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More from Mark Zuckerberg: He once more claimed a Facebook phone doesn't make sense, in spite of...
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Tuesday, September 11, 2012, 5:49 PM ETMore from Mark Zuckerberg: He once more claimed a Facebook phone doesn't make sense, in spite of rumors (I, II) that it's building one. He also mentioned Facebook is handling 1B queries/day, and suggests Facebook will eventually build a search engine. Many have called on Facebook to enter the search market, and Microsoft (MSFT) execs reportedly once floated the idea of selling Bing to Facebook, only to have Zuckerberg turn them down. Should Google (GOOG) be worried? FB +3.2% AH. ZNGA +2.9%.
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This news story has 12 comments:
m shortong long term as well. There will be a BILLION shares unlocked by November. Econ 101 - what does that do to a stock ?
you cannot apply trending analysis to an IPO. You need, IMHO, at least a year of data to determine any movement forecasts.
also, the fact that within 6 months, billions of more shares are going to hit the market is pure common sense. i dont call that bullish - i call it foolish.