Wednesday, May 2, 2012

Facebook Tree

A look at Facebook-related plays. Are they good for a long hold or near-term trade? Both? No answers here. Just information. My take: neither GSVC or SVVC are for the long term. Remember CMGI during the Internet bubble? But as a quick trading vehicle, could be in play.

GSV Capital (GSVC)
I'm instantly skittish when it comes to stocks that have no numbers to work with (re: Yahoo statistics), but these guys have a cut of Facebook and another cut of Twitter.
News: Seeking Alpha updates
Yahoo News: Ascendiant Capital Markets initiates coverage (May 2 2012)
Helix Investment Management: Invest in Facebook, Twitter (Dec 8 2011)

Firsthand Technology Value Fund (SVVC)
SVVC owns more shares of Facebook than GSVC, but has already done a secondary offering that deflated the stock. Does this mean they're done with more offerings? Or is there another on the way? Don't know.
News: Seeking Alpha updates
Yahoo News: SVVC completes initial investment in Twitter (May 2 2012)
Evans Capital: Time to cover short position (Apr 19 2012)
Stockerblog: Funds that own Facebook stock (Mar 30 2012)

Zynga (ZNGA)
News: Seeking Alpha updates

Facebook (FB)
Story by MarketWatch about Facebook's IPO, privacy issues.

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