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>> why? >> why? >> why do you guys go there? why does the holiday inn allow people to smoke there? >> they got a pass from mayor bloomberg. no, it's all a shtick. >> it's not good for you. [ laughter ] >> you work on the romney campaign and you believe that? oh, my god. [ laughter ] >> tell him to get a clue. anyway, we predicted this. we predicted it here on "morning joe." the willie fund predicted it. facebook closed at a new low of $28.84 on tuesday. what amounts to a 24% drop since its initial public offering less than two weeks ago. richard haass, you saw it when we predicted, this thin...

Options? maybe they need to look at research in motion, a group that fell 13% in yesterday's trade. a stock that was once worth $140, now trading around $10. real concern about profits going forward for research in motion, which is the maker of blackberry. facebook closing at $28.84 yesterday. after its ipo at $38 a share. still ahead, will the san antonio spurs ever lose another basketball game? they ran up 120 points on oklahoma city in last night's game two of the western conference finals. could the thunder run with the spurs? highlights ahead in sports. and the first lady of the uni...

Meanwhile, after the horrible impression, facebook. remember this thing that went public at $38 a share? $28.84 a share down $3.07, 10 percent, having lost $10 over the course of its short public life. think of that. this guy now is no longer worth close to $20 billion. now he is worth own $14 billion. well, look at you. man oh man. that's the way it is. coming up, we have this.

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