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cthulu2016

(10,960 posts)
1. Why would it be the demise of facebook?
Tue May 22, 2012, 06:37 PM
May 2012

I'll bet it is possible to run a website just fine with $60 billion... or $10 billion... or even a measly $1 billion

 

virgogal

(10,178 posts)
2. Facebook wouldn't have lasted anyway. It's a fad until "the next big thing". I sure
Tue May 22, 2012, 06:38 PM
May 2012

wish I had invested in Google though.

 

teddy51

(3,491 posts)
3. Down $7.00 since the IPO, yikes someone has gotten killed on this thing. Wonder if
Tue May 22, 2012, 06:42 PM
May 2012

someone was shorting the hell out of it, or what? Sure glad I didn't have any money in it, thought about buying some but decided against.

Marie Marie

(9,999 posts)
4. Crap! Looks like I just lost as much as JP Morgan.
Tue May 22, 2012, 07:14 PM
May 2012

Now I have to join the underclass. Sometimes I'm glad that I DON'T have extra cash to invest in overhyped Wall Street bullshit.

johnnytoobad

(9 posts)
5. a stinker stock before the ipo
Tue May 22, 2012, 07:15 PM
May 2012

Warren buffet"no way to find true value"---- reports state that Facebook made no money on the deal,the initial investors sold shares. when this happens the people who buy in are left "holding the bag". that statement is true when the stock is down 15% from ipo price.(this is tues. 5/22). facebook is not expanding,it(growth) is slowing and may become stagnant. when you depend on people to give you information to make money your business model is in trouble. feel bad for those that got suckered in, i lost money in the internet bubble burst. i was here but i disappear

 

teddy51

(3,491 posts)
6. That's something that penny stocks are so famous for. Doesn't sound like FB shares are
Tue May 22, 2012, 07:32 PM
May 2012

worth the paper that they are written on.

Cayenne

(480 posts)
7. Facebook will go the way of Yahoo!
Tue May 22, 2012, 09:01 PM
May 2012

Yahoo should have taken Microsofts buyout offer. Yahoo! will be around for years yet but it is no longer an industry leader; they've topped out. Likewise Facebook will top out because they are not going to create anymore markets.

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