how about fb didn’t let wall street underwriters sucker them into this ipo. but, wall street suckers people in with companies that really are overhyped and don’t reflect the real value. jpm is still losing money, market cap, etc…ever since their flawed hedging strategy cost them 2 billion. but, wall street says they need to pay those bonuses to keep and attract talent. the same people who say they are struggling on 6 figure salary, and living paycheck to paycheck. the same people who complain that they had to drive 20 miles for 6 dollar salmon steaks and that their kids can’t afford to go to private school, and can’t go to their second beach house, and can’t buy the new mercedes s class.
Zuckerberg has not lost any MONEY. The VALUE of the stock he still owns has dropped, but the MONEY that he put in the Bank when he sold some of his holdings in the Facebook IPO is still sitting there.And it’s amazing the number of people who think, “Oh no! My stock lost money. I’ve got to sell it NOW before it loses more!”when they should be thinking, “Oops, I bought into the hype. Do I think that this stock will go back up given time?”If you sell now you lost money, if you wait, it’s an investment that may pay off.
josefw about 12 years ago
Stock went down again today, he lost tons of money that he probably did not deserve in the first place. No tears from me to him…
vwdualnomand about 12 years ago
how about fb didn’t let wall street underwriters sucker them into this ipo. but, wall street suckers people in with companies that really are overhyped and don’t reflect the real value. jpm is still losing money, market cap, etc…ever since their flawed hedging strategy cost them 2 billion. but, wall street says they need to pay those bonuses to keep and attract talent. the same people who say they are struggling on 6 figure salary, and living paycheck to paycheck. the same people who complain that they had to drive 20 miles for 6 dollar salmon steaks and that their kids can’t afford to go to private school, and can’t go to their second beach house, and can’t buy the new mercedes s class.
el8 about 12 years ago
how about a face off
Nebulous Premium Member about 12 years ago
Zuckerberg has not lost any MONEY. The VALUE of the stock he still owns has dropped, but the MONEY that he put in the Bank when he sold some of his holdings in the Facebook IPO is still sitting there.And it’s amazing the number of people who think, “Oh no! My stock lost money. I’ve got to sell it NOW before it loses more!”when they should be thinking, “Oops, I bought into the hype. Do I think that this stock will go back up given time?”If you sell now you lost money, if you wait, it’s an investment that may pay off.