{"id":2376,"date":"2012-09-04T20:01:02","date_gmt":"2012-09-05T00:01:02","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=2376"},"modified":"2012-09-04T21:32:19","modified_gmt":"2012-09-05T01:32:19","slug":"lifevantage-handles-cfo-transition-deftly-while-facebooks-stock-continues-to-suffer-lfvn-fb","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/lifevantage-handles-cfo-transition-deftly-while-facebooks-stock-continues-to-suffer-lfvn-fb-2376","title":{"rendered":"LifeVantage Handles CFO Transition Deftly While Facebook\u2019s Stock Continues to Suffer (LFVN) (FB)"},"content":{"rendered":"<p>David Ebersman, Chief Financial Officer of Facebook (NASDAQ: FB), is being touted as the man behind the flawed Facebook IPO that took the market by storm three months ago. While the blame game is being played in the Facebook IPO debacle, penny stock companies like LifeVantage (OTCQB: LFVN) are handling <a href=\"http:\/\/www.reuters.com\/finance\/stocks\/LFVN.OB\/key-developments\">CFO changes<\/a> without any controversy. David Colbert is the man chosen to be the company\u2019s new CFO. LifeVantage\u2019s current CFO, Carrie McQueen, has decided to not move to Utah with the company and has signed off on her position to Colbert who has worked with Standard &amp; Poor\u2019s 500 companies in the past.<\/p>\n<p><strong>Facebook IPO Debacle<\/strong><\/p>\n<p>The market very much anticipated the Facebook IPO. One of the biggest IPO\u2019s ever, this release has also been called one of the worst mistakes of 2012. Over the last three months, the company has lost more than $50 billion in market value. The blame game is not something new in the market and the man whose head is about to roll is the CFO of Facebook, David Ebersman.<\/p>\n<p>Company insider Andrew Ross Sorkin has clearly stated, \u201cIf there is one single individual more responsible than any other for the staggering mis-pricing of Facebook\u2019s I.P.O., it is Mr.\u00a0Ebersman.\u201d Many analysts such as Sorkin believe that Ebersman\u2019s decision to flood the market with 25% more shares than the amount that was initially planned for release is one of the reasons why the company\u2019s IPO has failed so dismally.<\/p>\n<p>When it comes to hot IPO\u2019s like Facebook, it is common knowledge that investors put in a request for twice or thrice the amount of shares that they actually expect to buy. As CFO, this is something that Ebersman should have known and anticipated, but he clearly failed to do so. After releasing at a hefty $38 per share, the stock value has dramatically decreased to reach $17.72 as of September 4, 2012. It has been widely acknowledged that the company is not a great investment opportunity as of right now. Its business model is flawed and some say it really does not have one. Well, that was explained in The Social Network when it seemed the CEO, Mark Zuckerberg, did not seem too interested in making any money.<\/p>\n<p><strong>LifeVantage\u2019s Advantage<\/strong><\/p>\n<p>A fabulous penny stock company such as LifeVantage, on the other hand, is being touted as one of the hottest stocks to buy over the counter. <a href=\"http:\/\/www.lifevantage.com\/company\/our-story\/\">LifeVantage<\/a> is a market leader in manufacturing dietary supplements. Its share value has only increased in recent times and it has reached $3.01 as of the\u00a0September 4, 2012. Considering the fact that this is a high-volume common stock, it is doing well and is being called one of the best companies to invest in if you are dabbling in the OTC market.<\/p>\n<p><strong>International Reach<\/strong><\/p>\n<p>While Facebook is a social media networking platform that reaches people all over the globe, LifeVantage is also making its presence known in countries like India by contributing to the improvement of health and education for children in India. You cannot say anything bad about that.<\/p>\n<p><strong>Stocks to Invest In<\/strong><\/p>\n<p>Penny stocks, certainly LifeVantage and Talon Therapeutics (OTCQB: TLON), which is a biopharmaceutical company, offer better investment opportunities for individuals interested in high-volume trading. Facebook may have a big name and be a social media titan, but it is being &#8220;unfriended&#8221; quickly.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>David Ebersman, Chief Financial Officer of Facebook (NASDAQ: FB), is being touted as the man behind the flawed Facebook IPO that took the market by [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":2383,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[260,264,3,263],"tags":[5,6,133],"stock_ticker":[],"class_list":["post-2376","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-advancers","category-health","category-small-cap-stock-news","category-technology","tag-fb","tag-lfvn","tag-tlon","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - 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