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FaceBerg Hits 21 The Hard Way
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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All you "bottom fishers" looking for a good deal on FB someday... please do give an example where a social media platform reinvented itself and made new highs after tanking. Social media, by definition, is a fad. The fad zombies will find a new social media platform and FB will be the next MySpace in a few years.
All you need now is Chris Hanson.
GS is up today. I guess they shorted while telling everybody else to buy buy buy...again.
Reverse Internet Bubble
And the lock up period ends in Aug. Wonder how many insiders will rush to the exits.
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no way dude
"All my friends and relatives use XXXX so it can't go wrong to go long on XXXX."
The "XXXX" can be facebook, toilet papers and soap. they are all the same.
Haha, 'drawing a line in the sand'. Good luck with that, investment banks. I've been making a mint shorting this dog.
The emperor has no clothes, and this stock's performance proves it.
BLACKJACK!
The City of Man
http://shutupnsing.wordpress.com/2012/07/31/the-city-of-man/
$14 is a reasonable short entry price with a bail out around $7-$8 before it goes to zero delists or gets bought by yahoo or aol.
My FB Puts are looking schweeter and schweeter!
Maybe in 2 weeks it will be 10US$/share......
Fluckerberg seen yesterday at interstate ramp with a "homeless" sign, told reporters he was "practicing" "just in case....."
FraudBook doomsday is on November 14th. 1.2 billion shares will be unlocked for sale! hahaha! FraudBook's P/E Ratio is over 70 and that is without taking into account that up to 80% of its ad revenue may be fraudulent. This lame train is headed for the penny stock range and maybe even bankruptcy if not a pennies on the dollar Google buyout.