Facebook Stock

See how happy everyone is, including me, that my ol' buddy Mark finally married my Sister!!



:D

Bob
 
So far, it has been a bit of a dud. Down 10% on some bad news about GM pulling its advertising due to ineffectiveness. They also have problems with an inability to leverage profit out of their mobile division.

We shall see what happens later this year. Of course, if you own a mutual fund, you probably already have some facebook stock.
 
He lost 2 billion today. Granted thats nothing to him, but talk about an over hyped stock.
 
It was over valued. Now you are seeing the correction back to reality.
 
I had to follow Warren Buffit's advice on this one...no buy.

To clarify, I never was considering buying.

Bill
 
Its on sale this morning! Looks like its getting hammered in pre market
 
I hate to say that I was right, but this IPO was a dud. Lawsuits, accusations, attorneys, misrepresented information.

I would say that this stock will continue to be overvalued for a year or more.
 
For some reason people put on some rose tinted glasses. Ignored the fact that they themselves and most everyone around them doesn't trust Facebook with personal data. Nor do they have a true way of their own grow profits.

People just thought, this could be the next Microsoft...I might regret it 20 years down the road. Well, they already regret it because they threw all their actually feelings about the company out the window on hope it could be something it's not.

The moment they create an actual profit making side of their business, things can change, but Google+ might beat them to if, ya know, if anyone actually decides to use it.
 
Nope. I agree with you completely. I also mess around in the stock market but wouldn't be caught dead touching Facebook. There's no value in a social networking site
 
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