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Facebook shares reach new low; $50 billion in market value lost

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08 Sep 2012 14:11 #100116 by chairman
Facebook shares scraped a new low Tuesday.

The new drag on the already leaden stock: Analysts from two of Facebook’s largest underwriters on its botched initial public stock offering cut their price targets.

The Morgan Stanley and JPMorgan Chase analysts also reduced their revenue projections.

Shares closed down nearly 2%, or 33 cents, to $17.73 as some on Wall Street, floored that Facebook has shed $50 billion in market value in just three months, said they feared the company's stock is nowhere near bottom.
Always tell someone how you feel because opportunities are lost in the blink of an eye but regret can last a lifetime.
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08 Sep 2012 14:14 #100117 by chairman
Scott Devitt, an analyst with Morgan Stanley, Facebook’s lead underwriter, cut his price target on the Menlo Park, Calif., social networking giant for the next 12 months to $32 from $38. He also warned that shares could fall as low as $17.
Doug Anmuth, an analyst with JPMorgan Chase, cut his price target even more drastically, to $30 from $45.
Always tell someone how you feel because opportunities are lost in the blink of an eye but regret can last a lifetime.
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09 Sep 2012 11:31 #100139 by chairman
This Is How Facebook Is Spying On Your Internet Activity read.bi/P5MBAN
Always tell someone how you feel because opportunities are lost in the blink of an eye but regret can last a lifetime.
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  • mapoui
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09 Sep 2012 11:39 #100143 by mapoui
good! eff facebook.  mek dem go bankrupt and off the net!

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09 Sep 2012 11:41 #100144 by chairman
:grin:
Always tell someone how you feel because opportunities are lost in the blink of an eye but regret can last a lifetime.
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10 Sep 2012 12:44 #100219 by gtcrickfan
Click.adds don't work ad execs learning quickly eff of FB

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  • SCA
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10 Sep 2012 12:46 #100222 by SCA
Devil..how you doing bro???

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  • gtcrickfan
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10 Sep 2012 14:34 #100267 by gtcrickfan
hanging in there the little one started school today. And you ?

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10 Sep 2012 14:49 #100271 by VillageBelle


nooooo.... i use FB all the time to stay in touch with famo who are scattered all over the place!

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10 Sep 2012 14:58 #100275 by ketchim

Great stuff ...get her all the Chinese Abacuss et cetera ...

PM me the Bill for all " learning tools "  :cool:

                   

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