understanding is that a HUGE strike rate is considered 2%...that's phenominal success.

There's no reason why Facebook cannot achieve 3,4,6,8% or better with their broader deeper knowledge of it's customers.

Your TV and your radio and your magazines and your newspapers know little to nothing about you individually......Facebook, Google, Amazon, and Apple know everything about you....or considerable "slices" of you.

Facebook's potential is both scary and awesome.........

Facebooks value comes down to one thing and that is its users. As you said, their data are the backbone of their worth. And you don't have to tell anyone who looked into the dynamics of todays internet business that users come and go faster than you can say "MySpace".

Even 1 billion users today doesn't mean that there are 200 million active users in 5 years.

And that is the only thing this company has. No outstanding products, no extrem innovative ideas, no real assets.

Why didn't Facebook go the way of monetizing their system/site before going public ?

Why didn't they just earn money the "normal" way of simply revving up ad revenue with more aggresive tactics ? (Or with a tactic for the mobile market at all <- Another laughable fact about a company that doesn't generate revenue out of half of it's users simply because they have no system of putting ads up)

Maybe because they know that as soon as they start to milk the cow aka user they will have a backlash which means loss of users and therefor loss of company worth ? Maybe because they know it's better to get the money now and build up some fat until reality sets in ?

[CPL Trevoga]

Let's create an MP.net group on facebook and friend each other? FB is cool, perpahs it's worth looking at in 6 months when dust settles.

[Winger]

Whomever didn't realize that this crap was overvalued should go eat a gun. This company is way past exceeding critical mass and peaking. It does have a certain value, that being the attention of it's subscribers which is akin to a gnat.