"Facebook has suffered a serious blow to its glittering reputation when its share price slumped by more than 10 per cent in just two days of trading since the firm's landmark IPO last Friday.
And the pain could continue for the social network, as many analysts predict its value will continue to fall in the wake of the much-hyped but shambolic initial public offering of 421m shares.
It means Facebook founder Mark Zuckerberg, who made $19bn on Friday has since lost $2.055bn in the three days since.
One market expert even said there was 'no reason' to invest in the company, claiming that jumping on the Facebook bandwagon would be like 'catching a falling knife' - and that there would be 'no bottom' for the shares." -- Daily Mail website
My heart bleeds for him... what a shame. Arrogant f*ck. Social network sites existed before Facebook and loads of them have folded (probably because of Facebook). It will be interesting to see if their shares continue to fall... and if they do it will serve him right. Apparently they have a very complex way of avoiding paying tax too!
Rant over.
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