Maybe the stock will flop and that will make me laugh because I think the whole Facebook thing is exaggerated and overrated. I mean there were loads of sites doing pretty much the same thing before Facebook got popular.
International Level: New Activist / Political Participation: 18 1.8%
I will be looking out to see how Facebook stocks go tomorrow. The market isn't very good right now because of the issues in Europe so it was a bad time for them to bring out their stock.
International Level: Junior Politician / Political Participation: 71 7.1%
What Facebook is rallying on is their international presence so they saw their stock zooming because it would be more than just US traders looking for Facebook assets.
International Level: Politics 101 / Political Participation: 5 0.5%
Facebook shares crash below IPO
After going public on Friday at $38 a share and peaking at $42, Facebook stock fell below its offering price on Monday and is now trading at $34 a share. On Friday, Glenn warned that the record setting $110 billion valuation of Facebook by JP Morgan Chase was a scam. Glenn senses something very wrong with the way the Facebook IPO unfolded, and the ties between Facebook, JP Morgan, and the White House make it all the more alarming. Ref. Source 3
Facebook stock continues to flop. Naive stock holders who bought in at a high price probably have Mark on their 'I hat you' list.
International Level: Politics 101 / Political Participation: 5 0.5%