• Here is a link to the full explanation: https://rollitup.org/t/welcome-back-did-you-try-turning-it-off-and-on-again.1104810/

Facebook already lower then opening price IPO ...lol

BigJon

Well-Known Member
Any chance it keeps going down adn stocks get to under a dollar? Because if that's the case, I'll buy a shitload of FB stock once its low.
 

ScoobyDoobyDoo

Well-Known Member
Naw it wont go that low , but I though the hype would keep it afloat for more then 2 business days:bigjoint:
lol...i think it will sink to around $25 before it levels off. that's closer in line to real valuation of the company. then when they start rolling out revenue making ideas that will be the real test as to where they go.
 

Fungus Gnat

Well-Known Member
I wonder how much of this has to do with Zuckerberg controlling 57% of the shares, so it would be impossible for someone to takeover facebook. There were some reports large investors hated it.
 

RyanTheRhino

Well-Known Member
I think its their business model. "We make money to run Facebook" They want to hear "We run Facebook to make money"
 

ScoobyDoobyDoo

Well-Known Member
i think the large investors hated that zuckerberg was running the company period. he should step aside and just do the hackathons and development.
 

bowlfullofbliss

Well-Known Member
The price will go up when the owners and employees who have stock options are able to start selling off their shares, which is later this week or next. It'll tick up a bit.

I'm not buying this stock, I don't even have a facebook account LOL! I still think its a fad.....
 

Carl Spackler

Well-Known Member
Facebook's IPO should stabilize in the coming weeks. The biggest problem with this stock is General Motors bought a lot of advertising space on Facebook and according to their adv.execs it failed to sell cars for them and they dropped the campaign a few days before the stock went public. Not the best timing for a big IPO.... Hard to predict the bottom on this thing but I plan on buying.
 
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