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Facebook Falls to Under $20 per share
Google Finance ^ | August 15, 2012 | Me

Posted on 08/16/2012 12:33:57 PM PDT by C19fan

The worst IPO evah continues not to disappoint. It has fallen below $20 a share. Just a reminder the IPO was at $38 and it popped to $42 on post-IPO. SUCKERS!

(Excerpt) Read more at google.com ...


TOPICS: Business/Economy
KEYWORDS: facebook
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1 posted on 08/16/2012 12:34:01 PM PDT by C19fan
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To: C19fan

Am I one of the few who enjoy watching it fall and cheering for it?


2 posted on 08/16/2012 12:37:11 PM PDT by 4rcane
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To: C19fan

Actually, somebody bought at $45.


3 posted on 08/16/2012 12:37:15 PM PDT by Cowboy Bob (Greed + Envy = Liberalism)
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To: 4rcane

You are not alone. It’s a cesspool of histrionic narcissists.


4 posted on 08/16/2012 12:38:04 PM PDT by Cherokee Conservative (If a tree falls over in the woods, and then snaps back upright as a joke, do the squirrels laugh?)
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To: 4rcane

I do not own any stock directly but I keep an eye on this POS and get a chuckle.


5 posted on 08/16/2012 12:38:40 PM PDT by C19fan
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To: C19fan

it appears they’ve found the “Don’t Like” button


6 posted on 08/16/2012 12:42:28 PM PDT by Buckeye McFrog
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To: C19fan

It will probably continue to drop as more and more people continue to back off from joining socialist networking sites.


7 posted on 08/16/2012 12:42:51 PM PDT by FlingWingFlyer (Had enough of the freaks running the show yet?)
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To: C19fan

Gov. Moonbeam was counting on 1.9 billion in taxes from Facebook to balance the CA budget. Ooops....


8 posted on 08/16/2012 12:43:08 PM PDT by Huskrrrr
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To: C19fan; 4rcane

Maybe “Big-Bother-Cam” is an epic failure after all? The Germans and the Irish think so...


9 posted on 08/16/2012 12:45:46 PM PDT by Old Sarge (We are now officially over the precipice, we just havent struck the ground yet)
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To: C19fan
Didn't George Soros just buy up a ton of Facebook? Maybe the decline in price was his doing.

Regards,
GtG

10 posted on 08/16/2012 12:47:56 PM PDT by Gandalf_The_Gray (I live in my own little world, I like it 'cuz they know me here.)
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To: 4rcane

>> Am I one of the few who enjoy watching it fall and cheering for it?

Nah, you’re just one of many mean-spirited schmucks full to the gills with schadenfreude.

Like me. Care for some popcorn? :-)


11 posted on 08/16/2012 12:48:21 PM PDT by Nervous Tick ("You can ignore reality, but you can't ignore the consequences of ignoring reality.")
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To: Nervous Tick; 4rcane

” >> Am I one of the few who enjoy watching it fall and cheering for it?

Nah, you’re just one of many mean-spirited schmucks full to the gills with schadenfreude.

Like me. Care for some popcorn? :-)”

I figured the stock to be worth 11-16.00 a couple of months ago, and I’mm sticking to it. I find it odd that Soros is buying, but he and Buffett are both old now, and both are making mistakes.


12 posted on 08/16/2012 12:51:45 PM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: Nervous Tick

“Nah, you’re just one of many mean-spirited schmucks full to the gills with schadenfreude.”

That would be a great tag line. :)


13 posted on 08/16/2012 12:52:20 PM PDT by C19fan
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To: 4rcane

Did I read that george soros bought up a bunch of facebook stock recently?


14 posted on 08/16/2012 1:05:28 PM PDT by Bitsy
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To: Bitsy

Soros has a substanial position in Facebook. He must be thrilled.


15 posted on 08/16/2012 1:08:25 PM PDT by DrDude (Paralegal vs. Paramedic ? Whats the difference!)
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To: C19fan

I guess the “lock up” ended and insiders are now allowed to sell — and probably are selling given the price action. I’m sure the insiders are still raking in millions, but not as many as envisioned just months ago.


16 posted on 08/16/2012 1:12:53 PM PDT by ReleaseTheHounds ("The problem with Socialism is that eventually you run out of other people's money." M. Thatcher)
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To: C19fan

Farcebook, like AOL, will be acquired and then disappear into never, never land.


17 posted on 08/16/2012 1:13:14 PM PDT by harpu ( "...it's better to be hated for who you are than loved for someone you're not!")
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To: C19fan
How can a business built on 13 year old girls posting about their most recent bowel movement, and playing Angry Birds not be a company worth at LEAST $75 Billion. /s/
18 posted on 08/16/2012 1:13:52 PM PDT by Jim from C-Town (The government is rarely benevolent, often malevolent and never benign!)
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To: Cherokee Conservative

It is not.


19 posted on 08/16/2012 1:16:04 PM PDT by ichabod1 (Spriiingtime for islam, and tyranny. Winter for US and frieeends. . .)
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To: C19fan

Facebook is evil and is receiving its just reward.


20 posted on 08/16/2012 1:17:10 PM PDT by upchuck ("Definition of 'racist:' someone that is winning an argument with a liberal." ~ Peter Brimelow)
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