Originally Posted by 2010rig
Zuckerberg is the owner not an Employee. There's a difference.
Dustin Moskovitz & Eduardo Saverin no longer even work there, so why "add them up".
Anyway, 32% are employees, not 80% as clearly demonstrated. You were off by 48%.
You're always going around making a big deal over the most minor things, so if you're gonna go around and mock a company at least get your facts straight.
So somehow it's "better" that the owner owns ~30%, and the employees own 30%?
In case you're wondering, the CEO is an employee of the company. You answer to the shareholders in some way (example: shareholders are mad that productivity is down = lazy workers get fired; shareholder is mad that idiot CEO can't run the company.. he's getting cut quicker than he can blink.).
Am I really making a big deal over minor things? Feel free to call me out, I don't remember losing any arguments to you, unless you want to pin this on your fridge due to a technicality.
It's not a minor thing, there's nothing wrong with the company (the issue is with the share price valuation), but do come back in a few weeks while we all poke fun of the fools who bit on a stock with a P/E of 100.
And it's not like I was wrong about Facebook. *Most* people here had enough common sense to see the IPO was overpriced..
Originally Posted by jrbroad77
If you want a nail biter (or a heart attack? who knows), get in on this tomorrow. But trading really isn't for the faint of heart, especially if you just want to make a quick buck. If you don't understand technical trading and plan on keeping it on a minute/hour/day/week/month basis, you will probably lose money. You'll *probably* have the opportunity to get a realized gain, but you'll probably hold on thinking you could make more. And you'll probably see it dropping back to where you bought it at, thinking it'll surely go up. Then you'll go against logic and buy more on the way down. Then you'll stay in when it drops more because you have too much invested. Etc.
Is it worth the possibility of making a couple dollars? Meh. You'll lose sleep if you screw up with anything but throwaway money; seeing how an annual return of 7% is decent, losing that much in less than a week would be terrible.
Yes, much ado about nothing
There's a difference between whining and intellectually analyzing. I try to do the latter. If it makes you mad, oh well?Edited by jrbroad77 - 5/22/12 at 3:39pm