FB remains WORST superbubble in history, DOOMED to trade as PENNNY JUNK stock soon
Ladies, all you need to know is this: MySpace, the major competitor to FB, struggled to sell itself for a mere $35 million bucks, so by what logic does this obscene superbubble trade for its current preposterous valuation.
Ladies, you best learn from your intellectual superiors, you will NEVER learn these kinds of smart lessons from the slimy funds or their DISINFO big media shills!!!
You are so wrong !! Facebook is nothing like MySpace. MySpace was more of a teen thing. Facebook is for all ages and is so embedded in the world culture now that it will not be going away anytime soon if ever. Just look at all the commercials on TV...most companies have Facebook page and logo prominently displayed at the end of the commercial. With FB's extraordinary amount of users and and potential advertising data, advertisers will be coming to FB for access and paying a large amount of $$$. Buying at this level could be like buying Microsoft or Apple in the 80's / early 90's. I just see so much potential in FB and it was a blessing for the wall street professionals to hammer the stock price down from the IPO for the patient retail investor like me to get more shares before the huge run-up in the years to come.
All indications.. and this includes historical evidence.. points to FB trading in the single digits in the future. The bandwagon investing effect is what's keeping this atrocity floating above $20... and how long can that last? Does anyone really believe the economy is going to improve after the massive tax hikes right around the corner? Investors will be liquidating assets folks... This is when the real FB panic selling may begin... you'll have pressure from bagholders liquidating in a sliding market and more evident signs that FB is unable to further monetize their platform and build new revenue streams... It's going to get very ugly... The only question is 'How soon'?