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Well, BOTH, Stu!


geez, I gotta 'splain <span style="font-style: italic">everything</span>? :jester:
 
Glub, GLUB, glub.....
 
Official NASDAQ opening bid was $42/share of misery.
Reality was $38 before they could get anybody to buy it.
Right now at $21, so ostensibly we are at a 50% loss from the opening gambit if $42.
 
TOC said:
Official NASDAQ opening bid was $42/share of misery.
Reality was $38 before they could get anybody to buy it.
Right now at $21, so ostensibly we are at a 50% loss from the opening gambit if $42.

Just needs to drop to about $8 and I'm in. :cooler:
 
Continued to crater today. Down .83 to below $21. Maybe they should change their name from Facebook to:

Wikip-facepalm.jpg
 
coldplugs said:
But doesn't Facebook itself end up with a ton a cash nevertheless?

Yeah, especially the guy who renounced his citizenship to avoid paying taxes.
 
Basil said:
Continued to crater today. Down .83 to below $21. Maybe they should change their name from Facebook to:

Wikip-facepalm.jpg



More like face plant...or did someone else already say it?


HBD bro! I can't think of a better present than FB lossing more $$$
 
Morgan Stanley cut their value to $32 for the one-year. That of course is a guess, but it means anyone who bought in at the $38 IPO loses money still in a year. Zook has pledged not to sell any of his stock for a year.
The big deal was supposed to be mobile....yet, the software released 23AUG12 doesn't allow for the mass quantities of ads FB and Zook and Morgan Stanley and NASDAQ were counting on.
Free fall is what it still is.
When it hits $8, it's a buy!
 
TOC said:
Morgan Stanley cut their value to $32 for the one-year. That of course is a guess, but it means anyone who bought in at the $38 IPO loses money still in a year. Zook has pledged not to sell any of his stock for a year.
The big deal was supposed to be mobile....yet, the software released 23AUG12 doesn't allow for the mass quantities of ads FB and Zook and Morgan Stanley and NASDAQ were counting on.
Free fall is what it still is.
When it hits $8, it's a buy!

Did I read $8????? Where... I'm ready (but only at that price given its PE ratio). :laugh:
 
Some analysts think it's really worth $8-$12 a share. So, when it reaches $8, figure it's bottom, and then buy!
If the free-fall rate continues, at the same rate, we'll reach it by year's end.

Really interesting to watch the ticker off and on during the day. You can actually see where the price comes up a bit, then sell, sell, sell, and drop it goes, time after time.

Looks like a lot of folks churning their stock in a vain attempt to actually make some money.
 
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