Facebook loses another $10 billion in value

**radio667** · 07-30-2012, 01:20 PM

from techeye.net ......... Now half of what it was worth in May

Investors have been giving Facebook a caning after its Thursday results and wiped $10 billion off the value of the social networking giant in the last few days.

If you hadn't listened to TechEye and actually believed that Facebook was really worth $100 billion in May, you would now have half the amount of cash you had invested.

After a whopping 17 percent slide, Facebook's market capitalisation is now $48 billion.

Those who see the glass half full can take satisfaction in the fact that CEO Mark Zuckerberg has lost $2.3 billion over the weekend. But that will not bring as much happiness to investors that it does to us.

Zuckerberg might be wondering what Wall Street is playing at. His company managed to beat revenue expectations. However the problem is still that he can't reassure investors about the company's future.

Those who invested in it thinking that the company was worth $100 billion expected that it would make record growth, something which was unlikely.

We have been consulting the tarot cards and think that Facebook shares will fall to around $21 before the company stabilises.

The poo will hit the fan on August 19 when some early investors will be able to sell shares, potentially flooding the market with stock.

Manticore · 07-30-2012, 03:39 PM

Which now means the stock is now beginning to reflect the true value of the company.

This will be like the IT boom.......... eventually when the stock market goes through another low value cycle the company will be worth nothing.

Bubble... burst.

Funny; when I Google searched for that photo the first auto-complete that came up after Internet Stock was........... Internet Stock Bubble.

There is no certainty in the marketplace............ buy real property

TexasGtar · 08-01-2012, 02:33 AM

So we should wait before we buy facebook until we hear the pop?

Manticore · 08-01-2012, 03:06 AM

Quote:

Originally Posted by TexasGtar

So we should wait before we buy facebook until we hear the pop?

It could be more of a crash than a pop................

***Creeper*** · 08-01-2012, 03:16 AM

Facebook does have value, but not in the numbers the IPO was hoping for. Luckily traders now lean more on numbers than hope, .. sometimes.

07-30-2012, 01:20 PM	#1
radio667 I R Happy Goat Join Date: May 2002 Posts: 10,755 Downloads: 2	Facebook loses another $10 billion in value from techeye.net ......... Now half of what it was worth in May Investors have been giving Facebook a caning after its Thursday results and wiped $10 billion off the value of the social networking giant in the last few days. If you hadn't listened to TechEye and actually believed that Facebook was really worth $100 billion in May, you would now have half the amount of cash you had invested. After a whopping 17 percent slide, Facebook's market capitalisation is now $48 billion. Those who see the glass half full can take satisfaction in the fact that CEO Mark Zuckerberg has lost $2.3 billion over the weekend. But that will not bring as much happiness to investors that it does to us. Zuckerberg might be wondering what Wall Street is playing at. His company managed to beat revenue expectations. However the problem is still that he can't reassure investors about the company's future. Those who invested in it thinking that the company was worth $100 billion expected that it would make record growth, something which was unlikely. We have been consulting the tarot cards and think that Facebook shares will fall to around $21 before the company stabilises. The poo will hit the fan on August 19 when some early investors will be able to sell shares, potentially flooding the market with stock. __________________ , "There is also a river called Helikon [in Pieria]. (...) But, they go on to say, the women who killed Orpheus wished to wash off in it the blood-stains, and thereat the River sank underground, so as not to lend its waters to cleanse manslaughter." —Pausanias, Description of Greece 9. 30. 8

08-01-2012, 02:33 AM	#3
TexasGtar Follow me on Assault Join Date: Apr 2004 Posts: 4,801 Downloads: 38 My Files: 3	So we should wait before we buy facebook until we hear the pop? __________________ "Somethings got to happen in a quarter of a mile"

08-01-2012, 03:16 AM	#5
*Creeper* Shock n00b Join Date: Jul 2001 Location: Wherever I may Roam Posts: 5,571 Downloads: 6	Facebook does have value, but not in the numbers the IPO was hoping for. Luckily traders now lean more on numbers than hope, .. sometimes. __________________ Frag hard, laugh harder.

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