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Facebook (FB -2.4%) continues to fall as the blame game starts over responsibility for its 11%...

Facebook (FB -2.4%) continues to fall as the blame game starts over responsibility for its 11% slump yesterday. Among the chief names are Morgan Stanley (MS), the lead underwriter; Nasdaq (NDAQ), for the tech problems on Friday; and of course Facebook. Among the criticisms: the price was too high and too many shares were sold.
Comments (2)
  • Among the criticisms: the price was too high and too many shares were sold.
    your kidding, FB has nothing, 700 million people talking about nothing playing games. The day after the superbowl costs employers 10 billion dollars on workers calling in sick,coming in late and wasted time talking about the game. How much do you think the economy loses because of wasted time on FB???? If FB trades off everyday, it can only be a positive for the market, why...........because maybe investors will invest in companies with real assets. And the hilarious part is wall street made the creators of this circus billionaires, that figures.
    22 May 2012, 08:40 AM Reply Like
  • well said rjj!!!!

     

    i mentioned in another thread..there was a hilarious panel on cnbc (which i admit is a guilty pleasure for me) that talked yesterday about whether the deal was "overhyped"...

     

    tomorrow they will discuss whether the sky is blue..
    22 May 2012, 10:03 AM Reply Like
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