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FakeBoom Down 40% From Highs To New All-Time Low
Sad to say, it looks like we were right last week when we pointed out the coincident ripfest on Thursday that ended perfectly at a previous VWAP close and enabled heavy volume to exit into month-end (and on those weekly option expiries). With a $26 handle once again and having traded as low as $26.57 this morning (40% from the $45 IPO-day highs and 30% from its IPO level), FakeBoom truly is the gift that keeps on giving... losses.
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how low will it go?
$0
fuckface
first rule about facebook NOW is we dont talk about it...
the second.....
That's my call so far on a Billion dollar company that makes less real revenue than a one man plumbing outfit in Toronto.
Market is about to shit the bed btw.
Fuckbook will be under 20 by week's end.
AAPL is about to fall over a cliff...one flash crash already, total cost of recovering a whole three dollars...nearly a cool billion in tax payer money.
Here comes flash crash two.
FB revenue $4 billion. Plumbers must be very expensive in Toronto.
Yep. Just use common sense, folks. Would the world change drastically tomorrow if Facebook weren't around? The answer is, of course, no. Thus, they don't provide much value to society.
My world would not but tens of millions of people spend an hour or two a day on there so it has some value.
Facebook was a massive EPIC FAIL.
http://ericsprott.blogspot.ca/
TIMBER!!!
LOOK OUT BELOW!!!
Screw this transparent piece of cia/bankster trash. And the horse it rode in on.
Boycott Facebook: show 'em the Love
I've read that with the same lofty valuation as Walmart, it would trade at $6.
But Walmart doesn't have a punk with curly hair likes a pigs ass running it. Fuck You Fecebook
But...but...but... All that future income !!!
All you cloud computing gloomsters thinking there will be more cut price competition - don't believe the hype... believe in the hope instead...
what best proof that having a face book page is the ultimate in moronosity.... lmao
Don't you love a company who calls its customers "dumb fucks?"
Don't you love a company who calls its investors "dumb fucks?"
Fixed.
I'm being literal, the hoodie is quoted a few years back saying all the people who first used Facebook were dumb fucks giving up their personal information.
I know. I was updating for this second round of dumbfuckology.
One of my greatest failures was not securing "fartfacebook" allowing me to make a competitor to this financial turd.
still waiting for Groupon to implode.
You missed it.
Implode worse?
I wonder how long will it take for Morgan Stanley to realize its the only one trading the stock....
How long does it take to remove one's head from one's ass?
FaceBusted
Facemelt. How many puns can we squeeze out of that shit? I must have seen atleast 100+ now.
Facecloth ...sorry can't resist.
FlushBowels
FaceTious
Status: SELL
If you were smart about it, past tense of "SOLD" should have happened.
Now it's no longer a question of buy or sell. Flee or Run are more appropriate.
Thats THE faceplant et. al. to you! lol.....
So parity with silver came, hung around for fifteen minutes and then went out the vindow? *like*
P/E is finally out of the 90s
FarceBook was always good for a new record. I'll bet this will be the first company to drop below $0 per share and people will still go on selling it.
Is Zuck back in the office yet after the honeymoon? Who's running this clown show?
As the Black Clown is already busy ru(i)nning the USA it's probably the Whiteface's job now (and I'm thinking of the European version, not the US version)
I'm starting to think the support at $0.00 might not be as strong as we thought.
Bono : 57.5 million shares * 27 = 1,380,000,000 -$90,000,000 = 1,290 billion in profit !!!
Is Milliondollarboner doubling down?
Support will save face at the $20 bounce so more dumb fucks can buy and get Zucked off some more.
Smile:) You just got FACEJIZZ'D!
http://www.nasdaq.com/symbol/fb
Down 40% from its IPO?
Community Sentiment Bullish
Facefalafel
Does anyone have intel on what's going on inside Facebook..
- initially every employee thought they were worth $4 million (avg)
- then, they realized they were only worth $3.4 million
- now they're worth $2.6 million
- then, someone from accounting told them that was before taxes (in california) so they are really worth $1.6 million (today) after they bought a $1.9 mill home last weekend.
there's got to be some real trauma going on inside.
Oh, the horror, to only make a million after working 5 years....
You need to talk to some of the paper millionares from the dotcom boom.
Unless you were at the top, or an investor and could get out quick, all you got were memories.
My guess is FB insiders will continue to put on the happy face until they are allowed to CASH OUT, and then you will see the greatest exodus in modern IPO history.
This sucker's going down, myspace style. You know it, the employees know it, the investors know it (well, the ones that aren't taking their broker's calls anymore)
Zuckerdoodle's MIA act ain't helping things. Nobody likes this clown, and if it weren't for his money, he would be the guy that never gets invited to any parties.
Like so many startups, you have a bunch of naive workers believing their snake oil CEO, 'oh yeah, you'll get BIG BONUSES' etc etc, and then by the time the company goes public, he is off into the night, the investors have plucked the carcass dry, and you are left with empty cubes and Aeron chairs with asset tags. Welcome to Burnville. Population: most of the country.
You mean juvenile narcissism isn't an investing strategy?