Friday, May 18, 2012

Facebook shares zoom, Autodesk’s shares drop like a rock

Well, today Facebook shares began trading, and, I might add, with a boom, bang, bam to the upside (out of the gate at $45, but dropped, somewhat, thereafter) but Autodesk’s shares dropped like a rock - off over 17% in this morning’s trading session. 

I didn’t think that Autodesk’s quarterly report, issued yesterday, was all that bad.  Just goes to show you how much (actually, how little, I know about the stock market.)

And, the Euro/USD exchange rate dropped to $1.27 this morning; time to plan that European vacation .... and, when you get over there, scoop up some Spanish or Greek real estate on the cheap.

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