Facebook (FB -4.9%) tumbles to new lows; shares are now down 42% from their $38 IPO price. The...

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benito67 Comments (58)
 
Well I certainly have been zucker punched..he made his billions and could care less about stockholders...he should have stayed private...but then he wouldn't have been a multi billionair
31 Jul 2012, 12:02 PM Reply Like

Mike Maher Comments (1767)
 
Zuckerberg was a multibillionaire anyway, based on private trading, even before the IPO. And since he still owns 28.2% of the stock, with it down 42% from the IPO, he's lost about $10 billion in worth, so I doubt he's thrilled with the stock's performance.
31 Jul 2012, 02:02 PM Reply Like

22muffin Comments (3)
 
he does not care
31 Jul 2012, 02:22 PM Reply Like

benito67 Comments (58)
 
no he doesn't he got his.....it's the 1 % mentality...I GOT MINE
31 Jul 2012, 02:38 PM Reply Like

bosco115 Comments (194)
 
This has nothing to do with the 99% or the 1%. This has everything to do with an overhyped stock that you (and you alone) decided to purchase. You bought into it, hoping for an easy pop and a quick sale, and you got burned.

You have nobody to blame but yourself for investing in this overvalued, overhyped pig. Take personal responsibility and strive to do better next time. End of story.
31 Jul 2012, 06:20 PM Reply Like

watchlist@me.com Comment (1)
 
Bosco, I think you are missing the point. Of course no one put a gun to my head and forced me into the purchase of this stock. The problem lies in the fact that the company fundamentals were last minute revised and obscured for the public but not to some institutional investment firms. That, and apart from Nasdaq technical issue on order confirmations- is where the problem resides. If the company's revised outlook would have been made public by the 3 underwriters, (as it should) I certainly would not have engaged into any FB trade.
1 Aug 2012, 05:09 AM Reply Like

DanoX Comments (928)
 
KNN
31 Jul 2012, 03:21 PM Reply Like

slim6744 Comments (6)
 
I always thought that the PURCHASE of Facebook shares was the BIGGEST CON GAME since the INVENTION of the INTERNET. I said this A MONTH AGO......and FINALLY...people are starting to REALIZE I was right "on the money".

That CEO, "Zukie" is really a TECHIE, and not a BUSINESSMAN, or someone with the KNOWLEDGE to MONETIZE his company. Just because a company is POPULAR....does not mean "it will make money" for it's INVESTORS. I am NOW talking about APPLES and ORANGES, "Popularity" DOES NOT necessarily mean PROFITABLE.

And INVESTORS are finally "getting wised up" to this joke of a company. And especially being run by a "newbie" or someone "still wet behind the ears".

Remember this: when buying a company like FACEBOOK, all the "red flags" are plainly VISIBLE for everyone to see.
31 Jul 2012, 03:22 PM Reply Like

Chris Lau Comments (1135)
 
What's more frightening? That (i) SA alerts rose to 7,500 for this company, or (ii) the relentless massive share dilution?

Disclosure: Published a 'sell' on (FB) on 31/5/2012.
31 Jul 2012, 04:22 PM Reply Like

DanoX Comments (928)
 
A newbie worth billions, live and learn.
31 Jul 2012, 04:59 PM Reply Like

winningtrader Comments (2265)
 
Looks like it is going to $5. The valuation is absolutely ridiculous + insiders will be selling like there is no tomorrow.
31 Jul 2012, 07:26 PM Reply Like

winningtrader Comments (2265)
 
But not to worry. 1 month ago the MS CEO promised that FB would need some time but would be back at 38 in 1 year (11 months from now). MS is a very clever and intelligent investment bank and they should know.
31 Jul 2012, 08:20 PM Reply Like