Displaying items by tag: Stock Market
Wednesday, 15 August 2012 22:00
Can Facebook Pull Out Of The Dive It Is In Without Alienating More Users? We Doubt It
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When Facebook decided to go public we had a feeling that is was a very ill-conceived idea and that their tendency to do things that their users and lawmakers do not like would come back to hurt them. On the days leading up to the IPO there was a flurry of activity while people tried to get stock that they felt was going to be a goldmine similar to Microsoft or even Apple. On the other hand there were a few more level headed people that remembered the secretive way Facebook does things and knew that it was only a matter of time before the stock tanked.
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