by leothekim on 8/31/12, 4:58 PM
Should someone add a FB ticker to the HN home page? :-D
But seriously, is there something about Facebook that hit the news that is leading to this drop and is worth discussing? Or is this just to spur some discussion on stock price speculation? If the former, what's the news? If the latter, what's the point?
by thejerz on 8/31/12, 3:43 PM
Can anyone clarify whether the IPO was technically at $38 or $42? On the day of the IPO, everyone in the press was saying the price was $42. But now a lot of the online charts (google finance, yahoo finance, etc.) are showing it opened at $38. Obviously there were a lot of technical glitches that morning. What is going on here?
by stevievee on 8/31/12, 4:03 PM
It is going to be a bumpy road if they miss future earnings estimates. Negative sentiment around this stock is strong.
by mkhalil on 8/31/12, 5:34 PM
I said it when it first IPO'd that this would be bad. Investors were looking at this company as they did many other things they invested in. What they couldn't understand is that IT IS NOT like the others. It is a social network. People tend to move on and get tired of them. I don't care what the numbers say, they could be misleading. I stopped going on facebook. And when I do go on, my 1000 friends or so don't have much posting going on. It has become pretty much a more popular version of photobucket or flickr. And when I go on, I don't get that "feeling" that I used to when I used to go on back in the days. A lot of my friends have deactivated and most others aren't on much. Unsuprisingly I might add.
by lanstein on 8/31/12, 4:00 PM
Compare that with SPLK. Apparently there's something to this whole 'build stuff people will buy' thing.
by 404error on 8/31/12, 4:57 PM
They should just start charging a couple of bucks a year to use the damn thing. They have so many users even if some drop off they would still be making money.
(I don't use it so it's easy for me to say)
by dkroy on 8/31/12, 5:20 PM
This makes me want to start buying up shares just so I could brag to friends saying I bought it when it was super low. Probably not a good reason, but the heart wants what the heart wants.
by 16s on 8/31/12, 4:07 PM
I plan to buy it if it falls to 4 dollars or less.
by colmvp on 8/31/12, 4:22 PM
by billpg on 8/31/12, 5:14 PM
If you thought $38 was a good price, this must be a good time to buy some more with the prices low.
by jahansafd on 8/31/12, 4:19 PM
Hmmm... Isn't facebook still growing? aren't they making money? aren't they expanding?
by dkroy on 8/31/12, 5:22 PM
At what price is everyone else going to be tempted into buying some shares?
by mp99e99 on 8/31/12, 5:11 PM
FB has 2.7B shares outstanding, yahoo and other sites have it wrong.