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Facebook, Inc. (FB) Message Board

  • moneynow27 moneynow27 Jan 13, 2013 9:06 PM Flag

    Facebook is the epitome of narcissism.....

    Ah yes, narcissism.....The feeling of thinking you're more important than you really are.....Wow, look at me, I have a Facebook page.

    FACT: 70% of the US economy is driven by consumer spending...
    FACT: 95% of that 70% is driven by wealthy consumers.....
    FACT: Wealthy consumers could care less about Facebook, other than their kids being on the site.

    Facebook's IPO price was $38. If it ever reaches that price again, maybe by December 2013, it will hit more resistance than you can ever imagine. That is of course if it ever reaches that price again.

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