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Speck Tater

(10,618 posts)

4. The stock market used to be a place...

Reply to marmar (Original post)

Fri May 18, 2012, 04:00 PM

May 2012

... to rsasie money for growing a new company, or expanding an existing one.

Now mature companies that don't actually need money to grow with are IPO'd for the sole purpose of putting cash in the pockets of the owners.

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Facebook underwriters prop up stock as it nears break-even mark [View all] marmar May 2012 OP

... Skinner May 2012 #1

The muppets are becoming self-aware. n/t girl gone mad May 2012 #2

LOL Canuckistanian May 2012 #21

They are probably shoveling this crap exboyfil May 2012 #3

What you said. But they can't prop it up for long. DCKit May 2012 #6

Yes and I am sure the common man is going to pay exboyfil May 2012 #11

The stock market used to be a place... Speck Tater May 2012 #4

That cant be right! Facebook has a surefire business model! Warren DeMontague May 2012 #5

Selling ad space and users personal information to anyone with $$$$. DCKit May 2012 #7

Yeah, i know. Warren DeMontague May 2012 #8

Click-through rates on FB's ads are abysmal though. NYC Liberal May 2012 #17

It's so damn easy to make money these days, as long as you already have some. joe_sixpack May 2012 #9

Even more so... Ghost Dog May 2012 #16

Facebook is fading, and fading fast. Woody Woodpecker May 2012 #10

Bought for $580m, sold for $35m: Murdoch cuts his MySpace losses. shimonitanegi May 2012 #23

Heh. Scurrilous May 2012 #12

Idiot bait IPO. HopeHoops May 2012 #13

Good. Fuck everyone involved. RagAss May 2012 #14

This stock was totally over hyped by the media. NCarolinawoman May 2012 #15

It's pretty hard to find someone who is really hot on this stock. Prometheus Bound May 2012 #18

Selling personal data to marketers is profitable. Dawson Leery May 2012 #19

"prop up"? Canuckistanian May 2012 #20

I saw a poll right here on DU saying that 50% of Americans think FB is a fad. TheManInTheMac May 2012 #22