The IT Nerd

It didn’t take long for reality to set in for Facebook. As I type this at 11:10 AM, Facebook stock is down $4.55 cents or 11.9% of their value at open.  Clearly the hype has worn off. But personally, I think it might be a few days or even a few weeks before investors get a true sense of what Facebook’s true value is.

This should be interesting to watch.

This entry was posted on May 21, 2012 at 11:31 am and is filed under Commentary with tags Facebook. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.