Home › Forums › Financial Markets/Economics › Is Facebook IPO more like Google or Groupon? › http://www.zerohedge.com/news
http://www.zerohedge.com/news/teenbook-fb-drops-under-20-first-time-ever
facebook falls below into the teens.
F ninaprincess had $20K, now she has 10k and the stock hasn’t even hit lockup.
I suspect that a lot of options holders are now underwater, and people with restricted shares will try and dump now before it goes tits up.
if FB is faking it’s revenue with bots and is in free fall it could end up a penny stock.
funny it went from IPO to shreholder lawsuit in 48 hours, now, it could go from IPO to delisted before the restricted shares start to trade.
