Patch's Poll: Will You Buy Facebook Stock?

The social media giant is expected to go public Friday.

Facebook is expected to bring its stock to the public for the first time Friday, with shares priced at $34 to $38 each, CNN.com reports.

That would put the company's valuation around $81.2 billion on the day of its IPO, according to the report.

Do you plan to buy some Facebook stock? Why or why not? Take our poll and add your thoughts in the comments.

LiveForFreedom May 18, 2012 at 01:07 PM
The investors that buy Facebook will be taking a huge risk. Sure, maybe in the long run some investors may make some money. But in order for Facebook stock to grow, it depends on new revenues coming in to Facebook. Since users pay nothing, will Zuckerberg start charging a fee? Will Facebook start putting in lots of pop up advertisements? Mark Zuckerberg will making $45 Billion dollars today and he just turned 28 years old. This could turn into another stock bubble where the one percenters will get rich and the rest of us will lose.
David Irons May 18, 2012 at 01:56 PM
Something like 90 percent of the shares will be offered to large institutional investors who manage workers' 401(k) funds. It won't be until after they have had a shot at those shares that individual investors like ourselves will be able to buy any shares. By that time, the price could be anywhere on the map. Consider that and the fact that GM has pulled its advertising. How long before other major advertisers pull their advertising? How does Facebook make any money without the advertisers? They sell access to the site, that's how. I don't see Facebook going anywhere but down.
Lisa Beth May 18, 2012 at 02:24 PM
I *should* buy stock in FaceBook because I use it so much I'm assured a return on my investment! I *should* probably buy stock in Coca-Cola for the same reason...but...sadly...I won't. I highly doubt Mark Zuckerberg will start charging a fee to FaceBook users. Why bother? He makes TONS off the advertising already in place.
REVMAN May 18, 2012 at 04:58 PM
LiveForFreedom May 22, 2012 at 02:14 PM
The Securities & Exchange Commission should look into this IPO. Facebook investors lost $29 Billion dollars in one day. Facebook stock peaked at $42 on Friday and is $32 three days later. While Mark Zuckerberg made $45 Billion dollars, the public was ripped off. Facebook Co-Founder Eduardo Saverin moved to Singapore and renounced his U.S. Citizenship to avoid paying $1 Billion in taxes. These One Percenters should face prison fines. Follow the money.


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