we've heard the "today" show discussing this idea of marc zuckerberg stepping allied, "l.a.imes" has been discussing it. zuckerberg doesn't take any of this very seriously considering he owns a majority of the voting shares in facebook. studies show companies run by their founders do much better in the long run than companies that replace their founders with professional ceos. now hewlett packard which at one point replaced its ceo after 11 months on the job will likely report the largest loss in company's history today after the closing bell. hp is the largest maker of computers in the world but that doesn't mean anything if people aren't buying computers and they are buying ipads instead. barnes and noble also lost money but less than expected in large part thanks to white hot sales of the book "fifty shades of grey" so wildly successful it's driving sales of ebook reeders as some people prefer to download this book instead of being seen in line trying to buy it. and the internet is piling on u.s. dedicated todd akin. take a look at your screen. it's in the red there. i wa

marc zuckerberg said he won't manage the company to please the street. you have weak hands selling the stock. somewhere around here you get rid of those weak hands. if you're going buy at these prices you buy it, take the stock certificate, put it in your drawer and look at it 20 years from now and you'll be happy. >> let's bring in the investor director at gamm investors. so thinking about buying more. your pulling the trigger and buying more as you see the stock fall to a new low today? >> not today specifically. we bought the vast proportion of our stock but i do think you can make a clear valuation case. now it's a case of trying to finesse the next two or three months and work out when the best star to have it. >> what's the problem with this stock? >> i think there are two reasons. a lot of technical issues. the ipo itself got off to such a poor start. became a very slippery slope. became an easy target for shorting. i think that the understanding the business model is extremely difficult. this isn't an easy company to analyze as brian just said an

going from lukewarm to piping hot overnight with one status update facebook's ceo marc zuckerberg brought one company a within fall of customers. it's called igrill. an app that tells your mobile device how hot your food is getting on the grill. more than 45,000 people liked it. the post created so much traffic for the company's website that the servers crashed. once the igrill website got back in business, business got very good. >> it's a definite boost. how about hundred fold on our downloads. that picked up right away. >> igrill let's you see what other people are grilling around the world. zuckerberg was grilling a fred's steak. fred steak is sold at palo alto. our endorsement is not the same as zuckerberg. >> wre not endorsing, we're investigating and reporting on it. >> i'll take fred steak. >> 4:55. mike inouye has your traffic. >> as long as you have enough for all of us. over to the south bay, we had a little barbecue going on. a little fire. that's completely out. no injuries and all activity cleared from the meridian on-ramp to northbound 280. good news for the rest south bay

. >> new calls for facebook's ceo marc zuckerberg to step down. the company stock now worth less than half of what it was at its peak. scott mcgrew has one simple question. >> the "today" show has been discussing this. "l.a. times" has been discussing this idea. my question is name his replacement? zuckerberg probably doesn't take all this talk seriously considering he owns a majority of the voting shares in facebook, he really doesn't have to. studies by the way show companies run by their founders do much better in the long run than companies that replace their founders with professional ceos. now, a company which has replaced its ceo after just 11 months, hewlett packard will report profits after the closing bell today. actually it's unlikely to report profits, associated press predicting the largest loss in hp's history. hp largest maker of computers but that doesn't mean anything if people aren't buying computer and buying ipads instead. for a broader check of the markets we go cnbc. >> reporter: good morning. the futures are pointing to a sl

disappointment, but, you know, they do believe in the company and that's in large part due to marc zuckerberg'st of analysts this morning, evelyn, and, obviously, every ipo goes through a lockup expiration and they come out on the other side relatively okay. but this is very different because there's so many shares. this is the first lockup expiration. and there's going to be about, you know, 2 billion shares at the end of the day that will come within a year and that's a huge increase to the flow. what are you hearing in terms of insiders and their desire to sell? >> i think for some insiders, they were able to make some money during the initial ipo. but if you're looking at the stock right now and if it's less than $20 a share you have to be for some of them hopeful that eventually maybe after all the expirations, after may 2013 that the stock will pop up higher than $20 a share. i think some of them will sit tight. some of them obviously are selling a bit today. but if i was, if i was an early investor i would hang around for a little bit to see if there's any other catalyst on the horizon.

if you're marc zuckerberg how unhappy censor >> are you willing to kick the guy off your board? he still owns 5 million. >> $112 million. >> look at a situation like that. you're saying he's a leader important the company because you put him on the board not a message you want to stoirnd employees or other shareholders. >> well, crazy little story. >> facebook's ipo one of the biggest stories of 2012. after those 90 days the value of the company has been cut in half. so we're wondering this morning what your thoughts are about facebook stocks. we want to know the good, the bad, the ugly. if you're a buyer or facebook believer would you buy the stock at this level or how low would it have to go before you think there's value. tweet us @squawknbc. someone wrote in i don't think facebook went wrong in any way. i think society goes bad. a fad like myspace and eventually instagram will follow. >> if you're instagram remember when they sold their company a billion dollars. it was $300 million in cash the rest in stock. >> we're going to be monitoring twitter all morning long. talking