How many people have a morbid curiosity about Facebook stock?

[d/dx+d/dy+d/dz]

I am torn between sympathy for the small investors that bought into the IPO and fascination watching market insiders take their money.

[Brad]

The market's the market....everyone knows the risk...

[HD Rider]

I'm glad it tanked. The rich keep getting richer. All those damn Billionaires should donate to all the homeless shelters in America. If Mark whats his name has 20 billion dollars is he really going to miss 5 billion. Gates could donate 25 billiion and wouldn't miss it.

[linlyons]

I have looked.
And do feel sorry for the small investors.

AND, I think that way to many of those investors agreed, when they listened to Bush say that they knew how to invest their social security money better than the government does.

Edit, concerning the prior post.

http://www.gatesfoundation.org/about/pag...ation.aspx

<<From 1994 to 2006, Bill and Melinda gave the foundation more than $26 billion. >>

It's also interesting that Warren Buffet did not claim a tax credit for his donation.

Edit again: The IPO worked out really well for the corporation.
They got 25% more money than they were planning for because of the extra stock added the last week.
It didn't work out well for investors, neither those that bought the stock, nor the company folks that got it as part of the deal. The biggest loser was probably Zuckerberg. Not only has his stock lost 20%, but the image of the company has taken a market beating.

[SSF Tofudebeast]

Morbid curiosity for sure. I do like watching a good train wreck.

I don't know enough about it to tell if small investors were truly scammed or not. From what I can tell, IPO's have been a huge money-making scheme for a long time now, and it finally blew up with Facebook. Maybe that's for the best. It seems like the hype was getting out of control, and not enough people were looking at the financials to see if FB was really worth it. Maybe we needed a good lesson like this.

[John W]

Sorry, I thought it was a comedy.

[Miles]

Money making money on only money is unsustainable and so much of we call productive is nothing more than just that.

[Bobby Tangeray]

It's not over yet: http://www.roberttanguay.com/news/facebo...fail-scam/

The founders still have to sell their shares.

[LOL]

u guys are missing the grand scheme of things (the main point)

[Bej]

Morgan stan CEO said that anyone expecting a pop were naive and they were thinking long term when they valued it at 38. He hopes to be in the 40 dollar range in a year from now