DislikedQuite amazing watching everyone on CNBC make excuses for Facebook closing roughly unchanged. The only reason that FB is positive for the day is the fact that the underwriters are intervening at the $38 level......
Risk off.Ignored
Unlike the others they're also a one trick pony so far, they have only one leg to stand on. If Google+ had succeeded Facebook could have been wiped out, I know it failed, it was just an example of how vulnerable they are. I wouldn't buy Facebook currently.