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+--- Forum: Facebook Marketing (/forum-12.html)
+--- Thread: Are Facebook and the NASDAQ finally getting what they deserve for their terrible handling of the FB IPO? (/thread-122567.html)
Are Facebook and the NASDAQ finally getting what they deserve for their terrible handling of the FB IPO? - Keith - 03-28-2014 04:00 AM
http://www.google.com/finance?q=NASDAQ:FB
http://marketday.nbcnews.com/_news/2012/07/31/13050085-ubs-slammed-by-facebook-ipo-losses?lite
YA, if you had any experience with the stock market, you would know that most people falsely believe IPOs always skyrocket. My experience tells me to stay with stocks like Apple that are on a long upward trend.
- Greg W - 03-28-2014 04:13 AM
I think they got that more or less right away when the stock price started falling.
We will see what happens with Nasdaq..... but as for Facebook.... this is what the market ALWAYS does to companies who are hyped but have no REAL product or service. That being... reduce the price to what it ACTUALLY is worth. So yeah... they "deserve" to have their share price reflect that. And anyone that gambled that "a large customer base and no product" was a good for-profit business model are getting what they deserve too.
- Liberal Fascist - 03-28-2014 04:14 AM
How do you figure? Its is the investors that are getting the shaft. How could anyone think an over hyped website with limited revenue production could be a success in a financial market. Only idiots bought this dog (the same people that probably still use Myspace)