Facebook is losing advertisers because nobody is making money from their adverts. GM and Ford were two large advertisers, GM already dropped them and Ford is supposed to drop them too.
I don't think Ford is that big of a deal to anything any more. Or GM for that matter. In fact they have determined the latest generation of drivers delay in purchasing vehicles. Anyone have a taurus?
ya, to me, it seems like it one of those business models that we'll all be laughing about in a few years. the groupon thing baffles my mind & is nothing but a turd & always will be...they will dissappear soon.
It's a big deal because they generated a lot of advertising money for facebook. Which will soon be finished.
I don't understand if the demand for the stock is so high then why wouldn't it make sense to try to get in at the low end and sell right away? Meanwhile they were supposed to open trading for it at 11.
I guess that's always been my philosophy of the stock market but they make it so complicated I feel lost!