Facebook Stock Surpasses $30 Ahead of Event

[zakislam]

Stock has fluctuated below $30 since social network's IPO.

Facebook Stock Surpasses $30 Ahead of Event : Read more

 

[dalethepcman]

Sell Sell Sell!!!!

 

[Ragnar-Kon]

Hey hey they're finally back up to their IP.... O wait, they're not.

Anyway, I doubt it is a smartphone, but at the same time I can't imagine what else it could be. So I guess I could be wrong. We'll see.

 

[anti-painkilla]

Have not really been following the stock price since it first started. Dropped from $100 to 17.55, the people who valued facebook for the IPO should be dragged infront of a court. I get that it is hard to value, but this is just shockingly bad.

To those investor who lost money on it, stick to what you know.

 

[bak0n]

Amount of ads clicked on in Facebook within my household. 0. Number of purchases made on facebook. 0.

I'm sure I'm not the only one that follows this trend.

 

[soundping]

I try to stay away from those social crack sites.

 

[blazorthon]

[citation][nom]anti-painkilla[/nom]Have not really been following the stock price since it first started. Dropped from $100 to 17.55, the people who valued facebook for the IPO should be dragged infront of a court. I get that it is hard to value, but this is just shockingly bad.To those investor who lost money on it, stick to what you know.[/citation]

The starting price for Facebook stock was $40. There were some people who made a ton of money from Facebook going up to $30 so recently. I almost made several hundred percent profit with some options, but missed the time-frame mark by a mere few days 🙁

Regardless, Facebook never should have opened as high as they did with how much stock volume they had. They're a company who doesn't really sell many physical products and their income, overall, seems difficult to predict/control. Just look at how Zynga has been doing. I didn't touch them at their IPO and I'm glad that I didn't.

 

[p05esto]

I seriously didn't think anyone used social media sites any longer, lol. What in the world is Facebook good for? Just go away already, god is it annoying to even hear that name anymore.

 

[chocostain]

It's a cycle. You lose some, but you gain a whole lot more. Don't lose faith! Buy more when it's cheaper. Be Blessed!

 

[hector2]

At $30, FB is still a junk stock based upon hype, not on revenue and earnings

 

[someoneelse]

Another potential announcement is a search engine.

good luck in doing a search engine better than google. Bing, Yahoo, Ask, Altavista, Aol all failed. Why facebook would succeed is beyond me.

 

[blazorthon]

[citation][nom]someoneelse[/nom]good luck in doing a search engine better than google. Bing, Yahoo, Ask, Altavista, Aol all failed. Why facebook would succeed is beyond me.[/citation]

Bing, Yahoo, and even several others are still here and have tons of traffic. They don't need to be the best to make money.