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

by ABC News U.S. Posted 2012/05/22 11:12:06

Loading Demographics... Click an icon to see demographic results Display unknown and private
	Yes.	1,446 votes	14%
	No.	8,583 votes	86%

More polls by ABC News U.S.

meme14 2012/05/22 15:30:44

No.

+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.

reply
Sofahead to meme14 2012/05/25 14:28:03

They could always return to MySpace.

reply
lm1b2 2012/05/22 14:17:05

No.

+3
It sucks!

reply
tom C 2012/05/22 13:59:04 (edited)

No.

+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.....

reply
All American 2012/05/22 13:06:49 (edited)

No.

+3
That's not unusual after the initial excitement of the IPO has waned.

reply