[1rudeboy]

Oh, the humanity!

[Timber Rattler]

The bubble is popping fast.

[tired&retired]

BOMBSHELL: Facebook Bankers Secretly Cut Forecasts For Company In Middle Of IPO Roadshow

Read more: http://www.businessinsider.com/facebook-bankers-earnings-forecasts-2012-5#ixzz1vbQcgYJ2

[Poison Pill]

Valued at the same multiple as Apple or Google and it’s under $10.

[Sudetenland]

I am amazed, after GM's announcement that they were dropping their ads from Facebook, because they were ineffective, that people still bought in. Facebook HAS NO PROFIT MODEL and is destined to fail as a commercial enterprise.

Had I the money and had the rules allowed it, I would have sold them short big-time. Never made sense to me once I heard what GM had to say.

[allendale]

General George Pickett and Mark Zuckenberg have much in common. Pickett’s charge market the high point of the Confederacy. Afterwards it was all decline. Similarily Zuckenberg’s IPO marked the high point of social medias economic potential. Face it. There is simply a limit to the effective marketing that can be done on these social media sites.Yet with 30 to 40 young people visiting these sites regularly, clever people should be able to make an economic success of Face Book at some level. However those who bought at the opening have clearly lost.

[andy58-in-nh]

FB's P/E ratio was over 78 at the end of business yesterday. Ludicrous. The company has produced earnings and does have some growth potential. But let the market clear out the amateurs and momentum-chasers first.

I'd consider getting in, maybe at around $10-$15. Even then, I'd like to see a better explanation of their revenue stream model for the future than what I've seen so far. I think their estimates of growth in brand advertising revenue is exaggerated, and other streams such as FB's virtual "currency" for on-line gamers is highly speculative.

[LS]

When all the adults started going to Facebook, it was no longer “the place.”

[ZX12R]

It is indeed looking like another bad day for FB. Premarket bid x ask prices are just under $33.00 and with seemingly many more looking to sell than looking to buy.

[mongo141]

It’s all about the money....everyone involved got scammed.

[bmwcyle]

The success of a company is offering a group of produces and services. This is a one hit company. If they are bought out by a larger entertainment company the stock has a chance of going up.

[Harley]

Underwriters manipulating stock. They should get Vince the ‘Shamwow guy’ to prop up their worthless stock.

[Qbert]

Now down 7.5%.

[RobinOfKingston]

Eduardo may need to become a naturalized US citizen so he can get a job and start over.