Stock market games is continuing

30.05.2012 Facebook is considering the opportunity to purchase Opera Software ASA, a browser which is the last independent among all the major browsers. At the same time Facebook is developing its own Facebook smartphone. In this case the shares continue to fall and Facebook on Tuesday fell below $ 30.

On Tuesday, shares of Norwegian company Opera Software ASA showed a sharp increase - 20% - after the information portal of Pocket-Lint reported on the possible purchase of the company by Facebook. Due to this jump, because of which the price of the shares of Norwegian company has grown to a maximum of two years, the capitalization of Opera Software on Tuesday was 4.85 billion kronor ($ 807 million). Official representatives of Opera Software and Facebook declined to comment.

Opera - the last of the major browsers, still remaining to be independent. Unlike Facebook, Opera Software able to monetize their mobile traffic. Version of the browser for mobile devices, Opera Mini is free, and reduces the load on the Internet channel, which is very beneficial for users who do not have the ability to use unlimited using the Internet in its tariff.

In the first quarter of this year, Opera Mini, used 168.8 million people. Revenue from this program, Opera Software receives by selling advertising space on the home page of Opera Mini.

Expert’s opinion

On the 16th of May Facebook announced an increase of 25% of the upcoming IPO. On the 30th of May  Facebook stocks fell in price by 25% (falling to $ 28.84).

The question: who managed to play on the slide for these days?

The names are still waiting for their publicity. But we understand that the game of "financial bubbles" is continuing.

Facebook announced the purchase of Opera.

The price of one - is creeping down. Prices on  Opera’s shares  - up to 20%!

What changes? - Nothing! ...

It is simply amazing! - Words so influence on people's minds that it is absolutely without any production, there is not even intangible things, such as software or other intangible asset. Only words, rumors and expectations. And it takes someone on that a lot of money.

Someone smart and fast.

Accelerate friends!

As M.Zhvanetsky said: "Begin stirring immediately!"

On the basis: Коммерсантъ.ru (the author: Seda Egikyan)

Yaroslav Lomakin ( Managing Partner of Honest & Bright Company Ltd)