Ask HN: How low can Facebook stock go?

https://news.ycombinator.com/item?id=16680426

by rs86 • 8 years ago

5 10 8 years ago

news.ycombinator.com

Does anyone see this anti-facebook wave putting the company into oblivion and wiping most of its value?

pinewurst• 8 years ago

No - most of their users (or "used" as is more accurate) are either oblivious or ultimately not caring.

mgraybosch• 8 years ago

It's one of my fondest hopes right now.

I would pay for the privilege of seeing Mark Zuckerberg reduced to cleaning toilets and struggling to make his alimony and child support payments after Priscilla Chan dumps his broke ass and takes him to the cleaners, and indulging in the sweet, sweet schadenfreude.

cm2012• 8 years ago

It depends on FB engagement numbers. If they continue to rise, FB will rebound. If people really do stop using FB, hold on to your butts.my guess is that most people don't care though.

polote• 8 years ago

It will never happen, the Facebook stocks decreased mostly because the NASDAQ decreased, about the issue with leaking of users data, nobody cares except HN

sp527• 8 years ago

I don't know if this is the market reacting to user engagement so much as the perception of potentially increased regulatory scrutiny. If USG was doing it's job properly, Facebook's ability to monetize would be dramatically lower than it has been historically. That's the real 'danger' right now from the investor POV.

27182818284• 8 years ago

They'll be around for a while. They can lose half of all of their users and that would only reset them to like 2008 in terms of social networks--they'll still be the biggest. That's without counting Instagram and other user bases too.

rs86• 8 years ago

what if they post lower growth rates?

Someone1234• 8 years ago

Facebook is only at July 2017 levels. So they're not really what I'd call "low," they're just regressed to a price point from less than a year earlier.

Only really impacts short term investors and speculators.

freehunter• 8 years ago

And even if the stock went super low with the information we have today by some miracle where every investor takes a stand and refuses to buy, stock doesn't impact a company's operations. A lower stock price doesn't mean a company makes less money, and "wiping out their valuation" only hurts investors.

A company's accountant couldn't care less what their stock price is (unless the accountant owns that company's stock).

SirLJ• 8 years ago

0 is the lowest it can go...

Ask HN: How low can Facebook stock go?

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