So I have been following the facebook stock...

[Javaman]

for lo this past week.

yes, it's a trainwreck, but anyone paying attention would know this would happen when you try to offer up stock for a company that doesn't do anything other then being a self sustaining ego factory.

That aside, it appears as if it's struggling to stay above 30. I have a feeling if it falls below that number, it won't be pretty.

I don't have a horse in this race. I don't have any stock in FB, I am just watching much like one drives slowly past a car wreck.

[lukkadairish]

1. Yep, thats the way it looks to me as well...

I manage Facebook pages for a couple of civic and other organizations.....either I am paranoid or since the stuff went public, Facebook is agonizingly slow to post up, and the time it takes for photos and links to load is about as fast as my childhood pet turtle..

[woodsprite]

2. Pet turtles are faster! n/t

[mercuryblues]

3. I noticed that as well.

On top of not being able to post links and getting their "oops we're sorry something went wrong. We are working to fix that."

[HopeHoops]

4. meh. I'd rather watch the grass grow.

[Speck Tater]

5. This IPO was just a way for the founders to enrich themselves...

...at the expense of the suckers. In that it succeeded. Who care what happens next? Money was taken from the middle class and transferred to the rich. Mission accomplished. End of story.

[Harmony Blue]

6. This is very true

Not only that but the short sellers are having a field day now. If you know a little bit about the stock market it was a clear trap, but most people don't so I feel really bad the predatory capitalists made out like bandits once more. The media is pretty guilty in this shell game to be honest.

[Mosby]

7. It's down 8.6% right now, to $29.15

Couple articles I read from investment "experts" put the real stock value between $9.50-$12.50 per share.

Right now the p/e is over 75, which is just ridiculous.

[Nye Bevan]

8. Stocks can go down as well as up.

Imagine how these "investors" would have been gloating, and congratulating themselves, if they had doubled or tripled their money.