Will Facebook Shares Continue to Drop?

by SodaHead News Posted 2012/05/29 18:28:59

Related Topics: Facebook, Stock, Nasdaq, Mark Zuckerberg, Stock Market, IPO, Social Network, Faith, Correspondent, the social network, Media, Social Media, Zuckerberg, Delayed, Market

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	Yes	539 votes	86%
	No	88 votes	14%

Mark Zuckerberg had a huge smile on his face when Facebook launched itself into the stock market on May 18, but things aren't going as well as he'd hoped. The social network's IPO was set at $38, and after hitting a quick high of about $45, shares have fallen below the $30 mark. It dropped nearly 10% on Tuesday, threatening to exacerbate the downward trend.

Analysts are blaming the drop on a variety of things, from a Nasdaq software glitch that delayed trading by 30 minutes, to Zuckerberg's lack of an MBA. Many are suggesting the company's potential for growth is limited. BBC technology correspondent Russian social media executive Pavel Durov tweeted, "The IPO of FB destroyed the faith of many private investors in social networks." Do you think the shares will continue to drop, or will Facebook be able to turn the numbers around?

+21

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El Prez 2012/05/29 18:31:21

Yes

+13
Who wants to buy something that is overpriced and over subscribed?
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More polls by SodaHead News

Badger 2012/06/05 18:44:12

Yes

Seriously people thought this would be a profitable investment.

The old Adage hold true "A fool and their money are soon parted!"

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Chris Tate 2012/06/05 17:46:33

Yes

But because Facebook popularity is fading

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PAUL F 2012/06/05 16:39:56

Yes

For the time being! I think we need to see there first quarter!

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Steve Johnson 2012/06/05 03:20:07

Yes

No way Facebook shares are worth $38 - the IPO was way overpriced.

And we all thought that the dot.com mania was so 20th Century

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Frank55 2012/06/04 19:56:04

Yes

Everyday there is some news what was leaked to big investors, not enough advertising for it to be sucessful ect. How can it not go down. Glad I did not get on that speed wagon.

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stevegtexas@aol.com 2012/06/04 17:48:04

Yes

Being a guessing man, i would say yes, facebook stock will continue to drop as the, "hype" dies down.

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Dee4Him 2012/06/04 14:15:29

Yes

+1
Facebook: Where are the revenues? Who did the valuation? Are these people all nuts?
Mark Zuckerberg had to be sued by past business associates and his best friend in order for him to do the right thing financially......he now has "what goes around comes around" back at him. He can still live on millions regardless......money is his GOD!

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thє вlu... to Dee4Him 2012/06/04 17:56:44
gaylehelen 2012/06/04 10:48:27

Yes

+1
Yes, it was overpriced to begin with and had already reached it's peak in popularity. I don't think Facebook will ever be as big as it was before it hit Wall Street. That in itself turns a lot of us off. I never joined and never will, now.

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ragaggaga 2012/06/04 09:28:28

Yes

+1
i hope he is forgiven the sin of greediness!

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Babacool 2012/06/04 08:31:49

Yes

+1
The folks begun to see the real face of Facebook. It's a system, earning money with using it's clients personal information, photos, music, web address. I am blocked by Facebook because They asked for my telephone number and I didn't give!
Give minimum information about yourself to Facebook...

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niki to Babacool 2012/07/28 17:18:23

+1
Good advice.

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Bob DiN 2012/06/04 06:40:04

Yes

I'm sure they will. Facebook is an overpriced stupid company providing a gossip service.

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Phyl *In God i Trust* 2012/06/04 06:35:32

Yes

+1
COULD BE

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Gregortimski 2012/06/04 03:56:59

Yes

+2
As white genocide is discussed more and more,the future political and financial landscape becomes less and less friendly to the Old Guard.

The people who were complicit in the pushing of massive immigration and "assimilation" on ALL white countries and ONLY on white countries will be liable for big damages.

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thє вluє wαndєrєr 2012/06/03 20:59:25
Miss Mayhem ✗✗✗ 2012/06/03 20:38:44

Yes

+1
It won't get much better at all. Facebook's popularity status has dropped so low, everyone hates it and pretty much everyone on it is a hypocrite 'cause they agree. Nobody wants anything to do with it anymore.

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Chi~Cat 2012/06/03 18:29:21

Yes

+2
The decades biggest o-brainer beside Oblunder.

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Bob DiN to Chi~Cat 2012/06/04 06:41:18

It's hard to top Marxist Oblunder.

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Melvin Cownzowfski 2012/06/03 17:54:00

Yes

+2
Facebook is largely a huge waste of time and presents a high degree of possibility of personal security loss.

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pepper5419 2012/06/03 17:53:42 (edited)

No

+2
Eventually the bleeding will stop.How many people do you think will go to jail over insider trading? The GOP sent Martha Stewart to jail over it didn't they.

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Seeker of Truth - War Wizard 2012/06/03 16:04:07

Yes

+4
The problem is that their revenue stream is ephemeral. They don't sell a product that you can "own". Instead, they give away a free service, and make money based on advertising. I said it was overvalued at the IPO, and was proven right. It will probably drop a bit more, maybe down to around $22-25, and then level out. In the long term it may rise again, or it may fall, depending on what happens as technology continues to develop.

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mblack 2012/06/03 15:28:16

Yes

+1
How does facebook make money aside from advertisement? If they had a long-term business model the IPO would have been set much higher. I understand they used some weird math to determine how much each user is worth to an advertiser. In my opinion Sodahead could have revenue making potential than Facebook.I actually click on their ads from time to time.

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lonewolf 2012/06/03 12:55:31

No

+2
i hope not. i won't say how much but i did buy a bit of stock

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CAROLYN NTARWNJBS 2012/06/03 11:27:17

Yes

+2
Not sure but glad I'm finally off.

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aguster 2012/06/03 07:26:59

Yes

+4
Facebook sucks!

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gcpajunen 2012/06/03 01:19:12

No

+2
Heck let me look into my crystal.ball. Oops! Little cloudy right now maybe later it will clear up.

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Flamingolady 2012/06/02 19:25:57

Yes

+2
Seems as if it will.

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Sinpac 2012/06/02 17:39:16

Yes

+5
I could really care a less I have dropped my account with facebook because he left the country to avoid paying his fair share in taxes.

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Red 2012/06/02 16:34:31
mrsgera... to Red 2012/06/02 19:04:32

+6
WTH, this is about shares and Facebook! GOD!!!!!! are people turning every poll on Sodahead into 'I HATE OBAMA' or 'I HATE ROMNEY' campaigns??? I don't even live in America, so I don't care about Obama Or Romney. if you want to talk about this, why not do it on a political poll? Threre are enough of them out there.

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CAROLYN... to mrsgera... 2012/06/03 11:28:57

+3
The poster is a troll a moving from post to post.

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XENON23 2012/06/02 14:13:53

Yes

+5
I think the 20's at this point. I would think Facebook would be bought up by some thing like google if not it might be doomed in the long run unless the do some fast footwork and come up with more ways to hustle for cash flow. If they went with a basic 3 tier pay format where one could have a free account with ads, a little better account with a few ads and a full pay with no ads and kept a lot of good online games that can be played for free or pay (I think they do this now) it might help, but if a new site hit as a new fad then they might be in trouble.

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Temlakos~POTL~PWCM~JLA~☆ 2012/06/02 11:01:20

Yes

+2
Facebook relies completely on advertising, and Facebook users don't click.

Is anyone left on Facebook who still remembers what the name FarmVille stood for?

The really successful social network will always be LinkedIn. That's the network for hard-nosed businessmen and professionals.

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Shell 2012/06/02 08:13:29

No

+2
Who knows? As with everything else, Life continues and things change. I think he'll go with the flow. Can't hate him for making millions though. We all wish we could have thought of this now seemingly easy idea. People are still just coming to Facebook as soon are leaving, due to a lot of reasons I've seen which all are easy to be fixed but I think it's really a dislike for him, and an excuse for the Time Line? Really? It's really simple if you don't like it that much then stick with another site or way of communication, sometimes people put way to much thought in small things.

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historian 2012/06/02 05:43:10

Yes

+4
I think this was Mark's way of getting more money from a ship that is doomed to sink.

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Bob, the reasonable one 2012/06/02 03:51:04

Yes

+5
the price was ridiculously high...it will eventually find balance...but it will never get as high as when it started....

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VICTORIA 2012/06/02 03:22:53

No

+2
OMG- the owner of Sodahead really really hates ZUckerberg.

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Lisa 2012/06/02 02:12:42

Yes

+4
The market is dropping so Facebook will drop too. I personally thing it should have been released about 22.00 .. But what do I know!

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TikkiPurdy 2012/06/02 00:07:06

No

+2
Depends on what happens next, but I know that will be a good stock investment based on the popularity of Facebook. That's all people my age do!

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