Despite hype not seen since Google's IPO in 2004, Facebook's debut in the market has failed to impress investors with shares up just 2 percent as of writing.
Priced initially at $38, giving the company a value of $104 billion, the shares are now trading at $39, leaving the social networking giant with a $107 billion valuation.
Says one market broker: "We have got some unhappy guys ... [ read the full article ]
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I just so hate Facebook. Crappy content, lame games, a site that doesn't flow, friend hoarders galore and people trying to befriend you when in high school.............you hated them.
Now me..........I have 30 total friends, my shit's locked down tight and I changed my last name to make it very very very difficult for others to simply "search" me.
I just don't see the fascination of knowing "what others are doing now". Don't care much either.
Originally posted by hearme0: I just so hate Facebook. Crappy content, lame games, a site that doesn't flow, friend hoarders galore and people trying to befriend you when in high school.............you hated them.
Now me..........I have 30 total friends, my shit's locked down tight and I changed my last name to make it very very very difficult for others to simply "search" me.
I just don't see the fascination of knowing "what others are doing now". Don't care much either.
I on the other hand really enjoy facebook. Content is based off yourself and your friends more than anything. More interesting your friends are the less crappy. I personally enjoy connecting with people I knew from high school (so be it I was friends with a lot of them and I am in college now.
Fb for me isn't really locked. Friends of Friends can only find me and I really have nothing to hide or that could be used against me if others found out so I could care less if someone finds me.
I guess it's different by generations :D
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As for the IPO I don't think anyone was planning to actually hold out long with it. Quick buy, let it go up high and sell fast. Not a smart investment otherwise.
