PREDICTION: Facebook's IPO priced at $38 per share. Its price at the end of Q2 will be ...
Facebook (FB) priced its IPO today on Nasdaq at $38 per share, making Mark Zuckerberg a 28-year-old decabillionaire.
But will the IPO price look like from the vantage point of, say, the end of this calendar quarter? Place your bets on the closing price of FB class A common stock as of the 4:00pm Nasdaq closing bell on June 29, 2012.
$50 or higher (with a ticker symbol change to BUZZ)
7% (2 bets)
$45 - $49.99 (watered by the tears of Eric after going short)
0% (0 bets)
$40 - $44.99 (must ... keep ... 12-digit ... valuation!)
0% (0 bets)
$35 - $39.99 (whaddya know? The underwriters finally priced one right!)
7% (2 bets)
$30 - $34.99 ("'Tis but a flesh wound!")
22% (6 bets)
$25 - $29.99 ("What, this stove? No, it's totally cooled down by now.")
37% (10 bets)
$20 - $24.99 (watered by the tears of Bay Area realtors)
15% (4 bets)
$19.99 or lower (with a ticker symbol change to POIC)
4% (1 bet)
Total bets: 27The actual outcome was "$30 - $34.99 ("'Tis but a flesh wound!")".
FB closed on Friday, 6/29/12 at $31.09 per share.*
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- "Proving nothing," said Ford. "I wouldn't trust that computer to speak my weight."**
** - It ain't a real prediction without a random H2G2 reference thrown in.
Results
| Name | Bet | Placed |
Outcome |
|---|---|---|---|
| lawyerliz | $30 - $34.99 ("'Tis but a flesh wound!") | 05/22/2012 - 6:21pm | Won |
| Ed S. | $30 - $34.99 ("'Tis but a flesh wound!") | 05/18/2012 - 4:06pm | Won |
| zephyrum | $30 - $34.99 ("'Tis but a flesh wound!") | 05/18/2012 - 11:16pm | Won |
| Skittles the Unicorn | $30 - $34.99 ("'Tis but a flesh wound!") | 05/21/2012 - 6:36pm | Won |
| fudge_hend | $30 - $34.99 ("'Tis but a flesh wound!") | 05/18/2012 - 2:05pm | Won |
| Govt. Cheese | $30 - $34.99 ("'Tis but a flesh wound!") | 05/18/2012 - 1:57pm | Won |
| john b. | $20 - $24.99 (watered by the tears of Bay Area realtors) | 05/19/2012 - 2:23am | Lost |
| Yancey Ward | $35 - $39.99 (whaddya know? The underwriters finally priced one right!) | 05/21/2012 - 10:44am | Lost |
| timbo | $25 - $29.99 ("What, this stove? No, it's totally cooled down by now.") | 05/21/2012 - 10:53am | Lost |
| sscripko | $19.99 or lower (with a ticker symbol change to POIC) | 05/22/2012 - 1:59pm | Lost |
| NateTG | $35 - $39.99 (whaddya know? The underwriters finally priced one right!) | 05/21/2012 - 11:29am | Lost |
| What Could Go Wrong | $25 - $29.99 ("What, this stove? No, it's totally cooled down by now.") | 05/21/2012 - 11:57am | Lost |
| josap | $25 - $29.99 ("What, this stove? No, it's totally cooled down by now.") | 05/22/2012 - 1:32pm | Lost |
| Mike in Long Island | $20 - $24.99 (watered by the tears of Bay Area realtors) | 05/22/2012 - 1:29pm | Lost |
| eek | $25 - $29.99 ("What, this stove? No, it's totally cooled down by now.") | 05/21/2012 - 2:10pm | Lost |
| Rob Dawg | $25 - $29.99 ("What, this stove? No, it's totally cooled down by now.") | 05/18/2012 - 9:44pm | Lost |
| JP | $25 - $29.99 ("What, this stove? No, it's totally cooled down by now.") | 05/18/2012 - 1:47pm | Lost |
| Bubblisimo Gerkinov | $50 or higher (with a ticker symbol change to BUZZ) | 05/18/2012 - 1:47pm | Lost |
| GDD9000 | $25 - $29.99 ("What, this stove? No, it's totally cooled down by now.") | 05/18/2012 - 1:54pm | Lost |
| Blackhalo | $20 - $24.99 (watered by the tears of Bay Area realtors) | 05/18/2012 - 2:12pm | Lost |
| Tom Stone | $20 - $24.99 (watered by the tears of Bay Area realtors) | 05/18/2012 - 3:32pm | Lost |
| RE | $25 - $29.99 ("What, this stove? No, it's totally cooled down by now.") | 05/18/2012 - 3:33pm | Lost |
| Vic | $50 or higher (with a ticker symbol change to BUZZ) | 05/18/2012 - 3:41pm | Lost |
| Jonathan | $25 - $29.99 ("What, this stove? No, it's totally cooled down by now.") | 05/18/2012 - 7:01pm | Lost |
| Tom in AZ | $25 - $29.99 ("What, this stove? No, it's totally cooled down by now.") | 05/18/2012 - 7:52pm | Lost |
Comments
I voted for the $20-24.99 because I think it is an overhyped bubble. As a Canadian living mostly in Vancouver I have a personal experience with the bubbles. With FB, the question is not whether To Rent or To Buy, but why to buy?
It was written hunderds of times that Facebook has no future development plan, comparable to Google or Microsoft. It neither has a good management strategy and the users will sooner or later discover the qualities of Google+ with its advanced functions and better privacy, extended content and quality of services. Mark Zuckenberg make himself a billionaire with such an average program that has no real value and is selling your personal data...