Tech stocks, Global - Google Facebook etc.

[Dave_vic_ozz]

In Reply To: Dave_vic_ozz's post @ Feb 2 2012, 09:40 PM

Facebook-

Stories of nearly $1.5bn owed to IRS by Mark Zuckerberg might be an incentive to get a few shares sold.

He allegedly paid a graffiti artist, to paint the office, in company shares. Bloke is now amazingly rich.

[Dave_vic_ozz]

erudition - had to look it up - ironically or maybe that is the point of the word.

Facebook,

If you buy shares don't expect to make much in dividends. Mark has a winning position in voting rites.

It goes something like -

Shareholders must understand the goal of the company is a social mission and not money.

This is almost a triple bottom line where the Social Balance Sheet significantly outweighs the fiscal and environmental balance sheets.

This will raise a lot of Red Flags.

[nipper]

In Reply To: Dave_vic_ozz's post @ Feb 2 2012, 07:18 PM

"The Winklevosses Twins" (btw - Sp: Winklevoss)


loved it in The Social Network when the Mark Zuckerberg character referred to them as the "Winkle-vi"

Showed a level of erudition by Zuckerberg or screen writers.

[Dave_vic_ozz]

FACEBOOK - outcomes. -

I don't use it. BTW.

I have been reading up on this.

Why is it going on the market? - Looks like it has tipped several rules forcing the "on market" action. Needing capital is not one of them. It has nearly 500 private shareholders.

A lot of excitement, Google has gone gang busters. A lot of other tech stocks have too. (Is it another Tech Bubble?)
California may actually reduce its deficit on the tax generated by the float and they are budgeting for it.
Seems like you have to be a high roller to get first dibs on the shares.
Some stock going to insiders but there is a freeze on share trades and its off market trades.
"The Winklevosses Twins" may have forced the sale as they need to get their shares onto the open market.
Heaps of people addicted to the site.
It has content that is driven by the machine like games and other social media. Facebook is a conduit to the games.

Major overflow into the market pushing everything else up on the hype.

Stand by for action.

Discuss,

Dave