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Reply With QuoteI have a friend who bought 20 shares, I told him it was a bad idea. He's pissed. I don't think it will ever go back up to $38.
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Results 1 to 10 of 12
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05-30-2012 #1
Super Moderator
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- Aug 2010
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- 28,828
Yikes glad I didn't waste any money on any facebook stock,it is dropping like a rock.
sponsored links I was going to purchase one share just to claim I was part owner.
However with the brokerage fee & opening price I'd have lost at least 10 or 15 bucks.
Facebook stock drops below $29 (+video) - CSMonitor.com
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05-30-2012 # ADS
Advertisement Circuit advertisement- Join Date
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05-30-2012 #2
Reno Mini Hub
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- Feb 2012
- Posts
- 518
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05-31-2012 #3
Super Moderator
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- Aug 2010
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- 2,666
All hype..... seen that one coming too and I know nothing about that stuff.
Live by the sword, die by the sword.
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05-31-2012 #4
Moderator/Local 523
- Join Date
- Aug 2010
- Posts
- 13,515
Why did it fall? I thought faceless book was the end all!
I ain't got no panties on
Hi, I'm GT, and I'm just a number, of little to no value.
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05-31-2012 #5
#1 Devil's Advocate
- Join Date
- Aug 2010
- Posts
- 7,428
not everything that sounds good, looks good, feels good....
is ever THAT good.
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05-31-2012 #6
Reno Mini Hub
- Join Date
- Feb 2012
- Posts
- 518
$27.11 last time I checked. It was down to around $26.70 earlier today.
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05-31-2012 #7
Senior Member
- Join Date
- May 2006
- Posts
- 734
While it was a novelty , all the young dudes and dudettes were into it, being cutting edge and all. Now that it went Wall Street , or the Establishment , it lost is cache.So eventually the youts will move onto something new and improved.
Originally Posted by grocerythrower
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06-01-2012 #8
Moderator/Local 523
- Join Date
- Aug 2010
- Posts
- 13,515
I don't know about that Kevin, I know people that consider facebook their God, if it were to fall, lives would crumble, massive depression could set in and people would be jumping off buildings. Originally Posted by kevin653
I would love to see facebook fall apart, like I said in another thread, I think it would be interesting to see the fall out!I ain't got no panties on
Hi, I'm GT, and I'm just a number, of little to no value.
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06-02-2012 #9
Senior Member
- Join Date
- Aug 2010
- Posts
- 5,820
I guess a lot of people forgot about the .com bubble. What else is this stock but a repeat of that?
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06-04-2012 #10
Senior Member
- Join Date
- May 2006
- Posts
- 734
sponsored links Hey GT Looks like you got your wish. This will really endear the facebookers, knowing that they are an under performing asset. Price at post : Originally Posted by grocerythrower
Facebook, Inc. (FB) -NasdaqGS
26.64 1.08(3.90%) 1:45PM EDT - Nasdaq Real Time Price
Facebook CEO knew about overpriced IPO and dumped shares, new lawsuit claims
Mark Zuckerberg is losing even more friends.
Another group of disgruntled Facebook investors has reportedly sued the the social media guru, saying he made out like a bandit over the site’s botched IPO.
''This latest class-action lawsuit claims Zuckerberg knew Facebook was horribly overpriced at $38 per share when trading began last month, TMZ reported today'"
New suit claims Facebook CEO Mark Zuckerberg knew about overpriced IPO, dumped shares - NYPOST.com
