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Facebook Shares Fall
CNBC ^
| 21 May 2012
| CNBC Staff
Posted on 05/21/2012 8:34:23 AM PDT by WellyP
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To: WellyP
21
posted on
05/21/2012 9:09:53 AM PDT
by
Hatteras
To: WellyP
If you’re reading this Zuckerman, I know you’re on your honeymoon, but you have to pull out and get back to the office....NOW!
To: WellyP
Give it time it will hit $100. It’s just falling due to jitters but later on, watch out! Bang zoom to the moon. FB is the most popular website in the WORLD second only to Google, it has close to a BILLION subscribers and gets more everyday. I say it goes below $20 and stays around the teens and thats when Im buying.
23
posted on
05/21/2012 9:17:10 AM PDT
by
GrandJediMasterYoda
(Some day our schools will teach the difference between "lose" and "loose")
To: crosshairs
however at this rate and having to hold the shares for a set amount of time, they'll probably still end up losing big.Somebody bought into the hype. PT Barnum was right on.
You can't lose what you never had. Paper is just paper.
24
posted on
05/21/2012 9:20:07 AM PDT
by
Publius6961
("It's easy to make promises you can't keep" - B.H.Obama Feb 23, 2012)
To: P-Marlowe
If they want to restore good faith GET RID of TIMELINE!
25
posted on
05/21/2012 9:21:50 AM PDT
by
WellyP
(REAL)
To: WellyP
Looks like Tulips were a better bargain after all.
26
posted on
05/21/2012 9:27:51 AM PDT
by
PA Engineer
(Time to beat the swords of government tyranny into the plowshares of freedom.)
To: Publius6961
Somebody bought into the hype. PT Barnum was right on.PT Barnum didn't really say it.
http://www.historybuff.com/library/refbarnum.html
27
posted on
05/21/2012 9:31:07 AM PDT
by
submarinerswife
(Insanity is doing the same thing over and over, while expecting different results~Einstein)
To: WellyP
28
posted on
05/21/2012 9:41:39 AM PDT
by
hamboy
To: hamboy
I also hate the friggin Timeline and I laugh Facebook’s stock debut to scorn.
29
posted on
05/21/2012 9:43:49 AM PDT
by
aruanan
To: submarinerswife
“PT Barnum didn’t really say it.”
And the word gullible isn’t in the dictionary. It’s not. I just looked. Check it yourself. Go on.
30
posted on
05/21/2012 9:44:06 AM PDT
by
KingLudd
To: submarinerswife
Thank you. GREAT article. The fact that Barnum copied the giant and then claimed he had the real one and the other guy had the fake was hilarious. The guy was a born politician.
The lyrics from the first stanza of the musical “P T Barnum” are an accurate description of not only the FB IPO buyers, but also the obamaBots:
“There is a sucker born every minute
Each time the second hand sweeps to the top
Like dandelions up they pop,
Their ears so big, their eyes so wide.
And though I feed em bonafide baloney
With no truth in it
Why you can bet Ill find some rube to buy my corn.
Cause theres a sure-as-shooting sucker born a minute,
And Im referrin to the minute you were born.”
31
posted on
05/21/2012 9:50:09 AM PDT
by
Oatka
(This is America. Assimilate or evaporate.)
To: WellyP
sigh - I got stuck in meetings last week and forgot to short it...
32
posted on
05/21/2012 9:55:00 AM PDT
by
reed13k
(For evil to triumph it is only necessary for good men to do nothing.)
To: tcrlaf
It will eventually find its way to that value, after the issuers can no longer legally prop the stock, in a month.
The stupid muppets get fleeced again.Indirectly this time. The next wave of visible losses will be the broker who hyped this fraud. How many retirement accounts have real money interest in THAT loser?
Something will continue to hit the fan on this one.
33
posted on
05/21/2012 9:56:43 AM PDT
by
Publius6961
("It's easy to make promises you can't keep" - B.H.Obama Feb 23, 2012)
To: P-Marlowe; WellyP
If I recall correctly, they were targeting an initial offering of around 500 million shares. I’m not sure if that’s on top of what management assigned themselves in order to keep control...I think it was something like 57%. If that means they have another 500 million+ shares out there, or even if it means they have 260 million or so and they’re selling 240 million, then that’s the Mona Lisa question. It’s worth a fortune because there’s only one of them. Other than that it’s just a picture and WalMart has pictures for 19.99.
Hopefully, buyers aren’t pretending that they’re getting in on the ground floor of something with 250 million to 500 million shares out there to be bought.
34
posted on
05/21/2012 9:58:00 AM PDT
by
xzins
(Retired Army Chaplain and Proud of It! True Supporters of Our Troops Pray they Win every Fight!)
To: Ronald_Magnus
If youre reading this Zuckerman, I know youre on your honeymoon, but you have to pull out and get back to the office....NOW!Why? If he cashed out just 10% of what he got, he's laughing all the way to the bank.
Permanently.
35
posted on
05/21/2012 10:00:17 AM PDT
by
Publius6961
("It's easy to make promises you can't keep" - B.H.Obama Feb 23, 2012)
To: aruanan
I also hate the friggin Timeline and I laugh Facebooks stock debut to scorn. If you don't like the Timeline there's a way to disable it. It's working for me with Apple Safari browser, Firefox and Google Chrome but it doesn't seem to work for Microsoft Internet Exploder....
Go to http://timelineremove.com
36
posted on
05/21/2012 10:15:30 AM PDT
by
hamboy
To: Oatka; KingLudd
"History, unfortunately, has misdirected this quotation. Barnum never did say it. Actually, it was said by his competitor. Here's the incredible story." For the new generation, Barnum will live on getting credit for this saying. He had to have been studied heavily by the Dem politicians for his loose use of the truth.
37
posted on
05/21/2012 10:17:35 AM PDT
by
submarinerswife
(Insanity is doing the same thing over and over, while expecting different results~Einstein)
To: GrandJediMasterYoda
Give it time it will hit $100. Its just falling due to jitters but later on, watch out! Bang zoom to the moon. Old timers call that Whistling Past the Graveyard.
They've been proven right 95% of the time.
But what the heck. No guts no glory; go for it.
Spreading the wealth IS a good thing.
38
posted on
05/21/2012 10:23:49 AM PDT
by
Publius6961
("It's easy to make promises you can't keep" - B.H.Obama Feb 23, 2012)
To: submarinerswife
PT Barnum didn't really say it.Say what? Isn't inference a most powerful engine of thought?
: )
39
posted on
05/21/2012 10:27:53 AM PDT
by
Publius6961
("It's easy to make promises you can't keep" - B.H.Obama Feb 23, 2012)
To: WellyP
Redfacebook.
40
posted on
05/21/2012 10:34:34 AM PDT
by
EternalVigilance
(The saving of America starts the day conservatives stop supporting what they say they hate.)
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