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A Few More FaceBook Numbers

Tyler Durden's picture




 

Up until 26 minutes ago, $38.00 was the most important number for Facebook. That is no longer the case. Below, courtesy of Grant Stevens and Things That Make You Go Hmm are a few more numbers that readers may be interested in.

h/t @MCFutures

 

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Mon, 05/21/2012 - 08:33 | 2446940 Canada01
Canada01's picture

Please stop covering Facebook.

 

Nobody care.

Mon, 05/21/2012 - 08:34 | 2446947 THX 1178
THX 1178's picture

It's pretty important...

Mon, 05/21/2012 - 08:40 | 2446975 bank guy in Brussels
bank guy in Brussels's picture

The CIA is likely on the phone with Geithner and Bernanke this morning, asking if more digital Bernanke Bux should be used to prop up the CIA's Facebook project, before the whole world finally sees all these American 'internet giants' are CIA companies - Google Inc., Wikipedia, and Facebook.

The CIA always recruits at Harvard, and they selected Mark Zuckerberg from the large group of ultra-Zionists there, to be the CIA dude getting wealthy from Facebook.

Zuckerberg is CIA tool, as is fellow arch-Zionist and internet hoaxter, the criminal Jimmy 'Jimbo' Wales, posing as the 'founder' of the CIA's Wikipedia

'Satire' but truthful - Onion News Report on the CIA's Facebook project:
http://www.youtube.com/watch?v=cqggW08BWO0

The CIA funding at the origin of Facebook -

« ... funding into Facebook ($US12.7 million) came from venture capital firm Accel Partners. Its manager James Breyer ... served on the board ... of In-Q-Tel, a venture capital firm established by the Central Intelligence Agency in 1999. One of the company's key areas of expertise are in "data mining technologies". »
http://adventofdeception.com/facebook-ciacover-nwo-agenda/

'Ex-Agent: CIA Seed Money Helped Launch Google', retired intelligence agent Robert David Steele interviewed by Paul Joseph Watson, and speaking of the CIA's Dr Rick Steinheiser and his connections with Google:
http://www.infowars.com/articles/bb/google_cia_seed_money_launched_googl...

The CIA's main internet tool, Google Inc. at work, censoring sites exposing CIA-Wikipedia - Here is Google's censoring of an important political refugee from the US in Belgium (whose avatar I use as a way of honouring him) - who went to Harvard and the CIA tried to recruit him, too, but he became a dissident against America, and barely got out of America alive:

Live Photo: Google Inc. Caught Censoring EU Search Results (for USA - CIA)
Google Internet Censorship - Censure d'Internet par Google - Internet censuur door Google
http://www.flickr.com/photos/22325431@N05/6100668211/in/photostream

Mon, 05/21/2012 - 08:53 | 2447016 Don Diego
Don Diego's picture

interesting, I guess Zuckerberg is not allowed to keep all the IPO money for him alone, right? a large portion of it will be used to fund black ops or "charities" promoting the PTB's agenda.

Mon, 05/21/2012 - 09:00 | 2447025 bdc63
bdc63's picture

Wall Street has really shown their stripes on this one. 

Hipe it like crazy.  Parade hedge fund manager after hedge fund manager across CNBC to brag about being investors in Facebook.  Then when it falls flat, reverse message and talk about how all the "dumb money" got hoodwinked again because the "smart money" knew to stay away from this one.

 

Mon, 05/21/2012 - 09:30 | 2447123 Badabing
Badabing's picture

+1 last Friday Maria B.  on cnbc looked like she was going to cry I guess she got hoodwinked.

Mon, 05/21/2012 - 09:56 | 2447241 LedMizer
LedMizer's picture

I always wanted to hoodwink her.  Not so much anymore.

Mon, 05/21/2012 - 09:05 | 2447047 CPL
CPL's picture

Yes they leverage the information.  Contrary to popular belief there are some real whack jobs out there, not enough to justify a legion of intelligence agents (layoffs coming forsure now)

 

But what hasn't been discussed with the Slaves that work for the CIA is one thing.

 

That's their entire pension in that shitshow stock. 

 

If anyone is thinking of buying wait for under a dollar.  It'll flop around like Nortel.

 

 

 

Mon, 05/21/2012 - 09:22 | 2447102 boogerbently
boogerbently's picture

FB $36.60 Pre-Market.

FB only went public to give the ORIGINAL investors a chance to get their $$$ back before FB started it's decline into social media obscurity. (see Friendster, MySpace....)

Mon, 05/21/2012 - 09:10 | 2447065 jjsilver
jjsilver's picture

Don't forget to add microsoft, yahoo and twitter

Mon, 05/21/2012 - 09:35 | 2447140 Pool Shark
Pool Shark's picture

 

 

NFLX?

 

Mon, 05/21/2012 - 09:56 | 2447244 The Alarmist
The Alarmist's picture

What about GE; Coke and Pepsi, while you are at it? Shit, I almost forgot the most important one ... Monsanto.

Mon, 05/21/2012 - 11:29 | 2447672 Thisson
Thisson's picture

You crazies are seriously giving Bank Guy in Brussels upvotes for this drivel?  Government is so smart it's planning facebook and hand-selecting Zuckerberg from a group of "ultra zionists"???  Ridiculous theory.  But I suppose anything that mentions "zionists" will get up-votes from this crowd.

Mon, 05/21/2012 - 09:28 | 2447117 Karl von Bahnhof
Karl von Bahnhof's picture

And it is lot of fun...

Mon, 05/21/2012 - 08:36 | 2446959 Ethics Gradient
Ethics Gradient's picture

I can think of few better ways of experiencing organic, free range, guilt free and responsibily sourced schadenfreude than laughing at Facebook.

Mon, 05/21/2012 - 09:30 | 2447121 GMadScientist
GMadScientist's picture

Truly sustainable bandini.

Mon, 05/21/2012 - 08:37 | 2446964 JackT
JackT's picture

Are you kidding me?  It was suppose to save the world.  How could you possibly not care?  /sarc

Mon, 05/21/2012 - 08:40 | 2446976 dwdollar
dwdollar's picture

Everyone likes to see a train wreck.

Mon, 05/21/2012 - 08:45 | 2446988 ihedgemyhedges
ihedgemyhedges's picture

Now that Zuck is married, the bottom chart on the right will be very similar to the chart of his sex life................

Mon, 05/21/2012 - 09:07 | 2447060 Lost My Shorts
Lost My Shorts's picture

He was dating the chick for nine years, so I doubt his sex life will change dramatically.

Mon, 05/21/2012 - 09:11 | 2447068 ihedgemyhedges
ihedgemyhedges's picture

Yeah right.  Dating=marriage???????  Rookie...............................

Mon, 05/21/2012 - 09:42 | 2447172 Badabing
Badabing's picture

how do you stop a jap from having sex?

marry her!

Mon, 05/21/2012 - 09:12 | 2447073 Dadburnitpa
Dadburnitpa's picture

Just the thought of his sex life made me throw up in my mouth a little.

Mon, 05/21/2012 - 09:14 | 2447077 Flakmeister
Flakmeister's picture

Agreed, his sex life was likely already dead....

Mon, 05/21/2012 - 08:46 | 2446993 WAMO556
WAMO556's picture

I Plussed ya. I LOVE train wrecks where EVERYTHING goes EVERYWHERE!!! Fucking messy shit, people wondering WTF just happened, standing around with nothing on their minds, because the just got EFF'ed. Guys like me who THRIVE in chaos - LOVE THIS SHIT. CRY HAVOC AND LET SLIP ME AND MY BROTHERS!!! Fuck Yeah!!!

Mon, 05/21/2012 - 09:18 | 2447088 fuu
fuu's picture

Hail Eris.

Mon, 05/21/2012 - 09:31 | 2447127 GMadScientist
GMadScientist's picture

+1 for loving your work.

Mon, 05/21/2012 - 09:40 | 2447160 daxtonbrown
daxtonbrown's picture

From these charts I fear it may be almost too late to buy into Facebook before it goes ballistic.Fortunately I will be able to tap my children's college fund to give them a better future.

Mon, 05/21/2012 - 08:36 | 2446956 Gully Foyle
Gully Foyle's picture

What is Facebook?

Mon, 05/21/2012 - 08:43 | 2446981 MayIMommaDogFac...
MayIMommaDogFace2theBananaPatch's picture

A social networking site where you can waste large portions of your day chit-chatting with all of the people you've spent the last 20 years trying to avoid.

Mon, 05/21/2012 - 08:53 | 2447014 FubarNation
FubarNation's picture

No shit.  There is a reason that I didn't keep in contact with you over the past couple of decades. 

 

If I did I would have called.

 

 

Mon, 05/21/2012 - 08:56 | 2447021 ihedgemyhedges
ihedgemyhedges's picture

Or, if you're unhappily married, you can search out old flames on the site and start working on a backup plan..........

Facebook affairs are running rampant............the site opened up a new way to cheat.  GOOD JOB ZUCK!!!!!!!  Hope your wife doesn't use your own brainchild against you...........

Mon, 05/21/2012 - 10:03 | 2447289 Freddie
Freddie's picture

LOL!

OMG - it is down 12% at $33.64 at 10:02 am.  Who would have ever thought?

Mon, 05/21/2012 - 10:21 | 2447397 Blammo
Blammo's picture

You can find it at      www.big waste of time .com..........check it out it's great

Mon, 05/21/2012 - 08:36 | 2446957 Lobbelt
Lobbelt's picture

I want to see Facebook go face down in the sand.

Mon, 05/21/2012 - 09:32 | 2447129 GMadScientist
GMadScientist's picture

...in flames.

Mon, 05/21/2012 - 08:36 | 2446960 Ted Baker
Ted Baker's picture

FB SHARE PRICE IS SET TO RISE TO $42-43 BY MARKET CLOSE AS NEW BUYERS WILL RUSH IN. DO NOT SHORT THEM.

Mon, 05/21/2012 - 08:38 | 2446967 Colombian Gringo
Colombian Gringo's picture

You must be long FB, a Zucker Sucker.

Mon, 05/21/2012 - 09:54 | 2447234 Harlequin001
Harlequin001's picture

I guess maybe he bought at $38 and needs to offload?

Mon, 05/21/2012 - 08:42 | 2446984 WAMO556
WAMO556's picture

All Right DUDE! Go for it! You go long. Stand by while I go short and see who wins. Come on dude PLEASE???!!! I double dog dare you!

Mon, 05/21/2012 - 09:25 | 2447111 boogerbently
boogerbently's picture

FB may be too scary low to short by the time you are legally able to (May 26 or 29).

Mon, 05/21/2012 - 08:48 | 2446998 Crispy
Crispy's picture

You must be mentally handicapped, and the most uninformed pumper ever. Shares wont even be available until T+3 at a minimum you troll. But 18 year old pumper trolls wouldnt even know about basic mkt mechanics, would you? 

Mon, 05/21/2012 - 09:32 | 2447133 GMadScientist
GMadScientist's picture

Take that bag off your head, Cramer.

Mon, 05/21/2012 - 08:37 | 2446962 Moneyswirth
Moneyswirth's picture

Facebook = America

 

Mon, 05/21/2012 - 09:05 | 2447054 YesWeKahn
YesWeKahn's picture

FACEBOOK =MYAss

Mon, 05/21/2012 - 08:37 | 2446963 Gully Foyle
Gully Foyle's picture

Moss: My mum's on Friendface. My mum! I've opened up another channel of communication with my mum.
Jen: Isn't that good?
Moss: No, it is not good! She has put down her current mood as 'sensual'.

Mon, 05/21/2012 - 08:48 | 2447001 farmjohnny
farmjohnny's picture

Moss: Have you turned it off and back on again......your welcome.

Mon, 05/21/2012 - 08:37 | 2446966 StockHut
StockHut's picture

The $100B question is: how will facebook become profitable?

Mon, 05/21/2012 - 08:51 | 2447010 bdc63
bdc63's picture

The $100B answer:  they won't.

Mon, 05/21/2012 - 10:33 | 2447454 mess nonster
mess nonster's picture

Yah. FB's real service- data mining- doesn't pay that well. CIA sez- why buy the cow when we get the milk for free?

Mon, 05/21/2012 - 11:41 | 2447730 Thisson
Thisson's picture

They will become a "Bank Holding Company" ?

Mon, 05/21/2012 - 09:01 | 2447043 Moneyswirth
Moneyswirth's picture

Zynga Games!

Mon, 05/21/2012 - 09:27 | 2447114 boogerbently
boogerbently's picture

.....with an IPO  :)

....Oh, you mean as a company.....for investors.....?????

Mon, 05/21/2012 - 09:35 | 2447141 GMadScientist
GMadScientist's picture

Make their broken default privacy settings in China?

Lay off every employee?

Get "bought" by Google?

 

Mon, 05/21/2012 - 09:58 | 2447263 The Alarmist
The Alarmist's picture

"The $100B question is: how will facebook become profitable?"

They don't need to ... they are simply going to suck everyone in the productive part of society into their black hole so that profits will no longer matter.

Mon, 05/21/2012 - 08:41 | 2446972 Mercury
Mercury's picture

How about: FB chart once everyone figures out they're paying a huge premium for AOL 2.0...

Mon, 05/21/2012 - 08:40 | 2446977 Seorse Gorog fr...
Seorse Gorog from that Quantum Entanglement Fund. alright_.-'s picture

Since we're wallowing in Facebook hit-pieces, is ZH going to remove their FB 'Like' button and their infernal tracking cookies? Go on. Don't be a hypocrite.

 

I doubt it though since Gollum hates and loves the Precious.

Mon, 05/21/2012 - 09:12 | 2447053 gaoptimize
gaoptimize's picture

I for one never said Facebook is worthless.  There is some fraction of the population that will always find intense and broad social networking of value, and as long as they can keep their inovators happy, and successfully integrate new features with existing ones, the majority of those people will ignore the privacy considerations and stay loyal (many having invested hundreds of hours archiving photos and memories on Facebook, much like scrap books).  There will be an advertising model that will work with this demographic and some premium services will sell.  But they will need to continuously inovate, buy, and adapt to "the next big thing" which will be expensive, or become MySpace.  Management and luck will determine if it is worth $5B or $20B.

Mon, 05/21/2012 - 08:42 | 2446983 falak pema
falak pema's picture

Mark the suger sucker, just married honeymooner,  says he doesn't care about Facebook business value more about its SOCIAL value; is MArk the USA's first socialist Oligarch? 

Mon, 05/21/2012 - 08:59 | 2447035 The Shootist
The Shootist's picture

No wonder he gives his bro 'the Long Legged Mack Daddy' such mad props all the time...

Mon, 05/21/2012 - 08:46 | 2446992 Crispy
Crispy's picture

L O FUCKING L....

Mon, 05/21/2012 - 08:49 | 2447005 Crispy
Crispy's picture

whoever junked me is long and strong...L O FUCKING L...

Mon, 05/21/2012 - 08:50 | 2447009 tawse57
tawse57's picture

It is just a website isn't it? I mean, what is so special about it?

Mon, 05/21/2012 - 09:00 | 2447038 prains
prains's picture

it makes narcissism quaint and fun, sounds like it should work for a lot of people

Mon, 05/21/2012 - 08:56 | 2447026 Elio Costa
Elio Costa's picture

The timing for standalone Facebook IPO was its best. From now on it's short sellers time to engage, until FB merges with MSOFT or someone else

Mon, 05/21/2012 - 08:59 | 2447036 AmazingLarry
AmazingLarry's picture

Got my stop in a tick below $0.00

Mon, 05/21/2012 - 09:02 | 2447045 SheepDog-One
SheepDog-One's picture

Govt and CIA Corp's will now be VERY angry at the peasants.

Mon, 05/21/2012 - 09:05 | 2447049 RacerX
RacerX's picture

I was wondering how long it'd take for someone to put out a Hitler rant on the FB IPO.

http://www.youtube.com/watch?v=PzVEK2QcdSw

 

Mon, 05/21/2012 - 09:05 | 2447051 YesWeKahn
YesWeKahn's picture

Unlike Apple, FB has no chinese love.

Mon, 05/21/2012 - 09:14 | 2447075 chinaguy
chinaguy's picture

yer right about that....neither Facebook or YouTube are accessible in China

Mon, 05/21/2012 - 09:11 | 2447069 chinaguy
chinaguy's picture

ooof - down 4% in pre-market trading

Mon, 05/21/2012 - 09:15 | 2447078 writingsonthewall
writingsonthewall's picture

Let me tell you why Facebook is doomed.

 

A friend of mine makes internet sites for small businesses - and a few weeks ago he was showing me how he puts them together.

They all want this 'social media' thing - so they have the usual twitter and facebook 'friends' to show satisfied customers.

The thing is YOU BUY these accounts, for a few $'s you can have 500 instant 'friends'. These accounts have no real people behind them, they are just dummy accounts.

 

They all claim to have 'real targetted fans' - but I have seen the accounts sent from one of these companies - they are all fake, not a single one was real. There was one Arab lady with the name 'Mark Davies'!!

Facebook include these accounts in their 900 Million users. They will NEVER click an advert, NEVER play a facebook game and NEVER engage in any pay activity with facebook.

Here is an example

http://gettyfans.com/services/facebook-marketing-services/facebook-fans-...

The numbers are bullshit - check out the link and see for yourself - or go searching - they are not too hard to find.

Mon, 05/21/2012 - 09:27 | 2447115 Centurion9.41
Centurion9.41's picture

So let me get this straight, we are supposed to believe a liar?

The point to the question, and not denying what you point out is going on, there is no way to verify athe claims by comanies in the social media space that do not charge a fee for membership other than their revenue lines.

On a significant # level, I think non-bought IDs are a bigger impact. For example, most people have more than one email account and savvy Internet/tech users often have several. And they make them for specific periods for specific purposes. That's why companies like Yahoo! have "business" accounts where for ~35/yr anyone can have an unlimited number of email accounts that all go to one address.

So go crazy, discount the users by 20%. It's still a huge number.

Marketing, as a profession, is 50% lies....

Mon, 05/21/2012 - 09:52 | 2447221 CrashX
CrashX's picture

Uhm... Global marketing, well just like anything else global, is 100% lies. Been there, lied about it.

Mon, 05/21/2012 - 10:04 | 2447297 writingsonthewall
writingsonthewall's picture

Who is a liar? - me?

All I know is I know these accounts exist - which means the facebook estimates of users is wrong - in fact MORE wrong as many people have multiple accounts.

The difference with 'people having multiple accounts' is they are not being created on an industrial scale!!

Fake google, yahoo and other accounts do exist - and I suspect they too are somewhat 'over-egged' - but the difference is the scale and the purpose for doing it.

Social media IS different - I've never been to a website promoting it's "over 500 Google e-mail account holding customers" - have you?

...but you've seen "we have over 500 FRIENDS" on every business from the smallest to the biggest

If we took your suggestion of 20% of the users - well you could easily assume that the REAL users on facebook are already at near maximum 'money liberation' - and that future revenue is based on 'new users' - a figure which is bumped up by the fake accounts.

20% of ALL FUTURE REVENUE PROJECTIONS FOR ALL FUTURE YEARS - now it seems a little more significant doesn't it?

 

Like I always say - don't take my word for it - check it out yourself. The caluclation for future revenues for facebook is simple.

 

USER GROWTH RATE x AVERAGE USER SPEND = FUTURE REVENUE STREAM

When one of those multiples is wrong - the formula changes significantly.

 

It looks like the market agree with me.

FB 33.85 -11.46%

 

Mon, 05/21/2012 - 12:12 | 2447890 haskelslocal
haskelslocal's picture

This is the condundrum for everything internet. Even ZH has imposters and multiple posters who are included as indivuduals. "Unique Users"... Ain't that the truth.

Tue, 05/22/2012 - 05:27 | 2450139 writingsonthewall
writingsonthewall's picture

True, but as I pointed out - the REASON is important.

 

usually people make multiple accounts on (say) ZH for

a) Trolling

b) Forgetting username / passwords

c) because you're a paid shill trying to deceive the public

 

However - with the exception of C - there is NO financial incentive to this.

 

The example I gave for FB does have one - hence the reason for greater skepticism.

Mon, 05/21/2012 - 09:16 | 2447083 monopoly
monopoly's picture

FB has been so over hyped that it IS important to talk about it. Soon it will just go the way of the others and trade as another boring social stock. But so many on Wall Street were so proud of their fees, the way they marketed the IPO and then it finally trades. Well, mud on the face of those who bought into this special mix of cool aid. Shortly, we will all be bored with the "hoodie" stock and move on. 

Mon, 05/21/2012 - 09:27 | 2447116 fuu
fuu's picture

Still short from 50,000 bitchez!

Mon, 05/21/2012 - 09:31 | 2447128 Centurion9.41
Centurion9.41's picture

The stickiness of FB is it's pictures.

Women and young girls make up the VAST majority of the activity. And that activity is focused around two things, gossip & pictures.

Most women will not spend the time and energy to migrate elsewhere, and in doing so have to rebuild their photo album, unless FB really, really, really pisses them off.

This is not like a clothing fad change. The pictures and gossip history are simply too sticky...

Mon, 05/21/2012 - 09:49 | 2447209 icanhasbailout
icanhasbailout's picture

anyone want to make a utility that automatically migrates your shit off FB?

Mon, 05/21/2012 - 11:09 | 2447583 CrashX
CrashX's picture

I'm certain that serial rapists and serial killers are ALREADY using FB to target victims. When these stories become rampant, which they will, then the gossip-addicts will rethink posting all of their PERSONAL information and photographs using their REAL NAMES to a website.
And yeah, I'm sure advertisers will just LOVE being associated with the site.
As for local businesses stupid enough to use the site - I'm sure the TBTF corporations will send them a nice thank you note for supplying them with their client lists.
The premise of that site is just SO idiotic. It exists for however long only as a testimony to the stupidity of the millions of idiots who use it.

Mon, 05/21/2012 - 11:49 | 2447777 Thisson
Thisson's picture

I agree in part and disagree in part.

I agree with your assessment that women/girls are the majority of activity.  I *disagree* on how sticky the pictures are.  For these women, the value is in posting CURRENT pictures of them out and about, as it is a display of social "status" to be going to "in" places (either having the money to afford to do it, or being on the invite list, or whatever).  The older pictures do not keep much value for this purpose.  The sticky part is already having the "Friends" to be able to display all of these new pictures to.

So, a new social network that can capture/import fb friends would not have a difficult time breaking into this space assuming everything else was in order (proper funding, etc.).   FB knows this, which is why they relentlessly copy any new social media feature, in order to rush it to market to their existing base before any new competitor can scale up to compete with them.

Mon, 05/21/2012 - 09:33 | 2447134 Lmo Mutton
Lmo Mutton's picture

Can you buy a FB escort?

She better know how to make a sammich.

Mon, 05/21/2012 - 09:42 | 2447159 Praetor
Praetor's picture

Bitch hung too long at 35. Funny business again.

Mon, 05/21/2012 - 09:58 | 2447262 fuu
fuu's picture

Floor at $33? Sat there for a minute or so before power off.

Mon, 05/21/2012 - 10:00 | 2447276 Praetor
Praetor's picture

Looks like 33.50 fuu.

Mon, 05/21/2012 - 10:15 | 2447358 Freddie
Freddie's picture

I think the plunge protection team's job is to keep this POS above $34.  A controlled implosion.

Mon, 05/21/2012 - 10:06 | 2447318 CrashX
CrashX's picture

As a web developer serving small businesses, this Facebook flop is likely to ruin me. I advised all of my clients to steer well clear of it -
But this asinine overhyped BS IPO is gonna f me big time. We haven't recovered from the first dot com crash.

I'm not normally paranoid - but I'm guessing the FB crash will result in another bailout. ZeroHedge is awesome at following the money. Who set up these dominoes? Who is orchestrating this disaster?

I don't know jack about stocks but I'm guessing FB will hit bottom today causing a "crisis" that was obviously well planned. Who profits from it?

Thanks.

Mon, 05/21/2012 - 10:20 | 2447390 Freddie
Freddie's picture

Dude - why will it ruin you?  Keep providing good services to small businesses.  Facebook imploding should not affect your business unless your clients hitched their star to FB.  As people migrate to new thing like Pinterest or Tumblr or whatever - you can migrate their business there.  Find a nice for them like on Craigslist and Linkedin.

I think Facebook has a controlled implosion.  Each day it will lose $2 to 3 until it gets down to $10.

Mon, 05/21/2012 - 10:32 | 2447451 CrashX
CrashX's picture

It's not even worth $10. Why and who would bother propping it up over time so that it only loses a few dollars a day?

Mon, 05/21/2012 - 10:24 | 2447410 CrashX
CrashX's picture

Oh, the reason I'm f'd is that Facebook is the "face" of the Internet to most of my prospective clients. When it fails they'll likely view the Internet as a failure. The recession is bad enough - having what people view as the Internet "cause" a depression...
So my profession is viewed as overhyped and worthless although my clients enjoy a healthy ROI.
How can they just create a fake value for a company - who buys the stocks? Is it just like a too big to fail circle jerk?
Here's a styrofoam cup. I say it's worth $38. Who does that, how do they do it, and why? And that Cramer idiot screaming "BUY BUY BUY this worthless cup for $38!!!"
By the end of the day, when it's still a worthless POS and it hits rock bottom, who makes out from the crisis?

Mon, 05/21/2012 - 10:28 | 2447439 q99x2
q99x2's picture

I'm glad it is helping the market go lower.

Mon, 05/21/2012 - 10:35 | 2447466 Bartanist
Bartanist's picture

You don't think they would dump it on the public funding (scamming) mechanisms if there was more growth int he future, now did you?

Pet Rocks and Beanie Babies

Mon, 05/21/2012 - 17:05 | 2448839 TraderTimm
TraderTimm's picture

The obvious answer is NUDEBOOK.

But seriously, the only thing propping up Facebook (besides their underwriters, who have now fled to their gold-lined panic rooms) is their advertising sales, and once that levels off and falls - they have nowhere else to go.

Again, facebook is nothing but repurposed advertising targeted in very granular ways. It needs users to survive, which by these graphs, show an alarming lack of interest.

Unless they start to get some new blood, the only red will be in their quarterly filings.

 

Mon, 05/21/2012 - 19:13 | 2449129 Dr_Lucid
Dr_Lucid's picture

That last chart may signal a decline in marital sex life, but I'll go on the record as to how well FB helps with an 'extramarital' sex life.

Do NOT follow this link or you will be banned from the site!