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FaceBerg Hits 21 The Hard Way

Submitted by Tyler Durden on 07/31/2012 11:07 -0400

Was it only two months ago that Faceplant was heralded as bringing in the new era of well something... the public markets are a cruel friend it seems as FB just traded with a $21 handle for the first time - down a marvelous 53% from its IPO-day highs... Volume exploded once it crossed that barrier as we suspect Margin Stanley was aggressively defending its new line in the sand (how did that defense work at $38, $37, $35, and $30 - but maybe this time is different).

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Tue, 07/31/2012 - 11:10 | 2665112 Capitalist

How long till a couple hundred Facebomb employees update their status to "ready for a new challenge"?

Tue, 07/31/2012 - 11:13 | 2665141 veyron

Where's Biderman and his call to buy FB at 42?

Tue, 07/31/2012 - 11:17 | 2665159 EL INDIO

Where is the ZHer who was dollar averaging his FB holding ?

With enough time his average will be zero.

Tue, 07/31/2012 - 11:20 | 2665166 Pladizow

Isnt there only something like 10% of a faceberg that is exposed above the water line?

Facebook robot scam: http://www.nakedcapitalism.com/2012/07/is-facebooks-ad-model-a-scam.html

Tue, 07/31/2012 - 12:37 | 2665198 CrazyCooter

One of the curious things I learned after I moved to Alaska is to stay away from ice bergs (they call them calves when they break off a glacier). This is applicable to kayaking for example. Anyway, the ice will initially stabilize in the water after it breaks off, but because the water is above freezing the exposed area of the calf melts ... potentially destabilizing the situation causing the calf to "roll over".

I just wanted to comment about faceberg "rolling over", but felt I had to explain myself or no one would get it.

Regards,

Cooter

EDIT: changed facebook to faceberg ... posted before coffee ...

Tue, 07/31/2012 - 11:28 | 2665209 NotApplicable

Reverse Split in 3... 2... 1...

Tue, 07/31/2012 - 11:57 | 2665291 Beam Me Up Scotty

Nothing and nothing is STILL nothing!! LOL.

My 17 year old daughter says all the kids have abandoned Facebook. They all use twitter now. She said all the parents and school administrators ran all the kids off. All they do is update pictures but that is about it. How many dead accounts does FB have? Not that teens bought much "stuff" anyway.

This stock is a joke. I like how some say it has no competition--like MySpace etc. It doesn't have any competition because those sites all died, just like FaceSuck will.

Tue, 07/31/2012 - 12:25 | 2665388 Ness.

Your 'nothing and nothing' remark reminded me of an old song. Man, that Obama can really sing.

http://www.youtube.com/watch?v=G_DV54ddNHE

Tue, 07/31/2012 - 13:07 | 2665495 Popo

I guess making robots to click on your own ads isn't a good business model.

..and now that everyone knows about it, their advertisers are running for the hills. See ya Fadebook.

Tue, 07/31/2012 - 14:34 | 2665807 TrainWreck1

Wonder how many FB employees 'pre-spent' their windfall on houses, fancy cars, vacations, etc. ?

Figure pre-IPO they had to be rah-rahing each other thinking it was going over $100, $200 or even higher - all that day-dreaming on how to spend that pile o' cash.

Now they have to sit for another half-month, watch this turd circling the bowl, wondering how low it will open on BTFO* day

*bail the fuck out

Tue, 07/31/2012 - 15:02 | 2665916 boogerbently

PE ALWAYS matters. FB PE STILL over 75 @ these ($21) levels.

Most won't buy at over a 10-12 multiple.

Tue, 07/31/2012 - 13:02 | 2665475 bloostar

Agreed.. My niece is a typical failberg to twitter convert.. And if a 15 yo is doing it along with her school friends then facefook is finished. There's just not the same 'chit chat' about the younger workers in my office anymore either (dull though it was at the time!)

Tue, 07/31/2012 - 15:11 | 2665964 Disenchanted

These are the people who still use FaceFuck

http://www.thesmokinggun.com/documents/mitt-romney-facebook-friend-587612

Tue, 07/31/2012 - 15:04 | 2665930 boogerbently

Reverse split won't happen until it's under $5....

but you're right, it IS coming!

Tue, 07/31/2012 - 13:51 | 2665585 Jay Gould Esq.

Illuminating piece. Spambots thumbing the ad rev scale at Facebook...we look forward to a point -- likely in the not too distant future -- when the symbol "FB" increases in letters by two, and takes on a distinctly pink hue.

Tue, 07/31/2012 - 15:40 | 2666126 TWSceptic

The bot scam makes a lot of sense to me. When I was running ads there I got a lot of clicks but almost not visitors on my site. It costs a fortune but probably one of the worst advertising programs I have used so far. It sucks because they give other advertising programs a bad name so companies now don't like advertising as much as they used to.

Tue, 07/31/2012 - 11:29 | 2665213 Stoploss

The one in the cardboard box under the freeway overpass.

Tue, 07/31/2012 - 11:50 | 2665277 Vincent Vega

El Indio, I believe you are referring to MillionDollarBonus as the dollar cost averaging ZHer. If he's the parody most believe him to be then he probably fine. If he did, in fact, dollar cost average then he is probably 'puking up blood' as RobotTurder would say.

Tue, 07/31/2012 - 12:28 | 2665400 Long-John-Silver

Where is the ZHer who was dollar averaging his FB holding ?

He's hot racking a Hostel bed with Mathman.

Hot Racking is a Naval term where 3 sailors share a single rack (bed).

One sailor sleeps while another stands watch and the third works and they rotate sleeping in that single rack. It never has a chance to cool off as it is in constant use by one of the three. That's also why they don't call it a bed.

Tue, 07/31/2012 - 14:45 | 2665851 MrBoompi

LOL dollar averaging hasn't exactly worked out great over the last year for silver either, but I'd much rather have an ounce of silver vs a share of faceplant.

Tue, 07/31/2012 - 17:24 | 2666486 A Nanny Moose

On a long enough timeline....

Tue, 07/31/2012 - 11:18 | 2665164 chumbawamba

He's at the O'Farrell Theater in San Francisco spending the money that all the dupes who listened to his idiot calls lost.

I am Chumbawamba.

Tue, 07/31/2012 - 11:41 | 2665257 bonddude

Doing blow off the belly of young talent handling a 2-headed monster. muhahhahaa

Tue, 07/31/2012 - 11:31 | 2665215 vast-dom

welcome the new era of the bubble that was like the bubble of the new era of the new era.

FACEBOOK, CREATED BY DOUCHEBAGS FOR DOUCHEBAGS, EXCLUSIVELY

BIDERMAN LOVES THE TASTE OF SUCKBOOK

Tue, 07/31/2012 - 11:41 | 2665255 resurger

did he actually say that? you must be fucking kidding me Veyron

Tue, 07/31/2012 - 12:13 | 2665355 veyron

Can't make it up: https://www.youtube.com/watch?v=H9Twxv1V50s

Tue, 07/31/2012 - 12:43 | 2665431 CrazyCooter

Yeah, I am not sure I have all the info on that call. In one video, he said he was long FB, this was right before the IPO IIRC. However, about a week later, when FB was down, he said he was up on the trade (this was sort of a response to all the people needling him about the call).

I could source the video fragments if I had time and inclination. Can he say he was long and be short? I mean, its a youtube/investo-letter. I guess that is in the small print.

Regards,

Cooter

Tue, 07/31/2012 - 12:50 | 2665437 veyron

I was the one needling him:

http://cl.ly/image/0K2D072E1T0w182K0L0o

He tried to change the past ...

Tue, 07/31/2012 - 12:01 | 2665306 Carl Spackler

Clever headline TD.

Was Bidermann referring to buying Faceplant at $0.42/share ?

Tue, 07/31/2012 - 17:51 | 2666562 SILVERGEDDON

Where is Robot Trader, and his feet first plunge into the $42.00 quick sand bargain of the century ?

Probably cleaning the shit out of his shortts.

Pun deliberately intended.

My genius reverse investemnt advisor - LONG LIVE ROBOT TRADER!!!!!!

Just always do the opposite of what the boy says, and you will profit handsomely.

Tue, 07/31/2012 - 11:10 | 2665115 mrktwtch2

knew this was a dog form the begining but there wernt any shares avilable to short (according to scheab)..

Tue, 07/31/2012 - 11:20 | 2665175 CrazyCooter

Having just read "Wall Street Speculation: Its Tricks and Its Tragedies", this sounds familiar ... if you can't short it it's probably because the big fish want the short position for themselves!

Regards,

Cooter

Tue, 07/31/2012 - 11:10 | 2665117 tekhneek

STFR... short the fucking rally.

Tue, 07/31/2012 - 11:10 | 2665118 Jlmadyson

Man the hits folks have taken on this one.

Tue, 07/31/2012 - 11:14 | 2665145 FlyoverCountryS...

There is always a willing sheep ready to be fleeced, somewhere....

Tue, 07/31/2012 - 11:14 | 2665119 bob_dabolina

Don't forget this was the IPO that would define our generation according to the media. It sure has defined our generation - straight down the tubes.

And make a billion millionaires or however the media spun it.

Tue, 07/31/2012 - 12:08 | 2665336 RSloane

A hundred billion millionaires at least, money flowing down the street, -the- IPO to beat, we're all gonna be leet!

Tue, 07/31/2012 - 11:11 | 2665121 EL INDIO

FB gets younger with time !

Hahaha

Tue, 07/31/2012 - 13:31 | 2665595 Jay Gould Esq.

Indeed. The Dorian Gray of mo-mo.

Tue, 07/31/2012 - 11:11 | 2665122 qussl3

When do Goldman's privileged clients finally get to sell?

LOL.

Tue, 07/31/2012 - 11:11 | 2665123 101 years and c...

only a few weeks now until the 90 day lockup period ends and millions of shares hit the offer.

Tue, 07/31/2012 - 11:16 | 2665160 NotApplicable

271 millions, to be precisely.

Tue, 07/31/2012 - 11:18 | 2665168 TrainWreck1

Stampede for the exit!!!

Zuckerbag will try to tell the troops to 'hang in there' and they will tell him to shove it.

Tue, 07/31/2012 - 14:05 | 2665706 AgShaman

Perhaps he could threaten to pull their "pledge pins"

The greatest thing Faceplant will be known for is exposing the groups of narcissistic wankers that thought they were important enough to let the world know when they were pissing off to hit the 7 eleven to get their daily 'Big Gulp'.

.....that and all the names spawned by their flailing IPO

Tue, 07/31/2012 - 14:55 | 2665893 TrainWreck1

There's even greater numbers waiting in the wings - August 16 will be just a preview

http://seekingalpha.com/article/765811-facebook-investors-you-re-nightmare-has-just-begun

Easily in single digits after the big November dump.

Tue, 07/31/2012 - 11:11 | 2665124 t_kAyk

"Listen up, maggots. You are not special. You are not a beautiful or unique snowflake. You're the same decaying organic matter as everything else." ~ Tyler Durden

Tue, 07/31/2012 - 11:12 | 2665125 HyperinflatmyNutts

Hope it goes to Zero. that's what it is worth!

Tue, 07/31/2012 - 13:40 | 2665627 Nobody For President

Zero Hedge!

Tue, 07/31/2012 - 11:11 | 2665126 malikai

I will defend at all costs the floor of $.01.

Beware, suckers.

Tue, 07/31/2012 - 11:20 | 2665176 tekhneek

As the saying goes: plenty of support around $0.

Tue, 07/31/2012 - 11:12 | 2665127 HyperinflatmyNutts

Hope it goes to Zero. that's what it is worth!

Tue, 07/31/2012 - 11:45 | 2665264 CPL

It's worth as much as gov.com and pets.com and...and...and...

Costs billions run and makes as much as a korean grocery.

Tue, 07/31/2012 - 11:12 | 2665129 Cranios

at some price it will be a good buy, but that price could be way down there somewhere

Tue, 07/31/2012 - 11:15 | 2665154 slaughterer

$4 is a good fair price for FB. Seriously.

Tue, 07/31/2012 - 11:12 | 2665134 Yikes

Who said the dot.com bubble was gone?

Tue, 07/31/2012 - 11:22 | 2665184 bob_dabolina

Warren Buffet May 4, 2012

http://video.cnbc.com/gallery/?video=3000088301

Tue, 07/31/2012 - 12:20 | 2665369 RSloane

Becky and Warren....so cute if you're into geriatric porn.

Tue, 07/31/2012 - 13:05 | 2665486 Metalredneck

Grey Goose?

Tue, 07/31/2012 - 11:12 | 2665135 disabledvet

Extraordinary. Never in the history of publicly traded companies have we ever seen anything like this. Have a Navy buddy who told me this story once: "I am the USS Enterprise...make way." response being "I am a lighthouse...I recommend you turn"

Tue, 07/31/2012 - 11:12 | 2665136 NoTTD

As one of the few remaining non-Facebook users, I applaud this move and it's invitable trip to zero.

Tue, 07/31/2012 - 11:18 | 2665165 NotApplicable

Freudian?

Tue, 07/31/2012 - 11:20 | 2665177 Txo

No tweeter, no facebook here.

Tue, 07/31/2012 - 13:12 | 2665511 bloostar

Make that two, though rumour has it zero hedge were teaming up with farceberg to create facialhedge.

Tue, 07/31/2012 - 11:12 | 2665137 TrainWreck1

Dive! Dive!

Teens on the way!!!

Dive! Dive!

Tue, 07/31/2012 - 11:12 | 2665138 Red Heeler

That chart is a graphic representation of what happens when bullshit burns.

Tue, 07/31/2012 - 11:14 | 2665147 t_kAyk

At least bullshit produces a flame when it burns, which I can actually use, no matter how stinky.

Tue, 07/31/2012 - 11:12 | 2665139 mr1963

I said it when it first went public and I'll say it again, largest wealth transfer in history -- excepting the GM bankruptcy...

Tue, 07/31/2012 - 11:13 | 2665143 valley chick

Faceberg hits 21 the Hard Way

"LIKE"

Tue, 07/31/2012 - 11:15 | 2665150 fnordfnordfnord

Facebook allowing bots to drive ~80% of their ad revenue? Discussion on Hacker News from yesterday: http://news.ycombinator.com/item?id=4312731

The facebook post that started it:

https://www.facebook.com/limitedpressing/posts/209534972507958

Tue, 07/31/2012 - 11:19 | 2665171 pods

That is the kind of story that is going to kill this puppy.

pods

Tue, 07/31/2012 - 11:22 | 2665186 NotApplicable

If they haven't done it yet, I fully expect them to harvest all of those wasted clicks in Farmville, et al., and use them to feed ad engines.

Then, even further in the future, I expect augmented reality to be able to model any real environment as any sort of game desired. Then they can get the "skilled" clickers to start flying all of those drones.

Tue, 07/31/2012 - 12:19 | 2665367 malikai

"Drone Wars"

Tue, 07/31/2012 - 11:15 | 2665153 Seorse Gorog fr...

Seorse Gorog from that Quantum Entanglement Fund. alright_.-'s picture

Meh. If a Facebook tree falls in the forest, does it make a sound?

Apple above $600 though. You must've forgot to mention that.

Tue, 07/31/2012 - 11:16 | 2665156 BlowsAgainstthe...

And a whole new generation of folks learn about "investing" on Wall Street.

Tue, 07/31/2012 - 14:12 | 2665733 Levadiakos

Priced in FaceBerg, gold is rallying

Tue, 07/31/2012 - 11:16 | 2665157 buzzsaw99

fleece the muppets 101

Tue, 07/31/2012 - 11:18 | 2665162 linrom

Facebook=Blackstone LLP

Tue, 07/31/2012 - 11:18 | 2665167 LoneStarHog

The Quote of IPO Day: "I called my broker and told him when trading begins to get me in at any price!"

BWHAHAHAHAHAHAHAHAH!!!!!

Tue, 07/31/2012 - 11:18 | 2665169 DavidC

Yes, but take a look at CRAAPL.

DavidC

Tue, 07/31/2012 - 11:19 | 2665170 Shizzmoney

Imagine if you could short this thing?

I'd take all $420.78 I have, and would have bet the fuck out of FB fail!

Tue, 07/31/2012 - 11:19 | 2665173 Haager

Zynga 2.92 - Oh lord, it is (nearing) the end...

Tue, 07/31/2012 - 11:21 | 2665180 youngman

It was hyped so much by the New York tribe....and really what is it...???? Where is My Space now....??? But here is what scares me...the US government will keep it going...its easy spying for them...very easy....

Tue, 07/31/2012 - 11:28 | 2665212 SheepDog-One

Spying on retards....meh....well hope they have fun with all that.

Tue, 07/31/2012 - 11:57 | 2665296 SokPOTUS

...far more cost effective for them to spy here at ZH...

Tue, 07/31/2012 - 12:00 | 2665305 SheepDog-One

We're labelled as 'The best trolls in trolldom'

Tue, 07/31/2012 - 12:06 | 2665330 SokPOTUS

Nice!

Tue, 07/31/2012 - 12:22 | 2665372 cbxer55

And by James Howard Kuntsler hisself.

The Ultimate Troll. The Head Troll.

The Capo Di Tutti Capi of trolls. ;-)

Tue, 07/31/2012 - 11:21 | 2665182 reader2010

disLike

Tue, 07/31/2012 - 11:23 | 2665188 doc_in_the_house

spx @ 1386

I shorted it on Fri @ 1386...waiting..yawn!! in 1 week = sub 1300 !!

FB = bought it @ $26 sold @ $30...WATCHED it go to $32, $33 = I DID NOT CHASE!!

NOW its @ $21 = LOL !!! gimme $10 = i'll buy it for a nice double !! i remember some STUPID CBS-MW reporter (cody willard) when @ $32 he was gloating and buying more = shoe shine boy calling the TOP!! ROFLMAO !!!!!!!!!

I called the TOP in gold (not as a shoe shine boy!) @ 1630 last week !!

Tue, 07/31/2012 - 11:28 | 2665208 francis_sawyer

You ought to change your username to DICK_in_the_house... Seriously...

Tue, 07/31/2012 - 11:32 | 2665223 doc_in_the_house

sorry if U CAN'T HANDLE THE TRUTH!!

are you a gold bug? hanging to your gold paper since 1900? are you a flopbooker hanging to your IPO price? are you a casino stock market spx LONG TERM for the long haul?

i guess me stating the facts that casino is a HOUSE OF CARDS is more PAINFUL than your losses? LOL !!!! go ahead make my day...thumb me down, do u feel better now..

ok i got things to do.

Tue, 07/31/2012 - 11:44 | 2665263 pods

Just a friendly suggestion:
When someone accuses you of being a dick, don't prove it on the VERY NEXT REPLY.

pods

Tue, 07/31/2012 - 11:45 | 2665267 bonddude

boooorrrrrriiiinnnnggggg !

Tue, 07/31/2012 - 11:51 | 2665276 francis_sawyer

The only 'bet' I'd make in these idiot markets would be to buy OTM calls on the prop that your stories about midget trannies sniffing lines of coke off your boner while you were busy making trades with the other hand would be more interesting (to select public) than your mythical P&L rantings...

Now all you have to do is start linking your personal Elliott Wave crayon drawings & you'll have hit the trifecta!

Tue, 07/31/2012 - 12:06 | 2665322 doc_in_the_house

is that you CODY WILLARD = cbs-mw performance chasing "REPORTER"??

how that call of FB to $100 work-out...?? LOL !! thank u shoe shine boy !!

(see link above for $100 call...ROFLMAO !!)

go ahead thumb me down...that's gonna make FB go back to $45!! LOL !!!

btw = stupid cbs-mw censors (odummernomics sucking fawning fools, they deleted my mw blogging account....bc i told them they were a bunch of stupid performance chasing cheerleaders...PAY BACK IS A WITCH!!! I'm staying with zero hedge !!!!!

Tue, 07/31/2012 - 12:10 | 2665347 francis_sawyer

Hear that Tyler?

doc_in_the_house is staying with ZH...

So what this site needs is a daily wrap up column where DITH can list his winning trades (which will be fawned & marveled over by his ever growing legions of fans looking for that fiat trading edge)...

Tue, 07/31/2012 - 12:18 | 2665366 doc_in_the_house

zero hedge

has awesome insightful articles...secondly if zero hedges checks my blogs they will see that i shorted SPX @ 1370...covered @ 1326....shorted @ 1380...covered @ 1332...and just recently shorted @ 1386...and will cover @ sub 1300.

same with EUR..shorted @ 1.23 covered @ 1.2058 (when biderman went SUPER BEARISH)...shorted more @ 1.23+

i guess u don't need to have awesome calls like me to belong here...but i'm staying here @ zero hedge and will provide my insight...= I'M NOT A STUPID PERFORMANCE CHASER...which is why i get thumbed down by bulls when i short @ peaks and by bears when i cover @ dumps...= thumbs down = i'm betting good against the sentiment.

Tue, 07/31/2012 - 12:30 | 2665405 Biosci

I liked it when you said:

ok i got things to do.

...from several posts back. this was a very disappointing lie.

Tue, 07/31/2012 - 19:13 | 2666763 doc_in_the_house

i do and did have things to do...

but then the bozos started attacking me..and me defending myself and attacking back! LOL !!

Wed, 08/01/2012 - 04:23 | 2667899 pherron2

Not a trader here, so I haven't a dog in the fight. I enjoy reading the posts here, though your's I'm learning to skip over. Bloviating assholes just bum me out.

Tue, 07/31/2012 - 11:43 | 2665245 doc_in_the_house

STUPID CBS-MW "REPORTER" = stupid PERFORMANCE CHASER !! saying FB to $100 LOL !!!!!

http://blogs.marketwatch.com/cody/2012/07/23/how-facebook-gets-to-100/

His house burns down (-60%) = sign to get out of FB...!! i think he didn't !! = not my problem!!

http://blogs.marketwatch.com/cody/2012/06/18/taking-a-week-to-recover-from-the-fire/

yes i know its a tough job...BUT SOMEONE has to keep track of the shoe shine boys = ME !! and bet AGAINST THEM...ROFLMAO !!!

Tue, 07/31/2012 - 12:03 | 2665316 Red Heeler

The guy sees FB at $100. He has a future with the Fed.

Tue, 07/31/2012 - 12:12 | 2665348 doc_in_the_house

he has a future with the CRANK-A-HOLICS

over @ cnbc (which I DON'T WATCH)...when i do watch fin tv i prefer bloomberg or foxbusiness.

Tue, 07/31/2012 - 12:35 | 2665414 LoneStarHog

First, change your screen name to quack_in_the_house

Second, post your brilliant trades within MINUTES after execution, not DAYS and then claim that you are a genius.

Third, Obozo said that you did not do this. Someone else did.

Fourth, if all else fails, give yourself a Jack Kavorkian injection and shut the hell up.

Tue, 07/31/2012 - 19:18 | 2666784 doc_in_the_house

don't be so jealous!! LOL !!

check my posts..i shorted previously twice spx @ above 1370 and covered @ 1330 or so...AND on Fri shorted spx @ 1386...will cover sub 1100..= RIDE.

also when zynga missed earnings and FB @ $27 = i said short it!! its now sub $22.!! = good spot to take SOME profits..

jealousy will NOT make your LOSSES come back..YOU QUACK!!

Tue, 07/31/2012 - 19:22 | 2666796 doc_in_the_house

yes!

i post my trades within minutes (1-2) after execution and then i RIDE..what's wrong with that...AFTER riding take profits and post again...what's wrong with that YOU QUACK!!

Tue, 07/31/2012 - 19:11 | 2666760 doc_in_the_house

all right boys n girls

spx close today = 1379 and gold about 1618 (down from its 1630 TOP that i called)

feel free to thumb me down..i hope its THEURAPEUTIC for you..unfortunately your LOSSES won't....the more thumbs down that i get when i short @ peaks = the more sure i feel about being right..

likewise, the more thumb downs that i get when i cover at dumps..the more sure i feel about being right...i'm sure i'll get thumbed down huge when i announce that i have covered my shorts @ BELOW spx 1100.

Tue, 07/31/2012 - 11:24 | 2665192 Rikky

Apple is the next one to short, though with the hype around IPhone 5 the sheeple will run in droves to buy something that is marginally better than the 4S and can't compete with Samsung. I might go into Mar 2013 or just wait until after holidays to strike.

Tue, 07/31/2012 - 11:28 | 2665210 doc_in_the_house

aapl = 610

goog = 635

ibm = 197

ALL MASSIVE SHORTS...they will break their march 2009 lows and then SOME MORE.

Tue, 07/31/2012 - 13:58 | 2665682 Matt

Really? I mean, look at their P/E and balance sheets, and then explain to me how AMZN is on a trajectory towards 300:1 P/E. How is Amazon not ten times more overpriced than AAPL or GOOG? What is stopping Amazon from dropping like a rock?

Tue, 07/31/2012 - 19:20 | 2666789 doc_in_the_house

ok...

AMZN too!!! and not just amazon...but the entire "tech" house of cards sector will break their march 2009 low and THEN SOME.

Tue, 07/31/2012 - 11:24 | 2665193 jjsilver

Startup Claims 80% Of Its Facebook Ad Clicks Are Coming From Bots

http://techcrunch.com/2012/07/30/startup-claims-80-of-its-facebook-ad-cl...

Tue, 07/31/2012 - 11:35 | 2665235 fnordfnordfnord

That was my line

Tue, 07/31/2012 - 11:24 | 2665194 NeedleDickTheBu...

It just makes me question the validity of various reports that Margin Stanley and the other underwriters made $100 MM "stabilizing" the shares of FB post IPO.

Tue, 07/31/2012 - 11:25 | 2665199 SheepDog-One

Biderman swan-dived down into Sausalito Bay yet?

Tue, 07/31/2012 - 11:55 | 2665286 bonddude

Drinking sea water for sure.

Tue, 07/31/2012 - 15:16 | 2665991 jomama

technically, it's the Richardson Bay.

Tue, 07/31/2012 - 11:26 | 2665202 The Axe

defend all you want....you still need to create some buying for this dog shit...that ain't happening

Tue, 07/31/2012 - 11:39 | 2665248 EverythingEviL

Lol great, he's doing a quadruple somersault with a twist!

Tue, 07/31/2012 - 11:27 | 2665206 OpenEyes

Today's Facebook will likely be tomorrow's Friendster, MySpace, etc.

Tue, 07/31/2012 - 11:32 | 2665220 Bartanist

Face-Bot-Gate!

http://market-ticker.org/akcs-www?post=209402

Say it ain't so that facebook advertisers have been cheated out of money through inflated bot-clicks?!?

Wed, 08/01/2012 - 09:22 | 2668273 tip e. canoe

All Hail the Zuckerbots

Tue, 07/31/2012 - 11:33 | 2665232 monopoly

Just amazing. What a perfect short FB was. Missed it.

Tue, 07/31/2012 - 11:35 | 2665236 Savvy

According to this article printed in tagesspiegel.de, not having a Facebook account could be the first sign that you are a mass murderer

http://activepolitic.com:82/News/2012-07-25c/Facebook_Abstainers_could_be_labeled_Suspicious.html

O'rly.

Tue, 07/31/2012 - 12:15 | 2665360 RSloane

Jesus Christ. That's some sick shit.

Tue, 07/31/2012 - 12:20 | 2665368 UGrev

I won't use facebook because I think it's psychotic to become a product.

Tue, 07/31/2012 - 12:20 | 2665370 Ghordius

MASS MURDERER!! I KNEW something is wrong with me! I'll open my fecesbook account immediately, SIR! - and thx for the link

Tue, 07/31/2012 - 12:33 | 2665410 magpie

Not owning FB stock makes you even more suspicious.

Tue, 07/31/2012 - 12:39 | 2665421 Bastiat

I bet the Joker clown didn't own any!

Wed, 08/01/2012 - 09:16 | 2668249 lakecity55

BUT he would have if he had bought less ammo.

Tue, 07/31/2012 - 11:40 | 2665254 insanelysane

Will Bloomberg TV and CNBS have a full day's worth of coverage for the delisting of FB?

Tue, 07/31/2012 - 11:42 | 2665259 UGrev

ALL YOUR AD CLICK BOTS ARE BELONG TO FAILBOOK!!

Tue, 07/31/2012 - 11:53 | 2665280 XtraBullish

Lloyd Bensen to the Zuckmeister: "I knew Steve Jobs; Steve Jobs was a friend of mine. You, sir, are no Steve Jobs."

Tue, 07/31/2012 - 11:56 | 2665289 sockratte

do you mean, facebook really has nothing of value? ;-)

Tue, 07/31/2012 - 11:56 | 2665290 PatientZero

lol the Goyim sure got swindled on this! (hehehe stupid goyim, The Chosen always win)

Tue, 07/31/2012 - 11:59 | 2665299 Neethgie

i hope i never get old enough to not understand new stocks.

given that people kept saying "TECH MAN TECH - FUTURE" so people bought it, not realising all the people using it were furious with the new timeline and status updates had already decreased.

eg it was dead before it ipo'd

Tue, 07/31/2012 - 11:59 | 2665300 Neethgie

i hope i never get old enough to not understand new stocks.

given that people kept saying "TECH MAN TECH - FUTURE" so people bought it, not realising all the people using it were furious with the new timeline and status updates had already decreased.

eg it was dead before it ipo'd

Tue, 07/31/2012 - 12:02 | 2665312 fresno dan

I had a lot of good friends on Facebook that I had never actually met and didn't actually know, and I trusted them totally and completely because everybody know s that everybody on the internet is totally cool, honest, and smart and they all told me I should buy Facebook stock, so I would become rich, and I would have bizillions of dollars and lots of hot, hot chicks, even though I am quite ugly and live in my mom's basement and I weigh 347 pounds and stand 5 foot 3 inches tall and have ginormous man hooters, so I did.

So I defriended all of them. As*holes

Tue, 07/31/2012 - 12:03 | 2665314 Intoxicologist

Doh! Looks like Zucker's got some egg on his facebook!

Tue, 07/31/2012 - 12:04 | 2665320 SokPOTUS

According to the buttons beneath the graph that headlines this post; I can "Like" this post on FB. Ironic.

Tue, 07/31/2012 - 12:05 | 2665321 Duke of Con Dao

maybe I should make an Obama - You Didn't Build That, Mark Zuckerberg vid-mash... any thoughts???

'Nazi Party? Adolf Hitler... You Didn't Build That!' sez President Obama
- YouTube

Wed, 08/01/2012 - 09:14 | 2668240 lakecity55

from "Dick" O'Bama's point of view, having sponged 100% off taxpayers all his life, it is accurate!

Wait until after he kills all the YTs in his second and permanent term then finds out nobody is left to fix or pay for anything.

Tue, 07/31/2012 - 12:05 | 2665325 Meesohaawnee

but but. Cramer said it was going to 70!! bubble vision doesnt lie do they?

Tue, 07/31/2012 - 12:08 | 2665338 SokPOTUS

...he didn't specify in which currency....

Tue, 07/31/2012 - 12:09 | 2665343 Catullus

$19 puts. YES WE CAN.

Tue, 07/31/2012 - 12:09 | 2665344 Jim in MN

But it's so easy to fix!

Just ensure that the dividend yield is a healthy, oh, say 5% annual or so.

Fixed! All ya gotta do is PAY YOUR CREDITORS dumb shits.

And yes, buying your stock is effectively a loan. If anyone at all knows what they are actually doing any more, which is kind of a creepy question.

Tue, 07/31/2012 - 12:11 | 2665349 Arnold Ziffel

Should have played it safe...and bought Zynga....

Tue, 07/31/2012 - 12:13 | 2665353 HungrySeagull

When FB Becomes a penny stock, does Zucker still have money?

Tue, 07/31/2012 - 12:21 | 2665371 magpie

He's probably more worried about rising interest rates fucking up his mortgage. But probably not that much.

Tue, 07/31/2012 - 12:23 | 2665376 Meesohaawnee

and crapple at 607?? someday someone is gonna get the fleecing of their life. more than this dog

FaceBerg Hits 21 The Hard Way

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