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$31 and falling. Ouch.
Andrew Curtis's profile photoNicola Taylor's profile photo
yeah not great. But I read that when Google floated, their stocks did nothing for the first couple of months and only then did they start to grow.
Its value did seem a little high in comparison to that of Google and Apple. A few traders feel that a fair price would have been $16-$24. I'm sure Facebook will have a few things up their sleeve.
they better, although I am not sure its users would tolerate anymore advertising. I think a whole new revenue model needs to be explored! Something opt in!
It will be interesting to see what happens in todays trading given the news headline that a US stock market watchdog has launched an investigation into the overvaluation.
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