Seeking Alpha

In spite of today's rally, Facebook (FB -5.6%) is falling to new post-IPO lows in early trading,...

In spite of today's rally, Facebook (FB -5.6%) is falling to new post-IPO lows in early trading, and is once more taking related names down with it. ZNGA -3.9%. SVVC -1.6%. GSVC -2.3%. Investor unease with Facebook's reported plans to become a smartphone vendor could be playing a role, but the company's still-high valuation is a more likely culprit.
From other sites
Comments (13)
  • Mbrillo1
    , contributor
    Comments (415) | Send Message
    Add to this down list: LNKD,YELP, GRPN, P.
    These stocks are certainly NOT in play at this time.
    So what will turn them around?
    Probably decent earnings reports, some exciting news, or time.
    Beware of the companies that are not in an excellent financial position,
    these will not survive.
    29 May 2012, 11:05 AM Reply Like
  • Mbrillo1
    , contributor
    Comments (415) | Send Message
    LNKD did turn around today. Up $1.41.
    29 May 2012, 04:08 PM Reply Like
  • spald_fr
    , contributor
    Comments (2807) | Send Message
    If we all would simply "like" FB by thumbs-upping their website, we'll drive their worth up, up, up.


    That's the way FaceBook works, isn't it?
    29 May 2012, 08:11 PM Reply Like
  • jamesbwood
    , contributor
    Comments (306) | Send Message
    Depends on what you mean by "turn around"
    29 May 2012, 08:40 PM Reply Like
  • Matthew Davis
    , contributor
    Comments (4566) | Send Message
    LOL, tech bubbles.
    29 May 2012, 01:41 PM Reply Like
  • hsoneji
    , contributor
    Comments (17) | Send Message
    Bail out when you can .. this one is going down to $19
    29 May 2012, 02:16 PM Reply Like
  • Mbrillo1
    , contributor
    Comments (415) | Send Message
    I'll bet that you are as rich as Croesus with such foresight.
    29 May 2012, 03:53 PM Reply Like
  • Econdoc
    , contributor
    Comments (2944) | Send Message
    about $40 bill is the right number for this


    29 May 2012, 06:28 PM Reply Like
  • JohnLocke
    , contributor
    Comments (381) | Send Message
    The Sheep get fleeced, The classic Pump and Dump.


    The insiders are laughing all the way to the bank,


    In the future people are going to understand that there information no matter how trivial is what makes them a commodity and they will control it.


    The more they control it the less facebook grows.
    29 May 2012, 09:30 PM Reply Like
  • jstratt
    , contributor
    Comments (3295) | Send Message
    A huge pump and dump and some allegations of fraud which look very plausible.


    The people who bought FB are probably not capable of managing money. I hope the pathetic group is able to get compensated if others were told of downgrades and they were left to hold the bag alone.
    29 May 2012, 09:45 PM Reply Like
  • inkongtang
    , contributor
    Comments (4) | Send Message
    Does anyone know how to short-sell or long put-option of Facebook shares ?
    30 May 2012, 01:07 AM Reply Like
  • paidfor
    , contributor
    Comments (9) | Send Message
    Facebook management is not dumb ! They understand the vakuation issues, they also understand the market competition along with the direction into the future in technologies.
    They have the wealth and the ability to generate wealth and popular technology's. Some of that may come through acquistion and some from their own invention. FB is a huge corporation, young and brash with some vulnerability, they are surrounded by much negitivity but as yo can see they are not being daunted by it, they are moving forward at a neckbreaking pace. Expect much from this corporation.
    30 May 2012, 05:57 AM Reply Like
  • Matthew Davis
    , contributor
    Comments (4566) | Send Message
    Keep telling that to yourself as you watch your money evaporate.
    30 May 2012, 09:20 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs