{"id":7756,"date":"2012-05-18T18:50:29","date_gmt":"2012-05-18T22:50:29","guid":{"rendered":"http:\/\/angry.net\/blog2\/?p=7756"},"modified":"2016-03-21T12:10:17","modified_gmt":"2016-03-21T16:10:17","slug":"facebook-goes-public","status":"publish","type":"post","link":"https:\/\/angry.net\/blog2\/?p=7756","title":{"rendered":"Facebook goes public…"},"content":{"rendered":"

And the world yawns. Good evening all, this is the Angry Systems Administrator. Normally The Angry Webmaster would be writing about a certain president being born in Kenya, at least until 2007, but today I hit him with a taser I\u2019ve been playing with and thought I would write about Facebook\u2019s new IPO.<\/p>\n

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Today at 11am Eastern Time, Facebook opened on the Nasdaq exchange at $38 a share. It closed today at $38.23 a share for a total gain of….23 cents. Now compare that with Google. The opened at around $80 a share, (give or take), and closed over $100 a share. Today they are around $600 a share. This is similar to a number of other big name internet companies, although a number of them have since gone *SPLAT*.<\/p>\n

Facebook apparently never broke $45\/share today either. After all the hype, the screams and yelling, I have no doubt a lot of people though Facebook would easily break $100\/share today. Now in the real world, Facebook appears to have actually valued themselves accurately. They said they were worth about $38\/share and that\u2019s what it went for.<\/p>\n

Now, how will Facebook perform in the future? I have no idea. I\u2019m not sure anyone does. I haven\u2019t been able to figure out how Facebook intends to monetize their site. They do run ads, but I block them. Google also runs ads, but they figured out early one how to make mass quantities of cash from Search.<\/p>\n

Now I have invested in a few Internet companies. I bought Amazon at $14\/share and sold it at $122\/share. The problem with that is I\u2019m kicking myself. I sold to soon. They hadn\u2019t announced the Kindle at that point and that little item is really making the piles of cash.<\/p>\n

These days I tend to go for stocks that provide a dividend. A lot of these companies don\u2019t do any sort of dividend. In fact Apple, which recently issued it\u2019s first dividend had to e dragged kicking and screaming to the table.<\/p>\n

I may buy some Facebook, but probably not for a few weeks or a month or two. I want to see how they are going to perform. I would rather not have to do a loss this year, even if it does help with the taxes. It is going to be interesting to see what happens next. I\u2019m sure the politicians are salivating over all that money want want to take it for themselves, but that\u2019s a commentary for another day by a slightly less balanced blogger. \ud83d\ude09<\/p>\n

\"\"<\/a><\/p>\n

Thank you and have a good day<\/p>\n

~The Angry Systems Administrator~<\/strong><\/em><\/p>\n\"1\"2\"3\"4\"5 (2<\/strong> votes, average: 1.00<\/strong> out of 5)
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Facebook IPO Leaves Winklevoss Twins Speechless (On Twitter …<\/h3>\n<\/div>\n
There’s been a whole lot of chatter about the Facebook IPO today. However, there’s not been much from the Winklevoss Twins, the Harvard duo that founded ConnectU, and made cinematic history in The Social Network with Armie Hammer’s …<\/div>\n
http:\/\/www.webpronews.com\/ \u2014 Fri, 18 May 2012 14:08:49 -0700<\/span><\/div>\n<\/div>\n
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The Facebook IPO: The Last Great Wall Street Party<\/a><\/h3>\n<\/div>\n
The Facebook IPO is kind of like a graduation party – everybody comes together for one huge blowout to celebrate the end of an era before going their separate.<\/div>\n
http:\/\/theeconomiccollapseblog.com\/<\/a> \u2014 Fri, 18 May 2012 13:57:16 -0700<\/span><\/div>\n<\/div>\n
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Facebook IPO Makes Billions For Company But Stock Price Doesn’t …<\/h3>\n<\/div>\n
Skeptics that thought Facebook’s IPO price of $38\/share was perhaps too high a jumping-off point were proven partially correct today, as stock in the world’s social network finished its first day of trading only about $.23 above the offering price.<\/div>\n
http:\/\/consumerist.com\/ \u2014 Fri, 18 May 2012 13:34:37 -0700<\/span><\/div>\n<\/div>\n
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6 Reasons Why Facebook’s IPO Fell Flat<\/a><\/h3>\n<\/div>\n
Why didn’t Facebook’s IPO set the world on fire? Here are six theories.<\/div>\n
http:\/\/mashable.com\/<\/a> \u2014 Fri, 18 May 2012 13:25:06 -0700<\/span><\/div>\n<\/div>\n
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Facebook IPO: Social Network’s Stock Up Slightly In Public Debut<\/h3>\n<\/div>\n
NEW YORK \u2014 It was barely a “like” and definitely not a “love” from Facebook investors as the online social network’s stock failed to live up to the hype in its trading debut Friday. One of the most highly anticipated IPOs in Wall Street history …<\/div>\n
http:\/\/www.huffingtonpost.com\/thenewswire\/ \u2014 Fri, 18 May 2012 13:23:44 -0700<\/span><\/div>\n<\/div>\n
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Facebook IPO doesn’t register on Richter scale<\/a><\/h3>\n<\/div>\n
As of mid-afternoon on Friday, in one of the most anticipated initial public offerings (IPOs) in history, shares of social networking giant Facebook were up by about 2.5 percent in their first day of trading.<\/div>\n
http:\/\/www.dmwmedia.com\/<\/a> \u2014 Fri, 18 May 2012 13:12:19 -0700<\/span><\/div>\n<\/div>\n
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Funny Tweets About Facebook IPO – Business Insider<\/a><\/h3>\n<\/div>\n
WHY FACEBOOK’S IPO POP FIZZLED: Nasdaq Wasn’t Telling Desks If They Got Their Stock \u00b7 WHY FACEBOOK’S IPO POP FIZZLED: … Here Are Today’s Funniest Tweets About Facebook’s IPO. 1\/15. We feel your pain The excitement is too …<\/div>\n
http:\/\/www.businessinsider.com\/<\/a> \u2014 Fri, 18 May 2012 12:30:07 -0700<\/span><\/div>\n<\/div>\n
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Facebook IPO trading opens at $42 | Money – WISN Home<\/h3>\n<\/div>\n
Facebook’s stock market debut is finally here — but for all the breathless hype, shares stayed fairly stable, trading Friday morning right around their IPO price.<\/div>\n
http:\/\/www.wisn.com\/news\/money \u2014 Fri, 18 May 2012 12:13:50 -0700<\/span><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

And the world yawns. Good evening all, this is the Angry Systems Administrator. Normally The Angry Webmaster would be writing about a certain president being born in Kenya, at least until 2007, but today I hit him with a taser I\u2019ve been playing with and thought I would write about Facebook\u2019s new IPO. Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":7762,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[71,57],"tags":[45,101,64,57],"class_list":["post-7756","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-of-the-day","category-technology","tag-facebook","tag-news","tag-taxes","tag-technology"],"views":1059,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/angry.net\/blog2\/wp-content\/uploads\/2012\/05\/wy-is-facebook-going-public.jpg?fit=560%2C420&ssl=1","jetpack-related-posts":[{"id":7787,"url":"https:\/\/angry.net\/blog2\/?p=7787","url_meta":{"origin":7756,"position":0},"title":"The true value of Facebook","author":"Angry Webmaster","date":"May 23, 2012","format":false,"excerpt":"Hello all you Angry Facebook investors. Are you having regrets now, buying into the hype that was the Facebook IPO? I'm not, and neither is the Angry Systems Administrator since we were smart enough to stay as far away from this disaster as we could. Since Facebook closed at it's\u2026","rel":"","context":"In "Entertainment"","block_context":{"text":"Entertainment","link":"https:\/\/angry.net\/blog2\/?cat=4"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/angry.net\/blog2\/wp-content\/uploads\/2012\/05\/Facebook-stock-value.jpg?fit=800%2C533&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/angry.net\/blog2\/wp-content\/uploads\/2012\/05\/Facebook-stock-value.jpg?fit=800%2C533&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/angry.net\/blog2\/wp-content\/uploads\/2012\/05\/Facebook-stock-value.jpg?fit=800%2C533&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/angry.net\/blog2\/wp-content\/uploads\/2012\/05\/Facebook-stock-value.jpg?fit=800%2C533&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":8715,"url":"https:\/\/angry.net\/blog2\/?p=8715","url_meta":{"origin":7756,"position":1},"title":"California State budget office reports…","author":"Angry Webmaster","date":"August 3, 2012","format":false,"excerpt":"One big OOPS! Yes, California, the first failed state in American history just admitted that they made a \u201cslight\u201d mistake. What was that mistake? They invested rather heavily in the Facebook IPO.","rel":"","context":"In "Moonbat"","block_context":{"text":"Moonbat","link":"https:\/\/angry.net\/blog2\/?cat=100"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/angry.net\/blog2\/wp-content\/uploads\/2012\/05\/Facebook-stock-value.jpg?fit=800%2C533&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/angry.net\/blog2\/wp-content\/uploads\/2012\/05\/Facebook-stock-value.jpg?fit=800%2C533&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/angry.net\/blog2\/wp-content\/uploads\/2012\/05\/Facebook-stock-value.jpg?fit=800%2C533&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/angry.net\/blog2\/wp-content\/uploads\/2012\/05\/Facebook-stock-value.jpg?fit=800%2C533&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":39465,"url":"https:\/\/angry.net\/blog2\/?p=39465","url_meta":{"origin":7756,"position":2},"title":"Anger Central, Social Media and other fun things, 2023","author":"Angry Systems Administrator","date":"January 2, 2023","format":false,"excerpt":"Hello all, this is the Angry Systems Administrator wishing all of you a better 2023 then you had 2022. Hopefully things will improve for all of us, but I\u2019m not holding my breath. The drunken idiot Angry Webmaster has already covered a few things, however I\u2019ll go into a bit\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/angry.net\/blog2\/?cat=32"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/angry.net\/blog2\/wp-content\/uploads\/2014\/11\/BOHICA-300x240.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":10767,"url":"https:\/\/angry.net\/blog2\/?p=10767","url_meta":{"origin":7756,"position":3},"title":"Bill Stevens rips apart gun banners","author":"Angry Webmaster","date":"February 4, 2013","format":false,"excerpt":"Good day all. I saw this video of Bill Stevens who lives in Newtown, Connecticut. His daughter was not involved with the tragedy at the Sandy Hook school, but one of her friends sisters was. Mr. Stevens is testifying before the \u201cGun Violence Prevention Working Group\u201d at a public hearing.","rel":"","context":"In "Crime"","block_context":{"text":"Crime","link":"https:\/\/angry.net\/blog2\/?cat=3"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/angry.net\/blog2\/wp-content\/uploads\/2013\/01\/b1-gottlieb-ah_s640x986.jpg?fit=640%2C986&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/angry.net\/blog2\/wp-content\/uploads\/2013\/01\/b1-gottlieb-ah_s640x986.jpg?fit=640%2C986&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/angry.net\/blog2\/wp-content\/uploads\/2013\/01\/b1-gottlieb-ah_s640x986.jpg?fit=640%2C986&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":47220,"url":"https:\/\/angry.net\/blog2\/?p=47220","url_meta":{"origin":7756,"position":4},"title":"Elon Musk becomes a Trillionaire","author":"Angry Webmaster","date":"June 13, 2026","format":false,"excerpt":"Good day all. Friday, June 12th, SpaceX went public with a highly successful IPO. SpaceX opened on the NASDAQ under the symbol SPCX at $150 per share. The IPO was for $135 per share. The prices bounced around all day, all above the IPO price and finally closed at $160.95\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/angry.net\/blog2\/?cat=176"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/angry.net\/blog2\/wp-content\/uploads\/2016\/12\/schadenboner-246x300.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":17565,"url":"https:\/\/angry.net\/blog2\/?p=17565","url_meta":{"origin":7756,"position":5},"title":"The least transparent woman in the world","author":"Angry Webmaster","date":"March 22, 2015","format":false,"excerpt":"Good day all. I saw this video regarding Hillary Clinton and I thought I would share it.","rel":"","context":"In "Crime"","block_context":{"text":"Crime","link":"https:\/\/angry.net\/blog2\/?cat=3"},"img":{"alt_text":"clinton mumu","src":"https:\/\/i0.wp.com\/angry.net\/blog2\/wp-content\/uploads\/2014\/08\/clinton-mumu-142x300.jpg?resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/angry.net\/blog2\/index.php?rest_route=\/wp\/v2\/posts\/7756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/angry.net\/blog2\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/angry.net\/blog2\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/angry.net\/blog2\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/angry.net\/blog2\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7756"}],"version-history":[{"count":10,"href":"https:\/\/angry.net\/blog2\/index.php?rest_route=\/wp\/v2\/posts\/7756\/revisions"}],"predecessor-version":[{"id":20742,"href":"https:\/\/angry.net\/blog2\/index.php?rest_route=\/wp\/v2\/posts\/7756\/revisions\/20742"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/angry.net\/blog2\/index.php?rest_route=\/wp\/v2\/media\/7762"}],"wp:attachment":[{"href":"https:\/\/angry.net\/blog2\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/angry.net\/blog2\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/angry.net\/blog2\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}