>>>>>Undecided. put this here in news or under humour.
>>>>>
>>>>>Facebook shares now trading at 19.85, about 50% of the offer price.
>>>>>All that investor money just disappears like a popping soap bubble.
>>>>
>>>>For those who bought at $40 it would not be a "humour" :). I was reading this morning an article in WSJ about FB and thinking to myself.. "maybe now time to buy".
>>>
>>>I'd leave it a while yet. In fact I'd leave it full stop.
>>
>>I remember when BP was $36 and then $20 (approximately) and I was telling some friends that now is the time to buy BP. None of us bought it (I am good as advising but not doing it <g>). And BP now is $42.
>
>facebook is now 19.46 and there's more locked in shares yet to come. They'll be itching to sell.

Agreed. Only 60% of the locked up shares been unlocked, thus the drop to $19.
This article well summarizes the remaining lock up amounts and when they're clear.
http://www.bloomberg.com/news/2012-08-16/facebook-freeing-60-percent-more-shares-seen-weighing-on-stock.html

I wouldn't even think about a buy until November.