Smooosh is the sound your stock price makes as it is still busy sinking… Analysts predicted that Facebook would trade between 28 and 32 us$ per share, and the stock did hit us$32, then us$31 then us$30 then us#29 then us$28, so all is fine right?
Nope.
Smooosh, Facebook stock hit us$27 and then hit us$26 – where is it going to stop? Who knows. Nobody is buying facebook shares at the moment and if you are selling you are selling for what you can get…
Soon we will hear the ‘skadonk’ (or more educated sounding: ‘thud’) when the Facebook stock hits rock bottom, but where that will be, even the analysists has given up guessing…
In other Facebook news, Facebook is now displaying mobile adverts, yes, right there in your news feed. And that is not all, there is indeed more: You can buy these ads directly from Facebook, mobile advertising on the go.