Facebook is selling stock!
I've been hearing all about this lately. Unfortunately little people like us don't have a chance to buy their stock, at least not for awhile. 
Plus it sounds like a risky investment to me. They are going to have to keep expanding and crazy rates in order to produce the money they projected.
(I could be wrong about the details though, I don't really keep up with stocks and how they work.
)
Plus it sounds like a risky investment to me. They are going to have to keep expanding and crazy rates in order to produce the money they projected. (I could be wrong about the details though, I don't really keep up with stocks and how they work.
)
~*~StrongNChrist, November 22, 1991- March, 25th, 2011~*~
It's been all over the news for weeks. Last I heard it was not doing all that well.
"Nearly all men can stand adversity, but if you want to test a man's character, give him power." Abraham Lincoln
Yeah it’s been everywhere for a while. I waited to post until they were actually on the market. 
It opened at $38 and closed at $38. It sure did not live up to all of the hype.
"Nearly all men can stand adversity, but if you want to test a man's character, give him power." Abraham Lincoln
-
Astronomer
- Catspaw Rocks!
- Posts: 808
- Joined: March 2012
- Location: Dark Town, Ri'an
What would you be buying a share of? Would you get a share of the advertising cash? 
My blog: http://www.jessericebooks.blogspot.com Where I talk about stuff and the book(s) I've published.
I have no idea. GM pulled its ads from FaceBook last week.Astronomer wrote:What would you be buying a share of? Would you get a share of the advertising cash?
"Nearly all men can stand adversity, but if you want to test a man's character, give him power." Abraham Lincoln
I read that Zuckerberg made about 19 billion dollars off his stock.
Jerk. He should donate it to me.
Jerk. He should donate it to me.
he/him | a little stinker.
-
Stop Wooton' Around
- Wooton rocks!
- Posts: 1682
- Joined: August 2009
- Location: College
Yes but it set a record for the most stocks traded on a company's opening day.Laurie wrote:It opened at $38 and closed at $38. It sure did not live up to all of the hype.
-
Parker Family
- Smile for the camera
- Posts: 1203
- Joined: February 2011
And to me as well. I second that he is a jerkSteve wrote:Jerk. He should donate it to me.
-
Jehoshaphat
- Someone's favorite
- Posts: 1574
- Joined: November 2011
- Gender:
The priest did his homily on how the person who came up with Facebook had to betray his best friend and is now doubting the existence of God it is really sad.
Unicorns exist... they just got fat and now we call them rhinos.
My online family