Opens at $33-38 ish and it looks like anything under $50 is a buy. Some analyst are stating that its going to hit $80 at after hours and it is not worth that.

Are you buying the hype and excitment or buy a company based on value? Not sure which way to buy and sell this but on paper FB has a long way to go to gain respect. As far as users and their base, well, there must be value there.

As for shorting... Thats a big risk where you can lose everything and more. I dont think its a horrible option though.

I enjoyed reading this profile on Zuck and Facebook immensely http://www.businessweek.com/articles...-the-valley#p1

Does anyone have an article detailing how Zuck managed to retain 57% control of the company? I think this is one of the most impressive things about him and quite a feat.

When does Nasdaq open?

It looks like 11am first trade

priced at $38

going to be a crazy day tomorrow with that going on that's for certain.

$38 per share.

valuation of 104.2B, 107 times earnings!

the company is so over valued it's not worth it. If you really want a piece of FB buy one share from oneshare.com or a similar site.

don't forget that Zuckerberg only told the board ONE day prior to announcing the instagram deal publicly...

FB received 9 percent of all U.S. Internet visits in April 2012, that's amazing. With being so overvalued, how are they gonna catch up?

The $104.2B dollar question is this: Can Facebook continue to be on top, or will they too go the way of MySpace, etc. And even then, if they manage to maintain (and grow) the membership base, can they figure out how to better monetize it?

I don't recall the article where I saw it, but cliffs: he owns something like ~20% of the total shares, but a significant chunk of shares don't have voting rights, so the public rabble can never outvote him.

Facebook is about to raise more money than ALL Tech IPOs of 2012, 2011, and last year of dot-com bubble, 2001 - COMBINED.

I will probably day trade it tomorrow depending on where it opens and how it's playing out.

False, it's the 2nd biggest IPO in history. And Visa shouldn't even count as an IPO. Many smaller firms float 10% of the firm or less, FB is not.

I seriously would like someone to explain or link something demonstrating why this company is worth over $100billion.

Edit, or why people are speculating it will be worth 100billion.

They have ~1 billion users. If they can get 50% of those users to spend $100/yr, that's $100B in revenue.

They just need to come up with a subscription service that people are willing to pay $8/mon for. Maybe they could launch FB streaming with a real movie catalog and crush Netflix? Theres a lot of possibilities.

Not saying they are worth it, just saying there is a lot of potential upside.

Your statement doesn't contradict my statement in any way.

Latest figures indicate that about 20% of FB is being floated. And yes, it a gigantically sized IPO.

Well, they have a billion real users who spend 7 hours on the site each and every month. (or whatever the exact stats are) And FB is creating an ecosystem for the rest of the internet to keep people reliant on FB and inside the FB model. For example, they are allowing people to upload large files, play games, etc - so fewer and fewer people need to leave the site to do things they would do on other sites. And many other sites are relying on Facebook for logins/commenting/etc...

What are the biggest and most profitable websites out there? Facebook can integrate some of their features and capture those markets... Is Facebook Youtube, Facebook Movie Streaming, Facebook Hobby Forums, Facebook Stores that far out of the realm of possibility for Facebook?

So far, they haven't really spammed their users to death (like most other commercial sites). So whatever they are earning now, there's probably potential to make more.

That's worth something.

Exact numbers are just speculation.

Subscriptions are the exact wrong way for FB to go. They've built a reputation on being $free. The front page even says

I could see them upping their ad frequency/size or selling more correlation data about their users, or charging more for product spotlighting and referral sales, though. They have a whole division dedicated to user data analysis.