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Facebook (FB -1.2%) declares it's "not in talks to enter into a new search partnership,"...

  • Monday, November 19, 2012, 2:20 PM ET
    Facebook (FB -1.2%) declares it's "not in talks to enter into a new search partnership," quashing speculation that a report from The Telegraph about partnership talks with Yahoo (YHOO +2.2%) suggests a search deal could happen. Mark Zuckerberg has been clear about Facebook's interest in search, but less so about whether he wants to build a full-blown Google rival or just a "social" search platform relying heavily on Facebook's data. Shares are underperforming today after rocketing higher following Wednesday's lockup expiration.
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    I do not understand why Facebook stock is doing poorly? It's here-say that is causing panic. One biased report, and people pull out. As long as Facebook continues to produce an income from ads, and as long as people keep their FB pages, I would say it should be a great stock to invest in. Maybe it's IPO started a bit high, but there are signs that the 23.00 range is beginning to show stability. We need to squash the rumors, and Mark needs to defend his company a little better, even if he needs to hire Donald Trump to be his spokesperson. Stop the speculations, and Facebook will be just fine.
    19 Nov 2012, 09:30 PM Reply Like
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