Quote:
Originally Posted by Fighting Banana Slug
Quoting myself, but to those that thought shorting Facebook stock was a good idea please note:
June 25 $234.72
June 29 $209.50
July 1 $237.55
Facebook has done the absolute minimum and the stock bounced back in 2 days. I would argue they could have done nothing and they would have seen a similar bounce back. They have more than enough market power to withstand a temporary boycott from a few sponsors.
|
I'd still short them, facebook is way less relevant to my foster kids, few of them have a facebook page, it will go the way of Myspace in the end