Rob_Quads
Member
Registered: 29th Mar 01
Location: southampton
User status: Offline
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and down they go...... -11%!!
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Dom
Member
Registered: 13th Sep 03
User status: Offline
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It was getting propped up on Friday, so we wouldn't have seen the proper bottom but i'm still surprised it's fallen, thought it would be on the up due to the hype of the floatation.
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Bart
Member
Registered: 19th Aug 02
Location: Midsomer Norton, Bristol Avon
User status: Offline
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quote:
Originally posted by Dom
It was getting propped up on Friday, so we wouldn't have seen the proper bottom but i'm still surprised it's fallen, thought it would be on the up due to the hype of the floatation.
Nope, and I think its going to keep falling. They've flooded the market with shares and diluted everything
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Steve
Premium Member
Registered: 30th Mar 02
Location: Worcestershire Drives: Defender
User status: Offline
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im bringin them hoes out and im bringin them hoes in, fuck the stock market im down with the cock market
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Aaron
Member
Registered: 9th Aug 04
Location: Cottingham, East Riding
User status: Offline
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Oops
http://www.bbc.co.uk/news/business-18180861
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Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
User status: Offline
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They're pissed off its over-valued or pissed off they didn't notice 
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Rob_Quads
Member
Registered: 29th Mar 01
Location: southampton
User status: Offline
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Pissed off because there were reports that it was over-valued but the report was not made public when it should have been, essentially resulting in a form of insider trading
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Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
User status: Offline
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I knew it was so I'm curious how they didn't.
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emicen
Member
Registered: 26th Jul 10
Location: Glasgow
User status: Offline
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quote:
Originally posted by Rob_Quads
Pissed off because there were reports that it was over-valued but the report was not made public when it should have been, essentially resulting in a form of insider trading
Anyone with half a brain knew they were over valued. I dont make my money trading stocks and shares or buying and selling companies but its pretty simple:
- $100bn valuation requires $25-30bn profit per annum
- Facebook's profit last year, $1bn
The market value was held up last week because every dafty with a computer now has access to share trading facilities so they all wanted a piece of facebook chanting "look at google, look at apple," whilst completely ignoring the maturity of their business and growth models driving it.
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