Facebook IPO Seen Deepening Investor Distrust Of Stocks

It's been less than a week.

Why? Like it or not, FB is the bellwether for the current technology/economic climate. It's one of the biggest IPOs ever, not just in size, but in renown. There was a mainstream movie made about it before it was even public. It's a huge story.

It's important to gauge these things as they happen, so the next time around you get to be the one saying, "I've seen this before." These stories may all turn out to be moot, and in 10 years Facebook could be a huge brand, in which case you can look back and remember how Bloomberg labelled it the worst performing IPO of the decade. Or, it could go south....

You know what? Good. A stock that explodes after the IPO means it was priced too low, and the company didn't raise a fair amount of capital.

Facebook is obviously smart enough to think for the long term. I don't trust the financial machinery to do that.

No it's not. FTA:

"The IPO produced the worst five-day return among the largest U.S. deals of the past decade."

That's an extremely qualified factoid. Please retitle this post.

Is there one that is worse that they missed? Article seems to suggest that MF Global Holdings Inc. had the second worst opening week.