back to article Facebook stock plunge halts - despite insiders being freed to sell

Facebook stock jumped 12.59 per cent yesterday despite early investors getting the go-ahead to offload millions of shares if they so wished. A lock-out period that prevented staff and others from trading their shares ended on the biggest block of Facebook shares yesterday. The time limit was put in place to give the social …

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  1. Esskay
    Facepalm

    Alternatively

    Their attitude might be "how much fucking worse can it get?" If you've still got stock after this long you might as well hold on and hope... Of course the intelligent thing to do would be to get out while they're still worth something - but these are Facebook investors we're talking about...

    1. JDX Gold badge
      FAIL

      Re: Alternatively

      Blah blah blah Facebook users are stupid, therefore Facebook investors are stupid because it's linked to Facebook.

      You must clearly be stupid too because your post contained the word Facebook. Oh no, now I am too.

      1. tath
        Trollface

        Re: Alternatively

        You are of course quite correct, investors in dotcom business have historically been extremely savvy, never once overvaluing utter bollocks with no revenue stream.

        1. JDX Gold badge

          Re: Alternatively

          Many dotcoms have gone massive. Besides nobody is criticising FB because they're a dotcom, but simply because they're FB. THAT is putting personal taste before business.

          1. Anonymous Coward
            Anonymous Coward

            Many dotcoms have gone massive.

            Name ten ("Kim" is not allowed.)

            All I can come up with is Google, unless your definition for "massive" differs considerably from mine.

            1. Cliff

              Re: Many dotcoms have gone massive.

              Boo, friendsreunited, myspace... c'mon you're not really trying here ;-)

              Actually Amazon do get a box-tick, ebay also, but then they both depend hugely on selling physical stuff.

  2. Longrod_von_Hugendong
    Facepalm

    Just look...

    At apple shares - wish i could back to 2000 and buy a few grands worth... will facebook do the same??? who knows.

    I can tell you this for free, hindsight is a wonderful thing.

  3. Khaptain Silver badge
    Devil

    Artificial increase maybe

    Have these shares been artifically increased by any chance, the brokers need the shares to be traded regardless of whether the price goes up or comes down ?

    Just a supposition.

  4. James Gosling
    Angel

    Blind Optimism....

    Blind optimism in the face of reality. One word pssst..... "Myspace" LOL!

  5. Bill Gould
    Devil

    "That somewhat steady price suggests calmer investors are hanging on to the stock to see if Facebook can translate its success on the web into mobile ad revenue, which is what it needs to survive as more and more of its users access the site on their phones and tablets."

    Except that on the web I block their ads, and on my phone and tablet the apps don't serve me ads. We'll see.

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