It's been 14 months since Facebook debuted on Wall Street and the company has finally rebounded to its initial public offering share price of $38. On Tuesday, the free content ad network's stock rose 7 per cent to $37.96 - just a whisker away from its 18 May 2012 IPO price tag. Facebook saw its shares hit repeated snags: first …
The market is desperate for winners. Everybody knows the increases in prices are just the result of The Fed pumping inflation into the stock market. They just don't want to admit it. And Facebook finally showed some promise that they might actually be able to generate positive cash flow from their mobile apps.
But I'd still wait another quarter of results before risking retirement money on it.
Beware beware the ides of
Pride before a
fall Wall Street collapse.
[Mike Myers] "Cor! This
coffee rebound smells like shit!"
And a multitude of other proverbs...........
I can understand speculation on the likes of coffee, sugar and tea, but Facebook is a whole other ballgame..... i will never understand the stock market...
I had pre IPO shares in Facebook, not going to divulge how...didn't sell when they opened and decided to ditch them a few months later when I was sure they were on a downward spiral. Now they've gone back up again. Fucking tech stocks...
It's not the tech stock
It's you misusing the stock market. The stock market is supposed to allow people to INVEST in companies, not speculate on them.
INVESTMENT : long-term placement showing belief and support of a company in hope of increased returns over the years
SPECULATION : fucking bastardisation of the system in hope of short-term benefit, economy and consequences be damned
- +Comment Trips to Mars may be OFF: The SUN has changed in a way we've NEVER SEEN
- Vid Google opens Inbox – email for people too stupid to use email
- Pic Forget the $2499 5K iMac – today we reveal Apple's most expensive computer to date
- Google+ goes TITSUP. But WHO knew? How long? Anyone ... Hello ...
- RUMPY PUMPY: Bone says humans BONED Neanderthals 50,000 years B.C.