When will FaceBook stock start going back up?

[Christopher]

And why is it going down so far?

[pinkwave]

It's not going down. Infact it's going up, it's at it's peak right now. They just announced that it's worth 100 billion dollars!

Plus, almost every app + website is connected to facebook somehow.

[raysor]

When it's around $10

[Common Sense]

Seriously? With all the articles and news attention... you ask why is it going down. Worse... you think someone knows when it will go back up... how would anyone have a clue?

Facebook received a lot of hype...... people bought shares irregardless of whether the price made sense or not. This is typical when the market is made up of a lot of amateurs. Everyone expects the price to double in a day or two. When the majority expects one thing... mister market usually surprises in the opposite direction.

Many think the price won't make sense until the shares hits $20 or so..... When will Facebook go up?... when everyone expects it to go down much further.