The bubble is popping fast.
I guess the suckers who screwed up and paid $45/share aren’t too happy right now. They took a bath and made Zuckermann rich (along with other insiders). All for a ‘product’ that FB didn’t even create (they created the canvas, but the real interest is the self-interest of all the members). Advertising? I can’t even tell you what the last pop-up advertisement is on ANY web page I’ve seen.
My prediction:
Facebook stock is gonna crash.
All the hype...seems like a house of mirrors to me.
The guys with the gold and silver are already sitting in their chairs. (ahem)