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SMJTRUST

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  • Facebook: 5 Different Insiders Have Sold Shares This Year [View article]
    Get real! What about all the options these insiders purchased? Boy, I am panic by this article - NOT! Is this why UBS raised their price target to $72.00?

    You must admit (even though you are always looking at Insider Selling as only NEGATIVE) - that these sells were already known months before, the 6,210,899 shares sold (Nov - Jan) lost out on $46,395,000+ just on the share price increase today (assuming a $61.00 sales today), and gee maybe they have a bill or two to pay - but a second home for cash, buy a new car, pay property taxes, or even pay taxes. What a concept.

    Why would any of these persons buy stock in FB when all they have to do is exercise some options?

    Get a life ...
    Jan 30 02:21 PM | 6 Likes Like |Link to Comment
  • Facebook's Earnings Preview: What Investors Need To Know [View article]
    It is nice to see SA giving some interesting points of view on FB. In the past the bias has been on the negative side. As far as losing some teens, or for that matter any category, that is not a big deal - is it with the amount of users FB has compared to Twitter, LinkedIn, Google, or ...

    In fact my personal opinion is: if FB loses more teens and gains in the baby boomers or older generation that is a plus, as baby boomers and the older generation has the $$$ (or at least more than the teens that have to get money from parents or ...).

    Like I've said, I am a long term investor of certain stocks, and have own FB shares since October 2011 (yeah before the IPO)!

    My prediction is that FB will beat these next two quarter's but after that it is anybodies game.
    Jan 23 06:07 PM | 2 Likes Like |Link to Comment
  • Facebook: Good For Speculation, Not Investment [View article]
    I agree with "nun" - first off, the "insiders" must report to the SEC that they intend to sell their shares (or buy shares) well in "advance" of when you SA "writers" start telling your readers "Look at all the INSIDER SELLING!" It is NO surprise if you watch the SEC filings which should be a part of your homework when following a stock.

    Insiders sell for a number of reasons, to buy a house, pay taxes, give monetary gift, the list goes on, but let's include one more for argument sake - they may want to diversify their holdings as year over year they "exercise" the maturing options they get!

    You rationalize on thing when you bring up the point about insider selling - that is can only mean that the insider thinks the stock is going to go down (so you sensationalist try to help it go down),

    And as far as the stock going to $20 ... you got it from the same place the $100 got their price target! The stock price will keep rising as FB keeps reporting better earnings quarter after quarter, but be prepared to sell a little when the they miss...

    Enjoy the ride! Yes I am LONG FB.
    Dec 20 12:40 PM | 6 Likes Like |Link to Comment
  • Facebook, Zuckerburg, J.P. Morgan, Goldman Sachs And Morgan Stanley Must Face Lawsuit [View article]
    Everybody forgets about the rocky road YAHOO had when it went public. I (with a group of other investors) pooled money together and bought 1,200 shares (when it went public), and watched as we made money that morning, and then watched as we ended up losing that money and then some (on paper) by the end of trading. Six months or so later the 4 major holders in that group bought another 1,000 shares at a much lower price. We held onto the stock for 1 and 1/2 years and each made 12%-18% after taxes! If we had held onto our stock in Yahoo for 5 years, the four would be millionaires today. The only difference I see is that FB had over 2 BILLION shares (eventually) and so it won't have split after split after split like Yahoo.

    Except for one quarter, FB has been profitable!

    As far as Mark selling some shares, he has class "B" shares which he trades into class "A" shares one for one. Two more points I want to make here is, that class "B" shares have 10 votes for each share, while class "A" shares have only one. So when he converts, he is giving up some control of his company! He is young (still) and so I don't expect this to happen too many more time in the next 5 - 10 years. Secondly, he is a director and must file paperwork well in advance of selling - so there should be NO surprise that he is selling a SMALL portion of his holdings (tax reasons, donations, and/or to diversify just to name a few reasons - not to mention the stock has recovered nicely).

    It was a "Broken" stock, not a "Broken" company! Facebook should not be held accountable for MS, JPM, and GS (and NASDQ) miscues.

    I am a LONG TERM investor, and don't feel SORRY for the flipper of stocks! Flippers or Short Term investors don't always come out on top.

    Remember, the whole reason a company goes IPO is to raise capital for itself not those short term investors or flippers!

    The real problem the expert investors saw the 2 BILLION shares and backed off buying, which gave the "opportunity" to buy for the retail investors. How many retail investors got a chance to buy Twitter? I have over $600k in my MS account(s) - and I did not get 1 share of that IPO! This was the one stock I wanted to be a FLIPPER on, as I don't see any positive earning until 2015 - that is too far off and the price of the stock after IPO (and the release of 400k more shares after lock-up) means I wouldn't touch that stock until it got down below the IPO price (as far as long term investing goes).
    I still own my FB stock (I bough on Sharespost prior to the IPO) and I will be glad to hold on for the first 5 years of being public.
    Dec 20 11:11 AM | 1 Like Like |Link to Comment
  • Whatever You Do, Don't Sell Facebook Now [View article]
    I still laugh at another SA writer (Tim W.) that proclaimed that FB would hit $0.00 before it hit $35. Where is he now? Investors (not flippers) must own this stock to make money, as this is just the first quarter of many quarters to come, that FB will prove - it takes money to make money! Their business plan was a little flawed at the beginning, as hey didn't think to monetize mobile, but watch out now!
    Jul 25 08:15 PM | 1 Like Like |Link to Comment
  • Is Facebook In Denial? [View article]
    Two things...
    First have you ever heard of the phrase "It takes money to make money"?

    Second, so what if FB lost or will loose a few user (which Y over Y your article points to growth by the way), if they grow the revenue like they are, and then hold the expenses at current level, that flat earnings you point out will equate to higher earnings.

    I am not say jump in and buy, what I am saying is pick your points of entry, don't try to make your profit in the short run, this is a stock that is a buy and hold for a few year - it's not for those that turn stocks over and over in short runs.

    I'm still waiting for one of SA to say he was dead wrong, that the stock will be at $0 before it hits $30!

    By the way FYI, percentages go down as the denominator gets bigger, so stop using percentages to say FB is doomed! I would rather have 10% growth when talking billions than 10% growth when talking about millions. So what is FB user growth slows or even comes down a few million? We are not buying the stock to see if FB user growth expands!!!!!
    May 5 01:15 PM | 1 Like Like |Link to Comment
  • Facebook Is About To Destroy Its Business [View article]
    Karl - you are as bad a writer as Tim W. who also said that FB would go down to Zero before it gets to $30! Well, he was wrong (but he does have about 4 more years to hope he is right), and you are wrong. PUT YOUR MONEY ON THE SHORT SIDE NOW! Do you think that FB with over 1 BILLION user would mind if you and Tim got together with the other non believers and stopped using FB and talking about it? The majority of us can't wait to see what other exciting content FB has for us! We will see FB above $50 before we see it near $0.00!

    I think you and Tim should spend all your money shorting FB, and then write articles like this that have NO FINANCIAL BASIS!

    Good luck!
    Feb 18 03:44 PM | 3 Likes Like |Link to Comment
  • Facebook Lock-Up: Levitating Shares Defy Empirical Evidence [View article]
    No. The shares were bought through a firm called "SharesPost." They were auctioning shares that "insiders" wanted to sell (for one reason or another), but the way it was set up is that you bought shares in a LLC that had a contract with the seller, that when the lock-up expired, the shares would be transferred to this LLC, and then the LLC would transfer them to the individual "Angel" investor. They are sitting in this account now, until I decide to move them to my "real" account. The minimum investment was $100K per transaction, and no matter what you bid as far as price, everybody who "won" the right to buy would get the lowest settlement price.

    For example let's say you bid $35.50 for $150,000 worth of FB stock, after the close of the auction the settlement price (lowest price that would have all the shares in the action sold) was $32.50, then you would get 4,615 roughly shares of the LLC. When Facebook lockup is over the LLC are traded into FB shares, and the LLC is closed out. I happen to do this twice.

    The risk at the time is if FB never went IPO, then the money would have been returned, and I would have lost the time value of money. If it went public lower than the price I paid, I would have a paper loss. The other thing is, until the lock-up expired (in my case November 14) I could not trade the stock.

    But like I said before, I am in this stock for the "Long" term benefit, and believe that the $200+K is invested well, and will turn into over $1 million by the time I sell, or the other end (which a great author from SA wrote about) FB will be worth $5.00 a share or less!

    I am in no rush to sell the investment account. I do like the volatility of FB stock that allowed me to by some trading shares at a low price and sell at a higher price. This play helped me lower the average price of the Pre-IPO shares. I want to do more trading shares, but I need to look at the news on FB (both good and bad) and try to pick the trading range (low for buying and high for selling). I may not pick (and usually don't) the absolute lowest price (or the highest price) in that range, but because I buy the stock and not options, I can hold onto these trading shares longer without worrying about option expirations.

    I can also keep these shares in my SharesPost account as they have set up these accounts so we get 5 free trades a month. So I am in no rush to sell. If it takes longer than 5 year so be it. If the company gets broken before the 5 years, I can always sell out.

    Like I said before, read the S-1 and amendments, and if you believe in the business plan of FB, than you are on board like me. If not, you are a seller (short side) of the game. Because of the volatility of FB both sides can win for a while (a long while). Both sides have to watch the news, the emotions, and the economy of the world, just like any other stock.
    Nov 23 12:56 PM | 1 Like Like |Link to Comment
  • Facebook Lock-Up: Levitating Shares Defy Empirical Evidence [View article]
    I agree with you (Extremelysmartguy)! That is where I made more than enough money to keep me the rest of my life (and my children's life)!

    I only bought a little over 5+K shares of FB (prior to the IPO), with the lock-up expiring on November 14. This was my long term investment, and really didn't expect (and wasn't disappointed) by the actions of the stock market on FB. Now that the big lockups have gone by, the INVESTORS (ones that hold on to the stock longer than a year [or two]) are starting to buy the stock.

    But I also "Traded" FB bought towards $18 or $19 and sold at $23 to $24. I was out of everything (except my 5+K investment account) prior to the November lock-up expiration. I expected to pick-up some more Trading shares, but didn't get them.

    These trading shares had made me enough profits to bring down my Pre-IPO price to just about $20 per share. Now I will be satisfied to hold on to the 5+K shares for at least two years to five!

    When the stock retraces back to around $20, I will pick up some more trading shares, and start the selling of those shares around the $25 mark. This way I will earn a little more profit on the volatility of the stock.

    But one thing all these article on the shorts ignore is the "EMOTION" that drive this stock (both up and down). That reason alone will prove one of SA authors absolutely wrong in predicting FB will hit $5.00 even though he claimed not to base his opinion on any "Financial" facts! How can they even give this person the time of day to write that?

    The fact is, FB "was" a broken stock, and had a business plan that was flawed, but FB has worked hard to change that plan, and the quick response as well as the lower expectation for growth will help FB recover and prosper those that get in!

    I would gladly give up the time value of my investment and hold on for two to five years if I can make more than I would in another investment. But to see that, I have to wait to the end of that two to five years. I don not mind the "paper loss," in the short run, and that is why I can afford to wait and ride the ups and down of Yahoo, Ford (which I also bought on a secondary offering), C, BAC, GM, GE, and the list keeps growing.

    After all, all those INVESTORS in FB that held on to FB until it finally went IPO reaped the BENEFIT of the IPO (look how long it was before they got their returns). Did you also notice that MOST of those investors sold less than 50% of their holdings (for good reason). Be patient, our day will come (again, just like YAHOO, GOOGLE, Ford just to name a few).
    Nov 22 05:19 PM | Likes Like |Link to Comment
  • Facebook Lock-Up: Levitating Shares Defy Empirical Evidence [View article]
    Yeah ... on the SA site there are more rooting for the stock to go down vrs. going up. Me, on my trading position, I root for the price to go down to $19 (moving that up to $21) and then rooting the stock go up to $23 (moving that up to $25). For my trading account with FB stock, I hope it remains volitile.

    My long term investment in FB (I am not an employee - just an "Angel Investor.") I will hold, and absorb the "paper loss" until I feel the stock has given me a return on investment greater than the return on investment in another alternative investment.

    I have averaged down my long term price to a little lower than $20.
    But like I said, this is my LONG position not my trading position. Long I hold for at least one year up to five. Ny trading position, I get in what I think is low, and get out at 15% - 25% gains, then wait for a correction, and get in again.

    That is it ... sometimes it takes a little longer for this stategy to work, sometimes not.
    Nov 21 08:02 PM | Likes Like |Link to Comment
  • Facebook Lock-Up: Levitating Shares Defy Empirical Evidence [View article]
    VSD:

    You are wrong. I got my shares BEFORE market opened on Friday November 16. In fact I get 5 free trades a month in the account they are in. However, what you don't know is that so many others that have these shares through purchases made prior to the IPO, I do not plan to sell any of these shares. I for one believe in the FB plan (although it had it's hick-up), and planned to hold for over a year up to five years so I get a better return on investment than if I would have made in an alternate investment.

    When I held onto Yahoo for less than that I made $,$$$,$$$,$$$+! So the ones that get in and out will make some money (as I have when FB got to $18 and $19 and sold when it got from $22-$23), so my average price is well below my initial investment.

    So you along with all the other shorts need to come up with new reasons to get the market to drive down the price for FB to below $20 so I can trade some more! At these prices, I am long (enough) for the next 5 years. Next year, I plan to sell out of the money calls, so that I can get a little extra $$, and if the stock ever gets called away, I still made what I wanted to make!

    But I still LOVE articles like this, but hope that it drives down the price! I want to start my "trading" portion of FB again.
    Nov 20 06:48 PM | 2 Likes Like |Link to Comment
  • Facebook Lock-Up: Levitating Shares Defy Empirical Evidence [View article]
    Hey ChaPaVe, keep being short PLEASE!
    Nov 20 02:12 PM | Likes Like |Link to Comment
  • Will Facebook Regain On Mobile Ads Momentum? [View article]
    heliskiier:

    I am still not "SOLD" on Facebook's "recovery." I did by some trading stock at $19 and change just before the lockup expiration. I will get my pre-IPO shares in today, but like I said my 5+K shares (if I sell them or not) will make very little impact on FB stock price. I am a small player in the stock, but a long term investor, who can take the "paper loss" as well as the loss in investment opportunities that I could have had if I didn't invest in FB prior to the IPO. That is why I bought and sold some trading shares (to lower my actual basis of the pre-IPO price I paid). I still believe that FB is on the right track to start a growth period again, shocked that FB did not decline November 14, but happy if didn't. Now maybe the funds (like they did on November 14) will load up on the future "BET" that FB has turned the corner on revenue and income "GROWTH."

    Like I said when Tim wrote that FB would be $5, I feel FB will hit it IPO price and more WELL before it hits $5, and I stick to that. The numbers as bad as they may seem, were not that bad to bring the stock down to $5!

    Investors of the stock (those that hold for more than a year or so) and not the traders will reap the benefits, either join in (which it looks like you did) or sit and watch, but be careful when you short a stock like this - that is what I said all along!

    I am long FB, and proud of it. I will be long FB for a long time (at least 2 to 5 more years). Patience pays off, that is what I learned from YAHOO (where I made $$$$$$$$$$$$$$$$$).
    Nov 16 10:16 AM | Likes Like |Link to Comment
  • Will Facebook Regain On Mobile Ads Momentum? [View article]
    raviunnam:

    I hope you got rid of the $21's you had! So much for your TSUNAMI! By the way, even though I am LONG, this reaction even shocks me!
    Nov 14 09:48 AM | Likes Like |Link to Comment
  • Will Facebook Regain On Mobile Ads Momentum? [View article]
    heliskiier:

    So much for "houses money!" I suppose you had the $20 puts (or in some blogs you write $21?), and if you didn't sell ... did you look at FB stock this morning? What is happened? This even shocked me and I am long (for a long time to come).
    Nov 14 09:46 AM | Likes Like |Link to Comment
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