FB proved incompetent leadership even before their IPO. Imagine if on the day of the IPO FB announced the purchase/takeover of RIMM and NOKIA. How much would the share be worth if that sort of tactic was used and action was taken? I am sure we would be talking about FB in the $80 with also a minicollapse in GOOG and AAPL shares. I advice small businesses and for what suppose to be one of the future biggest company to handle their IPO with such an incompetence is unbelievable and honestly is an indicator of a...
Bank of America (BAC) downgraded to Sell
An imediate sell.
Potential buyers need to be very aware of the financial situation of this company and a number of other salient realities which are conspicuously absent in their recent campaign to boost the share price. Contrary to what one commentator on this site said, this is not a company that Lynch would consider for a second. He did not achieve his considerable success by ignoring the fundamentals and buying on hype. For example, their financials paint a very disturbing picture. The company has been losing money at an...
FriendFinder Networks IPOed on May 11: since then, the stock has fallen more than half in price with little support evident in any form.
Footlocker has not been doing so well in this low economic time. They will continue to do poorly until the economy turns around