Facebook IPO

[Sean88gt]

You keep spouting this "dunken cockjockey", yet you must be confused that I am not my brother, and you've never met me. But I can see how you watched something on tv, thought you might sound smart by typing it on the internet, then failing miserably.

He saw a story about a Blansett on Fox news, I'm sure you can forgive the confusion.

[Nash B.]

$38 to $4 bucks. That can't be good. lol

I realize I'm a few weeks behind in remedial English, but where's the question?

[MattB]

I was asking questions, douchebag.

Okay, drunken cockjockey!

[Steve]

You keep spouting this "dunken cockjockey", yet you must be confused that I am not my brother, and you've never met me. But I can see how you watched something on tv, thought you might sound smart by typing it on the internet, then failing miserably.

I was asking questions, douchebag.

[bcoop]

[MattB]

Go fist fuck yourself you drunken cockjockey. The TV was just playing where I was at the time and that was the segment they were playing at the time.

You keep spouting this "dunken cockjockey", yet you must be confused that I am not my brother, and you've never met me. But I can see how you watched something on tv, thought you might sound smart by typing it on the internet, then failing miserably.

[Steve]

Steve,

Stick to shit you know about, like other people's cars, and let the big boys talk about the market. And Jesus fucking christ if you watch Fox News for stock market info!

Go fist fuck yourself you drunken cockjockey. The TV was just playing where I was at the time and that was the segment they were playing at the time.

lmao!

[MattB]

Steve,

Stick to shit you know about, like other people's cars, and let the big boys talk about the market. And Jesus fucking christ if you watch Fox News for stock market info!

[Lason]

Interesting.



I realized where I got the $38 figure from, it was the opening share. I guess they were expecting some high opening cost and didn't get it only to drop from there.

So what does this mean for the company at $4 a share?

It dropped $4/share (more specifically $4.20), its not valued at $4.

[Zfan]

Low to mid teens is a fair value

[YALE]

Interesting.



I realized where I got the $38 figure from, it was the opening share. I guess they were expecting some high opening cost and didn't get it only to drop from there.

So what does this mean for the company at $4 a share?

It's not at $4 dollars a share. It's at $34.71 right now.

[Sean88gt]

Interesting.



I realized where I got the $38 figure from, it was the opening share. I guess they were expecting some high opening cost and didn't get it only to drop from there.

So what does this mean for the company at $4 a share?

At day 2, not a damn thing.

[Steve]

There is no drop in value, just a drop in what people will pay for the shares. There is a big difference.

Interesting.

It was overvalued to begin with. Propped up by a ton of media hype. Once major investors got out, people are going to start questioning the valuation a little more.

I realized where I got the $38 figure from, it was the opening share. I guess they were expecting some high opening cost and didn't get it only to drop from there.

So what does this mean for the company at $4 a share?

[exlude]

So why the sudden drop in value?

It was overvalued to begin with. Propped up by a ton of media hype. Once major investors got out, people are going to start questioning the valuation a little more.