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ha nice. seriously can't believe how many people bought in. total scam and anyone with half a brain should have been able to see that well before the ipo
Exactly, it was muppet bait, it should have never been offered for 38 bucks. But ah well i guess it's also the people who bought into its fault as well because there was enough information out there to warn them about how over valued it was.
fast becoming my MOST favourite person on WSO. srsly.
Obviously not enough people have bought FB given that its 15% below issue...
fucking brilliant paper trader over here acting like he's better than retail investors
I await the rain of MS on this kid
This 20/20 hindsight things upsets me
I'm not sure why, but this made me lol so hard.
The two people who tossed MS at me are just sore losers who bought shares
To be honest, you are one of the least intelligent posters on this site recently, and it seems like you have no finance-related background, intuition, or experience. That's fine if you are coming here to learn and ask questions, but it is pretty irritating when from your position of inexperience you make a post like this.
I don't see why people are so irritated by this post, I was just pointing out the obvious. The stock has tanked since it has opened (except for a small bounce today), the video above is merely a satirical depiction of the reaction of those who've bought into FB and lost ~10% of the value they have in the stock. I didn't mean to bother anyone with the post...
the problem is not the video. it's your 'tude
http://www.bloomberg.com/news/2012-05-24/facebook-investor-spending-mon…
'“The other half is now tanking,” said DiMaggio, who estimates his losses so far at $320. “It was really exciting in the beginning. I don’t gamble, and this is obviously a gamble.”'
O Rly?
"The 19 year-old student estimates he spent $8,000 more than he wanted to while repeating orders that wouldn’t go through on the first day, and failing to cancel them because of the technical problems."
No words for this real man of genius......
“It’s disheartening to know that things get over-hyped,” Cefalu, a 34-year-old data-systems manager who spent about $4,000 on the stock, said in an interview. “That’s about a 12th of my annual income -- so a month’s salary. I’m trying to do an on-my-own retirement kind of thing."
Hows that working out for ya?
This thread is hilarious. Just posting to follow it.
OP, did you short it?
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