Will Facebook Shares Continue to Drop?
SodaHead News
2012/05/29 18:28:59
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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?

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?

Top Opinion
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El Prez 2012/05/29 18:31:21Yes






















Advertising is volatile income (i.e. GE drops out ~ others follow, stocks drop) and free Social media is useless as it provides no profit.
Try again when you get rubber back on the road.
There are too many fools voting in this Nation and too many cowards in the Government to fix the problems. The prime example is the election of 2008. Americans elected a radical rookie in politics with absolutely no executive experience. No one vetted his associations or even his writing or they would have seem this coming.
So save me speech. I know the functioning of the Government with respect to the Economy much deeper that your little rant can encompass.
Besides this is a discussion about people buying a stock with no physical items to support its value.
THEN you get to this.......If you PLAY the stock market you are risking your money. That is how it has always been!! The more risk the more you should stand to gain. But we have all been taught in the liberal school system that life is sunshine and lollipops and there is NO risk that the gov will not protect you from.
Are you kidding me? This is exactly the thing that caused the dot com crash in the first place!!!
BTW I have a standing buy order for 5 million shares but at the price of 5 cents a share ! LOL
If the public is losing interest as I am and the company is only interested in cashing out, this stock is a loser.
I'll hope so anyway.. this whole facebook concept from Mark Zuckerberg© is getting seriously out of hand!
F*ck F*cebook