Yesterday, Facebook closed below $26 for the first time. Where do you think Facebook is headed from current levels? We appreciate your business and your viewpoint, so please vote and leave your comments on Facebook right here.
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Adam
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Facebook is heading for the doomdocks .the people that thought this up .crazy crazy.
When it hits $1.50 a share, it will reverse split and be renamed "Assbook".
Facebook is and will be even more overvalued as competition comes on line. All snooping and tracking will definitely trigger a major setback once the users wake up from their fascination with overexposure of excessive personal information. The effectiveness of advertising on Facebook is also in question. My best guess for a fair stock price is five bucks or below.
If the underwriters don't support it over the next few weeks, it could end up like the IPO for GM . Other hot IPO's in social media sold off right along with Facebook. These include Zunga, Groupon, and Linkedin. This is another bad sign for the overall stock market.