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Are you surprised that Facebook's stock is down from its initial price?

ABC News U.S. 2012/05/22 11:12:06
Related Topics: Stock, Facebook
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  • meme14 2012/05/22 15:30:44
    No.
    meme14
    +4
    Facebook doesn't actually make a profit - I guess they could charge companies that use Facebook advertising fees but I think if they try to charge people..who have all pretty much had their fill of FB anyway..there will be a mass exodus and a free site developed to replace it.

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  • meme14 2012/05/22 15:30:44
    No.
    meme14
    +4
    Facebook doesn't actually make a profit - I guess they could charge companies that use Facebook advertising fees but I think if they try to charge people..who have all pretty much had their fill of FB anyway..there will be a mass exodus and a free site developed to replace it.
  • Sofahead meme14 2012/05/25 14:28:03
    Sofahead
    They could always return to MySpace.
  • lm1b2 2012/05/22 14:17:05
    No.
    lm1b2
    +3
    It sucks!
  • tom C 2012/05/22 13:59:04 (edited)
    No.
    tom  C
    +2
    The Initial offering was supposed to be @ 32 ...but somebody wanted to put a premium on the shares....at its offering the shares had a price to earnings ratio of 93.....

    the typical stock has a price to earnings ratio of 16.......

    yes it was way high....



    I expect the stock to flounder until we see a real earnings report....

    then it should go higher........I expect several chances to get in cheaper in the next month..



    Everyone remembers GOOGLE ....well google was not typical.....
  • All American 2012/05/22 13:06:49 (edited)
    No.
    All American
    +3
    That's not unusual after the initial excitement of the IPO has waned.

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2014/12/21 21:32:51

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