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Re: Facebook trips Nasdaq circuit breaker

By: capt_nemo in ROUND | Recommend this post (0)
Tue, 25 Sep 12 6:17 AM | 21 view(s)
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Msg. 44266 of 45651
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weeeeeeeeeeeeeeeeeeeeee. I will stick with my $3 target.... And that's being generous....

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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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The above is a reply to the following message:
Facebook trips Nasdaq circuit breaker
By: Decomposed
in ROUND
Mon, 24 Sep 12 11:43 PM
Msg. 44260 of 45651

Market Pulse Archives

Sept. 24, 2012, 1:41 p.m. EDT

Facebook trips Nasdaq breaker, down 10%

By Benjamin Pimentel
marketwatch.com

SAN FRANCISCO (MarketWatch) -- Shares of Facebook Inc. continued falling Monday, tripping the Nasdaq's circuit breaker meant to shield stocks from manipulation by short sellers. Facebook was last trading down 9.2% to $20.76. The stock earlier fell by at least 10% from the previous session's closing price, triggering the Nasdaq system which imposes a restriction on prices at which a stock can be sold short. Facebook took a hit from a Barron's report arguing the stock is worth just $15.

More: http://www.marketwatch.com/story/facebook-trips-nasdaq-breaker-down-10-2012-09-24?dist=countdown


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