Three months after the IPO in the technology sector in the U.S. stock market, shares of Facebook reached a new low at position 19 dollars per share. When it was first offered to the public, its stock is priced at 38 dollars per share.

Although then Facebook share price strengthened to be 20.01 U.S. dollars, the purchaser of shares, while clearance premier stock exchange still big losers. According to the analysis says there can be no change directions quickly. Some investors are still looking to sell Facebook shares they hold.

Millionaire Peter Thiel who invested stake in Facebook in 2004 selling nearly 80 percent stake in Facebook that he has. The average price of a sold Thiel Facebook shares valued at 19.73 U.S. dollars. With these sales figures, he's still a profit. When releasing the shares to the public last May 18, Facebook earned fund of 16 billion U.S. dollars and its market value reached a fantastic amount, 104 billion U.S. dollars. This raises the hope of a new booming dotcom in the U.S.

Business Facebook is promising with as many as 900 million users. But some analysts say the number of shares released, the high prices and a weakening economy, these factors have reduced market support to the company.

Meanwhile, Michael Pachter of Wedbush Securities said that in the long term, stock trading depends on the business fundamentals of the company. According to him, Facebook is still very positive fundamentals. They are considered too much stock in one shot, before the market is ready to absorb.

Facebook's share price dropped to the 30's dollars a week, after a floor on the stock. Problems are compounded by the underwriters who face charges, due to lower earnings estimates Facebook a few days before the IPO.

Facebook shares then fell in the range of 20 U.S. dollars per share in July, when Facebook announced a quarterly report that are not so encouraging. Last Thursday, when the ban on selling shares to investors pre IPO eliminated, prices continue to be depressed as much to sell their shares.

Currently, analysts are still debating whether Facebook's stock is currently trading based on earnings potential. Supply shares too much not too significant. Observers of social media, Lou Kerner also ignore the sales pressure. Even a professor of finance at University of New York, Aswath Damodaran said that Facebook will determine how the mobile phone becomes an advantage.

Post a Comment

 
Top

Powered by themekiller.com