It was supported: http://www.businessinsider.com/chart-of-the-day-why-facebook-never-fell-below-38-per-share-2012-5 http://www.businessinsider.com/chart-of-the-

It was supported: http://www.businessinsider.com/chart-of-the-day-why-facebook-never-fell-below-38-per-share-2012-5 http://www.businessinsider.com/chart-of-the-day-why-facebook... A possible reason why it reached 38 in the first place: http://www.businessinsider.com/why-facebooks-ipo-pop-fizzled-nasdaq-isnt-telling-desks-if-they-got-their-stock-2012-5 http://www.businessinsider.com/why-facebooks-ipo-pop-fizzled...