Discussion on:

Facebook under fire, under water: Investor lawsuits

I'm honestly amazed at How a billionaire like facebook ceo Mark,Z. , Knowing about and living through a recent historic catastrophic wall street collapse, Why?. It just boggles the mind and more because of the elite investors advantage and exploitation stradegies. Clearly It's not wise to gamble away your lifes saving and amazing money generating proven platform. Yet the most interesting thing is facebook itself, a rather large entertianment, gossip community explioting everything from street brawls to homicide; suicides and other strange anomolies. Besides all the day to day gossip, i "liked" this page myself btw; Where was everyone few years ago people lost their entire life fortunes and savings?. Didn't the wall street collasp demonstrate anything to people. These stock market guys are sinister stradegist, individuals who fill their pockets come hell or high water. Yes woe to Facebook they should've learned by now..

I am not an advocate or something of Facebook, but think its too early to decide that its a collapse situation. The fluctuation in stock prices is common and I expect this to be stable (or at least some favorable for share holders) in days to come. However, looking at the sudden fall of share value, $38 as an IPO was probably not a wise step.

a classic Pump-and-Dump. Except it was at the IPO.

There seem to be a lot of questions surrounding this whole matter. It will be interesting to hear the answers.

what about Goldman Satan ,JP Morgan ,AIG ,etc they paid pennies on the dollar in settlements wrecked the US economy and most of the developed world with their clever ponzi schemes got a get out of jail card taxpayer bailouts and are prospering at others expense the FB thing is nothing in comparison

Looks like there is more than one way to make money off Facebook. If the IPO purchase doesn't work-sue because they lied.

I find it more than a little suss that Zuckerberg cashed out / dumped $1 Billion worth of shares on the opening day.

Isn't this the same Mark Zuckerberg that was alleged to have stolen the whole Facebook idea from his friends / schoolmates in the first place?

His silence is deafing also.

Well people, when these sorts of investments come along, do as Public Enemy once did and "Don't believe the hype!".

But it was common knowledge before the IPO that Facebook was not meeting income targets because they had not yet figured out how to do ads on mobile. It was all over the web for weeks.
Anyone who missed it (and apparently that means people with money who apparently can't read) should lose money on this.

Facebook users are redirected through a hackers network this has been going on for almost a year now and facebook and or search engines do nothing about it it is a joke I'm filing a major lawsuit next week you investors got screwed....

They are not required to tell anything. It is the investors responsibility to dig up the issues if there is one.It is your bad if you invested and did not know what you needed to know.

Imagine thinking that buying shares at 100 times earnings in a company that doesn't actually manufacture anything will be the next "Big Score".
Well yes, FB is an advertising medium. So newsflash campers - there is so much advertising around that an awful lot of people are starting to simply ignore it. There's stupendous growth in that?
You didn't become rich overnight with FB?
Well "Boo-Hoo!", what did you expect?
So now it's everybody else's fault and your friendly litigator will make it all well.
Compared to all this foolishness, Disneyland is a real place and the "Market" makes Las Vegas look like a bunch of amateurs!
Interesting times indeed.......