is this surprising given a college kid with no business experience is running it - the kid got played by wall st
I'm not really seeing that with the Facebook.
Top brand to trash.
He does support gay marriage though. Maybe they’ll bail him out.
What is happening now is Facebook is swimming with the sharks. The sharks are trying to leverage a old fasion takeover. The sharks see big dollars but what they don’t understand is they will commericalize it more and turn off many people in the process. The little boy who is running it thinks he is smarter than the sharks. I see it with smoke rising and nothing worth much left in the end.
There’s a Zucker born every minute...
Facebook like all fads eventually fades. The novelty of posting family pictures is over — drowned by BS and propaganda from every enity that has a “facebook” page.
I believe that there is a finite amount of advertizing revenue available to the media of all typoes.
Also only about 1 percent of folks with a facebook page use it once a week or less.
I feel sorry for the small investors who got taken by this.
When it goes into the low single digits it may be a buy.
just wait until all those time restricted stocks hit the market in november.
when the price crashes THAT will be the time to consider buying.