Poll Position: Is Facebook stock worth the asking price?
Facebook goes public today, listing shares on Nasdaq at $38 apiece; if you want to buy, trading of stock listed as “FB” commences at 11 a.m.
So, do you? Do you want to buy Facebook stock at that price?
On one hand, there is precedent for highly anticipated tech listings that soared and have not (to date) flamed out. Google of course comes to mind: The search-engine company went public in August 2004 at $85, more than doubled in price by year’s end, and has been trading lately in the $600s — more than seven times its IPO price.
Of course, Google has a way to make money, and lots of it. Facebook? Well, the numbers would indicate it’s at least as good a moneymaker as Google was circa 2004. But there was ominous news this week, when GM said it was pulling its paid advertisements on Facebook because it didn’t think they were effective.
At $38 a share, for a market cap of $100 billion-plus, would you buy Facebook stock?
- No (43 Votes)
- Yes (15 Votes)
- I'll leave this to the pros (12 Votes)
Total Voters: 70
Loading ...And $38/share would put Facebook’s market capitalization at more than $100 billion — far bigger than some well-established brands in the tech industry and U.S. business at large. In fact, it probably would make Facebook one of America’s 25 largest publicly traded companies.
Now, I’m no investing pro: I don’t even buy individual stocks, for reasons of a) journalistic ethics and b) the belief I’m not going to outsmart the professionals. So, don’t make any decisions based on this little overview.
Do, however, tell us: Do you think Facebook is worth that kind of money? Would you invest in it at the asking price? That’s this week’s Poll Position. Answer in the nearby poll and the comments thread below.
– By Kyle Wingfield
Find me on Facebook (ha! ironic, I know) or follow me on Twitter
Tell us what you think about the site
Customer Care »
Vacation stops, manage subscriptions and more
AJC Services
Sections
Other Editions
Visitor Agreement | Privacy Statement
© 2013 The Atlanta Journal-Constitution
124 comments Add your comment
The GOP Can't Handle The Truth About Mitt The Mormon
May 18th, 2012
5:57 pm
@Lil’ Barry Bailout (Revised Downward)
May 18th, 2012
5:34 pm
President Romney didn’t get to pick his grandparents.
Obozo deliberately chose Rev. Wright and chose to be friends with domestic terrorists who literally wipe their feet on our flag.
******************************************************************
Romney chose to wear Mormon underwear.
The garment is directly related to Mormon temples. It is there that faithful members first receive the garment after individual instruction on what it stands for and how it should be cared for. The garment is worn as part of a special ceremony called the temple endowment.
The garment is worn at all times (day and night) by members as a constant reminder of the promises they have made to God in the Temple to be honest and faithful to the commandments of the Lord.
heeheeheeheeheeheeheeheeheeheehee
The GOP Can't Handle The Truth About Mitt The Mormon
May 18th, 2012
6:02 pm
@Lil’ Barry Bailout (Revised Downward)
May 18th, 2012
5:34 pm
President Romney didn’t get to pick his grandparents.
Obozo deliberately chose Rev. Wright and chose to be friends with domestic terrorists who literally wipe their feet on our flag.
*********************************************
Minister Critical of Romney and ‘Mormon Cult’
Christian minister Bill Keller of LivePrayer.com, who has frequently spoken out on the so-called dangers of voting for presumptive GOP presidential nominee Mitt Romney in this year’s general election due to his Mormon faith.
ROMNEY IS A MEMBER OF A CULT.
heeheeheeheeheeheeheeheeehee
Bruno
May 18th, 2012
6:03 pm
For Brother Hillbilly Deluxe– “I Am Constant” by the CLimax Blues Band:
http://www.youtube.com/watch?v=5f1LPzfHT7o
The GOP Can't Handle The Truth About Mitt The Mormon
May 18th, 2012
6:12 pm
*************************************************************
YO “PRESIDENT” MITT THE MORMON
“We might not agree with all of the beliefs of any candidate.
However, we must pay attention to the implications of one
enacting their beliefs.”
YOU MIGHT HAVE TO WEAR MORMON UNDERWEAR.
heeheeheeheeheeheeheeheeheeheeheee
The GOP Can't Handle The Truth About Mitt The Mormon
May 18th, 2012
6:13 pm
@Lil’ Barry Bailout (Revised Downward)
May 18th, 2012
5:34 pm
President Romney didn’t get to pick his grandparents.
Obozo deliberately chose Rev. Wright and chose to be friends with domestic terrorists who literally wipe their feet on our flag.
*************************************************************
YO “PRESIDENT” MITT THE MORMON
“We might not agree with all of the beliefs of any candidate.
However, we must pay attention to the implications of one
enacting their beliefs.”
YOU MIGHT HAVE TO WEAR MORMON UNDERWEAR.
heeheeheeheeheeheeheeheeheeheeheee
The GOP Can't Handle The Truth About Mitt The Mormon
May 18th, 2012
6:24 pm
@Lil’ Barry Bailout (Revised Downward)
May 18th, 2012
5:34 pm
President Romney didn’t get to pick his grandparents.
Obozo deliberately chose Rev. Wright and chose to be friends with domestic terrorists who literally wipe their feet on our flag.
**************************************************
What MITT THE Mormon Believes:
HE believes in the gift of tongues, prophecy, revelation, visions, healing, interpretation of tongues, and so forth.
GIFT OF TONGUES??????
HE believes that a man must be called of God, by prophecy, and by the laying on of hands by those who are in authority, to preach the Gospel and administer in the ordinances thereof.
LAYING ON HANDS???????
WHOSE TONGUE AND WHOSE HANDS???????
The GOP Can't Handle The Truth About Mitt The Mormon
May 18th, 2012
6:26 pm
@Lil’ Barry Bailout (Revised Downward)
May 18th, 2012
5:34 pm
President Romney didn’t get to pick his grandparents.
Obozo deliberately chose Rev. Wright and chose to be friends with domestic terrorists who literally wipe their feet on our flag.
************************************************************
People who live in GLASS HOUSES SHOULD NOT THROW STONES.
YOU MIGHT HAVE TO WEAR MORMON UNDERWEAR.
Dusty
May 18th, 2012
7:35 pm
Well, wouldn’t ya know? The hehe monster is loose again. Did you open your cell lock with a bar of soap?
Your fixation on Romney must represent true devotion. Nice that you will vote for him. I am too. And every time you post about him, I am more convinced he’s the man for the White House. Thanks for all your help. You’re a gentleman and a follower.
The GOP Can't Handle The Truth About Mitt The Mormon
May 18th, 2012
9:34 pm
@Dusty
May 18th, 2012
7:35 pm
Well, wouldn’t ya know? The hehe monster is loose again. Did you open your cell lock with a bar of soap?
Your fixation on Romney must represent true devotion. Nice that you will vote for him. I am too. And every time you post about him, I am more convinced he’s the man for the White House. Thanks for all your help. You’re a gentleman and a follower.
***************************************************
OKAY RUSTY DUSTY
Your fixation on OBAMA must represent true devotion. Nice that you will VOTE for him. I am too. And every time you post about OBAMA, I am more convinced he WILL STAY IN the White House. Thanks for all your help. You’re a GENTLEMAN and a follower.
heeheeheeheeheeheeheeheeheeheehee
The GOP Can't Handle The Truth About Mitt The Mormon
May 18th, 2012
9:36 pm
@@Dusty
May 18th, 2012
7:35 pm
Well, wouldn’t ya know? The hehe monster is loose again. Did you open your cell lock with a bar of soap?
Your fixation on Romney must represent true devotion. Nice that you will vote for him. I am too. And every time you post about him, I am more convinced he’s the man for the White House. Thanks for all your help. You’re a gentleman and a follower.
*****************************************************************
DO YOU WEAR MORMON UNDERWEAR?
The GOP Can't Handle The Truth About Mitt The Mormon
May 18th, 2012
9:39 pm
@Dusty
May 18th, 2012
7:35 pm
Well, wouldn’t ya know? The hehe monster is loose again. Did you open your cell lock with a bar of soap?
Your fixation on Romney must represent true devotion. Nice that you will vote for him. I am too. And every time you post about him, I am more convinced he’s the man for the White House. Thanks for all your help. You’re a gentleman and a follower
******************************************
Do you speak in TONGUES like MITT WITT?
What do you say when you speak in tongues?
Yabba-Dabba Do?
The GOP Can't Handle The Truth About Mitt The Mormon
May 18th, 2012
9:54 pm
@@Dusty
May 18th, 2012
7:35 pm
Well, wouldn’t ya know? The hehe monster is loose again. Did you open your cell lock with a bar of soap?
Your fixation on Romney must represent true devotion. Nice that you will vote for him. I am too. And every time you post about him, I am more convinced he’s the man for the White House. Thanks for all your help. You’re a gentleman and a follower
****************************************************************
“IF” MlTT were president IS HE GOING TO PERFORM “the laying on of hands like
his Prophet Joseph Smith? ”
PROPHET JOSEPH SMITH and HIS WIVES.
Emma Hale
Fanny Alger
Lucinda Morgan Harris
Louisa Beaman
Zina Huntington Jacobs
Presendia Huntington Buell
Agnes Coolbrith
Sylvia Sessions Lyon
Mary Rollins Lightner
Patty Bartlett Sessions
Marinda Johnson Hyde
Elizabeth Davis Durfee
Sarah Kingsley Cleveland
Delcena Johnson
Eliza R. Snow
Sarah Ann Whitney
Martha McBride Knight
Ruth Vose Sayers
Flora Ann Woodworth
Emily Dow Partridge
Eliza Maria Partridge
Almera Johnson
Lucy Walker
Sarah Lawrence
Maria Lawrence
Helen Mar Kimball
Hanna Ells
Elvira Cowles Holmes
Rhoda Richards
Desdemona Fullmer
Olive Frost
Melissa Lott
Nancy Winchester
Fanny Young
DATE OF MARRIAGE TO EACH WIFE
Jan 1827
1833
1838
Apr 1841
Oct 1841
Dec 1841
Jan 1842
Feb 1842
Feb 1842
Mar 1842
Apr 1842
Jun 1842
Jun 1842
Jul 1842
Jun 1842
Jul 1842
Aug 1842
Feb 1843
Spring 1843
Mar 1843
Mar 1843
Apr 1843
May 1843
May 1843
May 1843
May 1843
Mid 1843
Jun 1843
Jun 1843
Jul 1843
Mid 1843
Sep 1843
1843
Nov 1843
AGE OF EACH WIFE
22
16
37
26
20
31
33
23
23
47
27
50
53
37
38
17
37
33
16
19
22
30
17
17
19
14
29
29
58
32
27
19
14
56
How many children did he have?
mmmmmmmmmmmmmmmmmm
BIBLIOGRAPHY
The GOP Can't Handle The Truth About Mitt The Mormon
May 18th, 2012
9:58 pm
@Dusty
May 18th, 2012
7:35 pm
Well, wouldn’t ya know? The hehe monster is loose again. Did you open your cell lock with a bar of soap?
Your fixation on Romney must represent true devotion. Nice that you will vote for him. I am too. And every time you post about him, I am more convinced he’s the man for the White House. Thanks for all your help. You’re a gentleman and a follower.
**********************************************************
We have had to listen to ALL OF YOU FIXATED ON OBAMA.
Whats good for the goose is good for the gander.
I wonder what MITTS’ MORMON UNDERWEAR LOOKS LIKE?
mmmmmmmmmmmm
Are they as STIFF AS HE IS?
The GOP Can't Handle The Truth About Mitt The Mormon
May 18th, 2012
10:05 pm
@Dusty
May 18th, 2012
7:35 pm
Well, wouldn’t ya know? The hehe monster is loose again. Did you open your cell lock with a bar of soap?
Your fixation on Romney must represent true devotion. Nice that you will vote for him. I am too. And every time you post about him, I am more convinced he’s the man for the White House. Thanks for all your help. You’re a gentleman and a follower.
*****************************************************************
IF Mitt becomes PRESIDENT (heaven forbid) will he PASS A LAW
that everyone has to WEAR MORMON UNDERWEAR?
IF Mitt becomes PRESIDENT (heaven forbid) will he PASS A LAW
that everyone can have MORE THAN ONE WIFE/HUSBAND?
mmmmmmmmmmmmmmmmmmmmm
The GOP Can't Handle The Truth About Mitt The Mormon
May 18th, 2012
10:07 pm
@Dusty
May 18th, 2012
7:35 pm
Well, wouldn’t ya know? The hehe monster is loose again. Did you open your cell lock with a bar of soap?
Your fixation on Romney must represent true devotion. Nice that you will vote for him. I am too. And every time you post about him, I am more convinced he’s the man for the White House. Thanks for all your help. You’re a gentleman and a follower.
****************************************************************
IF Mitt becomes PRESIDENT (heaven forbid)
and you have to SPEAK in TONGUES
DON’T BLAME US BLAME YOURSELF.
Tiberius - Banned from Bookman's and proud of it!
May 19th, 2012
1:37 am
Your religious bigotism is duly noted, Trashman.
Lil' Barry Bailout (Unexpectedly Revised Downward...Again)
May 19th, 2012
7:59 am
Poll Position: Is Facebook stock worth the asking price?
——————
Just barely.
And if their plan is to be advertiser-supported, they need to find a better class of advertiser. The crap I see being hawked is of zero interest to me.
The GOP Can't Handle The Truth About Mitt The Mormon
May 19th, 2012
3:02 pm
@Tiberius – Banned from Bookman’s and proud of it!
May 19th, 2012
1:37 am
Your religious bigotism is duly noted, Trashman.
***********************************************************************
YEAH like the religious BIGOTS AGAINST OBAMA BEING A MUSLIM.
THE DOOR SWINGS BOTH WAYS.
HEEHEHEEHEEHEE
IF YOU CAN DISH IT YOU CAN TAKE IT.
The GOP Can't Handle The Truth About Mitt The Mormon
May 19th, 2012
3:05 pm
@Tiberius – Banned from Bookman’s and proud of it!
May 19th, 2012
1:37 am
Your religious bigotism is duly noted, Trashman.
***********************************************************************
AND TO ALL OF THE CONS who say OBAMA is not a CHRISTIAN….
At least he does not WEAR MORMON UNDERWEAR.
At least he is MARRIED TO ONE woman and NOT SIX, SEVEN, ETC.
The GOP Can't Handle The Truth About Mitt The Mormon
May 19th, 2012
3:06 pm
@Tiberius – Banned from Bookman’s and proud of it!
May 19th, 2012
1:37 am
Your religious bigotism is duly noted, Trashman.
***********************************************************************
AND TO ALL OF THE CONS who say OBAMA is not a CHRISTIAN….
At least he does not SPEAK IN TONGUES like MITT THE MORMON.
The GOP Can't Handle The Truth About Mitt The Mormon
May 19th, 2012
3:11 pm
@Tiberius – Banned from Bookman’s and proud of it!
May 19th, 2012
1:37 am
Your religious bigotism is duly noted, Trashman.
***********************************************************************
AND TO ALL OF THE CONS who say OBAMA is not a CHRISTIAN….
At least he is not baptizing DEAD JEWS like the mormons.
Mormons Still Baptizing Dead Jews Despite Agreements to End Practice
The Church of Latter-day Saints MORMONS apologized Tuesday for posthumously baptizing Nazi-hunter Simon Wiesenthal’s parents amidst much Jewish vitriol. But despite more than two decades of negotiations and agreements between the two groups to prevent such baptisms of dead Jews, the practice persists.
MITT BELONGS TO A GROUP OF RELIGIOUS KOOKS.
AND THEY GOT THE NERVE TO TALK ABOUT REV. WRIGHT.
iggy
May 21st, 2012
8:33 am
For those wondering…FaceBook PreMarket
Bid $36.75 / Ask $36.77
LMAO!!!
iggy
May 21st, 2012
9:41 am
fb $35.00 broken…
fb trading $34.32.
OUCH!!!
iggy
May 21st, 2012
9:46 am
fb $33.50. OH MY!