Facebook Stocks

[Jesus Quintana]

The suit also took direct aim at allegations underwriters downgraded their revenue forecasts for Facebook, but only told a select group of clients.The true facts at the time of the IPO were that Facebook was then experiencing a severe and pronounced reduction in revenue growth,” the plaintiffs said in their lawsuit.

Do you mean skewing the P/E above 100/1? I think that anyone who bought up this crap got exactly what they deserved. Even BEFORE all this crap facecrack was a bad investment now even worse. I'll put money into it if it ever comes down to a reasonable price - around $6 per share.

 

[Jesus Quintana]

And the downward spiral continues.
Opens at $31.48, currently $30.30.

 

[blackram]

It's like kicking a dead horse now.

 

[Beast]

$28.89 now.

 

[Sexually Gifted]

Facebook smartphone to be 'released next year'

Social networking giant Facebook is to launch its own smartphone by next year, reports have suggested.
The New York Times cited unnamed sources, including Facebook employees, suggesting that the network had been hiring several smartphone engineers.

Facebook recently admitted it was struggling to make money out of its growing mobile audience.
The company, which recently floated on the stock market, has also just launched its own mobile app store.

The App Center currently offers links to Facebook-enabled apps within Apple's iOS and Google Android stores but developers will soon be able to write apps to be placed exclusively in Facebook's store.
According to the New York Times, Facebook has hired experts who worked on the iPhone and other smartphones.

It quoted a Facebook employee as saying the site's founder Mark Zuckerberg was "worried that if he doesn't create a mobile phone in the near future... Facebook will simply become an app on other mobile platforms".
Mobile moneyA Facebook smartphone has reportedly been in the works for some time.

In 2010, Techcrunch reported that Facebook was "secretly" building a smartphone - although this particular project is said to have broken down.
The company's desire to enter the smartphone market could be a result of increasing pressure to improve the potential of mobile to make money.

In a statement for potential investors ahead of its initial public offering earlier this month, the company admitted it had concerns about more users accessing Facebook through their mobile - a trend which could make it more difficult to sell advertising.
When asked by the BBC, a spokeswoman for Facebook said the company did not comment on speculation, and referred instead to a written statement.

"Our mobile strategy is simple: we think every mobile device is better if it is deeply social," the statement read.

"We're working across the entire mobile industry; with operators, hardware manufacturers, OS providers, and application developers to bring powerful social experiences to more people around the world."

https://www.bbc.com/news/technology-18234004

 

[Jesus Quintana]

They should just buy and fix RIM.

 

[Jetski]

[h=1]Facebook’s Zuckerberg drops off top billionaires list as shares keep falling.[/h]
He lost 2 billion in a week :shocking:

But only worth 14.7 bil :dontknow: :toocool:

https://www.thestar.com/business/ar...billionaires-list-as-shares-keep-falling?bn=1

 

[Jesus Quintana]

Poor bastard is only worth 14.3 billion now.
He better eat a bit more often at McDonalds.

 

[HOF]

Hahaha Zuckerberg! You lost 2 billion dollars in a week At 250.00 per hour that's 8 million hours with Toronto's finest sexual service providers, you dumb bastard!

A year has 8760 hours. Now let's multiply that by 30 years, so that is 262800 hours. That's enough for 30441 hobbiests to screw our brains out all day for 30 years!

 

[Jesus Quintana]

Hahaha Zuckerberg! You lost 2 billion dollars in a week .......you dumb bastard!

He did have it to lose which I would say is way smarter than anyone here for the moment.

 

[train]

Actually he didn't lose anything - it was never worth the extra 2 billion. That was just the underwriters guess......which the market corrected. The only people that lost were the people that bought at the too high price.

 

[God]

It hit a low of $27 today.

https://www.google.com/finance?client=ob&q=NASDAQ:FB

 

[McGuinty]

Now at $33.40.

Did you hear Microsoft bought Yammer?.

https://www.bbc.com/news/technology-18587600

 

[blackram]

Now at $33.40.

Did you hear Microsoft bought Yammer?.

https://www.bbc.com/news/technology-18587600

Just like when Facebook bought Instagram, I had to ask, "WTF is Yammer?"

 

[blackram]

Can't seem to find no love, even when it meets expectations:

Facebook shares hit new low on 1st earnings report since IPO - Business - CBC News

 

[Jesus Quintana]

$23.86.

This is slowly becoming the scam of the century. It deserves no love until it goes down to 10 or 9 bucks.

 

[Jesus Quintana]

$23.274

How low can you go?

 

[Curly]

Hey everyone, we're going to be deleting our Facebook page in the next couple of weeks, but we wanted to explain why before we do. A couple months ago, when we were preparing to launch the new Limited Run, we started to experiment with Facebook ads.

Unfortunately, while testing their ad system, we noticed some very strange things. Facebook was charging us for clicks, yet we could only verify about 20% of them actually showing up on our site. At first, we thought it was our analytics service. We tried signing up for a handful of other big name companies, and still, we couldn't verify more than 15-20% of clicks.

So we did what any good developers would do. We built our own analytic software. Here's what we found: on about 80% of the clicks Facebook was charging us for, JavaScript wasn't on. And if the person clicking the ad doesn't have JavaScript, it's very difficult for an analytics service to verify the click.

What's important here is that in all of our years of experience, only about 1-2% of people coming to us have JavaScript disabled, not 80% like these clicks coming from Facebook. So we did what any good developers would do. We built a page logger.

Any time a page was loaded, we'd keep track of it. You know what we found? The 80% of clicks we were paying for were from bots. That's correct. Bots were loading pages and driving up our advertising costs. So we tried contacting Facebook about this. Unfortunately, they wouldn't reply. Do we know who the bots belong too? No. Are we accusing Facebook of using bots to drive up advertising revenue. No. Is it strange? Yes. But let's move on, because who the bots belong to isn't provable.

While we were testing Facebook ads, we were also trying to get Facebook to let us change our name, because we're not Limited Pressing anymore. We contacted them on many occasions about this. Finally, we got a call from someone at Facebook.

They said they would allow us to change our name. NICE! But only if we agreed to spend $2000 or more in advertising a month. That's correct. Facebook was holding our name hostage. So we did what any good hardcore kids would do. We cursed that piece of shit out! Damn we were so pissed.

We still are. This is why we need to delete this page and move away from Facebook. They're scumbags and we just don't have the patience for scumbags.


https://www.digitalmusicnews.com/permalink/2012/120730facebook

 

[Jesus Quintana]

Facebook blows by previous low of $22.88 down to $21.66 down a further 6.43%.

And the day ain't over.

 

[Stan Lee]

$19.82.

Social networking giant admits that nearly 83 million of its users are fake.

https://www.itpro.co.uk/642103/facebook-shares-slump-following-fake-user-confession​