Facebook Shares Under Pressure In Advance Of Quarterly Results

[engine]

Facebook Shares Under Pressure In Advance Of Quarterly Results [reuters.com]

Facebook shares tumbled ahead of its first quarterly results announcement as a public company on Thursday, hurt by a weak quarterly report and a grim outlook from online game developer Zynga.

Facebook Inc shares dropped 7 percent to $27.65 in premarket trading while Zynga Inc slumped 40 percent to $3.04 - the two most heavily traded stocks before the bell on Nasdaq.

[gtellier]

I said Facebook stock is way over priced from the start. One needs to wait till it bottoms out then buy,buy,buy. :)