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re: Sign in here if you bought shares of FB

Posted on 5/21/12 at 4:52 pm to
Posted by Scoop
RIP Scoop
Member since Sep 2005
44583 posts
Posted on 5/21/12 at 4:52 pm to
Like I've been saying, we are about to see FB break the seal on ads for mobile FB, which is a gigantic source of ad revenue that they have left completely untouched.

We'll see how that goes.

The IPO raised a ton of cash for FB so they won on the $38 price but it was too high too.

$23 to $28 is probably a good place for it to settle and then we'll see what it does. It only held $38 Friday because it was floated by the underwriters so it's gonna find it's real price now.
This post was edited on 5/21/12 at 4:55 pm
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