Daily Archives: May 23, 2012

The true value of Facebook

Hello all you Angry Facebook investors. Are you having regrets now, buying into the hype that was the Facebook IPO? I’m not, and neither is the Angry Systems Administrator since we were smart enough to stay as far away from this disaster as we could. Since Facebook closed at it’s opening day’s astounding high of $0.23 share above the IPO price, the stock has plummeted like a rock. It closed today at $31 dollars a share. The IPO was for $35 dollars a share. Continue reading

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