Toreus

Surprised not to see a thread about this already. Anybody hanging on to stocks as they continue to plummet this week?

PapiTuyo326

My co-worker had an auto buy set and didn't update it in time. Bought quite a few shares at $42 on the first day... Glad I held out.

Duke Togo

Facebook is using the IPO capitol to pursue other avenues - it was just announced "hired more than six “former Apple software and hardware engineers who worked on the iPhone, and one who worked on the iPad.” this plus there purchase of instagram and the rumored purchase of the opera browser points to another google in the making with more focus on profits than freeware and the built in user base to back it up.

TougeS2k

good time to buy the stock now that its crashed??

kaansahbaz

Its still better idea to watch a little bit more, their P/E is super high! I would love to watch a little bit more before invest.

Will

I was stupid enough to buy on the first day. I had considered holding on until I'm in the black again, but this article is pretty spooky. Is it spooky enough to sell now, and take the loss? (I bought at $42)

Facebook stock price could be hit by torrent of new shares

Scot

^ WTF!!!!! Time to take my loss.... holy shit.....

Will

Shit is bananas. $19? Goddamnit.

Scot

i think i had $38 a share into mine and just sold it for about $20..... f@#k.....

japhethwar

Need some serious rethinking of you buying strategy if you even considered facebook a good buy. They have a shit ton of users but nothing else. Rueters had them at being worth only around 16 a share on opening day. Do a little research before you buy these overhyped crap stocks. Greedy, Greedy. Sell it now or later, doesn't matter. The money is already lost. Don't feel bad though, your only one of the million others who did the same thing.