PUBLIC OPINION > Facebook Stock Is the End of Zuckerberg's Reign
SodaHead News
2012/06/01 17:00:00
Mark Zuckerberg was all smiles when Facebook launched its IPO at $38 a share last month. But when prices dropped below $28, he was immediately ousted from Bloomberg's Billionaire Index, which lists the 40 richest people in the world. Does this mean Zuckerberg's days at the top of the social media food chain are through? Will he soon be replaced by MySpace 3.0? We asked the public.
It's a close call, but the public does not see good things in Zuckerberg's future. It's not like he's going to be out on the street or anything -- in fact, now that he owns millions of shares in the company, his wealth is more tangible than ever. But the drop does demonstrate a real lack of faith in the company's growth potential, which means Facebook could soon go the way of MySpace (and Zuckerberg the way of Tom). Although, the stock did take a leap toward $30 Thursday afternoon...
The Big Money's on Mark
Despite the lack of faith, voters who make more than $75,000 a year are putting their money on Facebook. Not literally, at least not that we know of, but they were far more likely to put in a vote of confidence. The stock did go up again on Thursday for the first time in a week, which is a good sign. Hey, the stock market's a crazy game. It's not over 'til the fat lady sells!
Teens Think It's the End
Leave it to the teens to sock it to Facebook. Teens were more eager to see the end of Zuckerberg's reign, probably because Timeline did their heads in a bit. Voters over the age of 55, on the other hand, kept cool and admitted that Zuckerberg could stay on top, though only by a small margin. Lucky for Zuckerberg, those teens probably aren't playing the market. Not yet, at least.
Smokers Shut Him Down
There was a lot of pessimism going around, but none were so sure as the smokers. Three-quarters of the smoking population was convinced it was curtains for Zuckerberg. Why is that? Could it be that smokers are a little more cynical in general? It fits a stereotype, but we couldn't say beyond the implications of this poll. Maybe their friends keep posting pictures of them with cigs in their hands on Facebook.
If you'd like to vote on this question, dig deeper into the demographics, or engage in existing discussion about the topic, visit our poll about Mark Zuckerberg. We'd love to hear from you!
I was sure that stock would plummet, and, with that IPO, I'm sure they were counting on it plummeting, so they could make money and buy their shares back from those who got cold feet about it WITH THE MONEY THEY SOLD IT FOR!!! If the business is stable and profitable to begin with, an IPO ...
I was sure that stock would plummet, and, with that IPO, I'm sure they were counting on it plummeting, so they could make money and buy their shares back from those who got cold feet about it WITH THE MONEY THEY SOLD IT FOR!!! If the business is stable and profitable to begin with, an IPO that tanks can be MOST PROFITABLE, because shares will recover and the business will not be badly damaged by it, and trust me, stupid people will stay stupid, and even smart people are stupid enough, and that's facebook's commodity people, stupidity. And trust me that is a very valuable commodity and an abundant one too... and stocks will tank every time the major shareholders sell off, allowing them to buy back their own stocks with the money they sold it for, at a profit. See the pattern?
This guy explains it better than I do.
http://www.youtube.com/watch?...
I don't like Face Book but I do like how it brings people together.
I don't like having people I can hardly remember contact me.
To many people praise success of money and not the value of the person.
The problem with Facebook is that it needed to IPO when subscribers were at 200 million people, then it would have gained value and optimism as it went higher and higher in subscribers. It seems like the company is perceived as a company that has already at its max or at its top. Facebook stock as of yet has no derivative contracts or options chain so the shorts have not come in yet, it could go lower when this happens.
A company like Facebook at this point’s fate lay in the hands of its ad sales department.
Mark needs to move into that department if not already and live there till sales double and triple. Another problem with Facebook is that it is so big; the world economy can affect it a great deal. Facebook relies on the buck or two every person on Facebook is worth and if they are not spending the money, even 2 billion subscribers will not help. If I were Mark and I wish I were, I would do a stock split and try to get small investor’s money to get the stock into an upward motion. Right now, what ever rich people that bought it are selling out of fright or just taking profits.
Try this....................drive your welfare-chevrolet to the edge of town and just step to the other side and see the big picture!
I am still working in Alaska after beating cancer. You can stick your CTS-V up your ol lady's FAT-ASS!