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Facebook debuts, social-networking stocks fall

Quote:

Facebook debuted on Wall Street on Friday with arguably the most high-profile initial public offering in history, but the lackluster trader response raised questions about how deeply investors are prepared to embrace social media.Facebook's stock gained slightly during the day, but also helped drag down prices for the handful of other social-networking firms that were already public. Trading on gaming site Zynga, which uses the Facebook platform and depends on the social-media company for its revenue, was halted twice after its stock plummeted about 13 percent."The market was very surprised that the Facebook pop was so tepid," said Sam Hamadeh, chief executive officer of PrivCo, which tracks private firms.Nevertheless, Facebook immediately signaled that no matter what the financial experts thought, the company is going forward with its "move fast and break things" philosophy. Not 30 minutes after the market closed came news that Facebook had made its first purchase as a public company, buying a social and mobile gifting service called Karma Science.

http://www.sfgate.com/cgi-bin/articl...MNJ91OK7IG.DTL

Note: Saturday, May 19, 2012

:up:Waiting for Facebook OS and then the empire of evil will be complete......http://www.shugashug.com/wp-content/...l_facebook.jpg

Think about it logically:
Facebook is worth 100 billion.
That means, each user is worth 100$.

I genuinely do not believe that we are worth 100$ each, after all, I have only clicked on Ads on facebook ONCE.

It just might end up like these guys:http://www.zdnet.com/photos/tech-ipo...allery/6364428

Derivatives are a much more attractive purchase, just ask the big guys. :D

Anything that is traded on the stock market is not really worth it - all directions. From oil to money itself, it just gets more expensive by the second without being based on reality. It is just hype played by professional and criminal gamblers.

How to make money from nothing that makes money, the world has truly gone bonkers. :doh:

Wait a minute their is something...Your information! :o :stare: :shifty:

When the service is free, the customer IS the product being sold. :yep:

Facebook founder Mark Zuckerberg upgrades relationship status

Quote:

Facebook founder Mark Zuckerberg has ended a hectic week which saw his company valued at £106bn after a stock market flotation by getting married.

He wed his long-time girlfriend Priscilla Chan, 27, in a ceremony at his home in Palo Alto, California.

Chan also had a busy week, graduating from medical school on Monday, as Zuckerberg marked his 28th birthday.

The guests believed they were going to celebrate Chan's graduation - but found they were at a wedding instead.

The wedding ring, a "very simple ruby", was designed by Zuckerberg.

http://www.bbc.co.uk/news/world-us-canada-18135564

Note: Update record, 20 May 2012 Last updated at 02:16 GMT

Din't he make some sort of comment calling people stupid BLEEPS for showing the world personal info. :hmmm:

Seem to recall reading some where on the Internet.

When it comes to money, so taken all necessary steps to reach the top...:arrgh!:

Overhyped, over-valued, and considering that they produce no real value, no goods, no lasting qualities, facebook is a symptom of how ill our economy works and how ill it already is beign designed.

If we make such a celebration of a stockmarket entrance like this, and in the hype rate it as more valuable than Mercedes, Siemens and some third German major industry player all three together, then this tells me that our system is on autopilot to self-destruction.

Bubble-burst likely to be ahead. I will have no compassion with those who bought.

Tomorrow's stock market, will ensure that the shares will be "normal".

Possibly Zuckerberg, he's married ;)

Quote:

Originally Posted by Tribesman (Post 1886247)

Anyone for tulips?

No thanks. I don't grow things I can't eat or smoke