... Sold for over $75 millions in 3+ months... We are living in a sick world. This is a scam company with no revenues, inflated IPO value, and absolutely no long term business strategy beside partnering with even more broken online game "companies". Executives shouldn't have the freedom to cash out fortunes when their business is yet to be proven. But it doesn't take a rocket scientist to figure out there is nothing but a stalker's website to capitalize on. Sandberg, I wonder if you can even convince yourself that was a well deserved financial reward...
Protect our kids and stop inflating only a few scammers' pockets... Do not buy FB, it is a nothing but a stock with a P/E of over 2800, a EPS of $0.01, and expenses above revenues.
The big funds that invested at the IPO and lost most of their feathers are the ones trying to drive the PPS close to what they paid for. They will then exit.
All "news" coming from management are mostly new tools for users rather than business development information. Being able to "track your friends" won't help the business to grow.
Just making those stalkers' life easier. why does our country allow such a feature on a website when most of users are teens???????
Management is desperate to attract investors and put our kids' lives in jeopardy.
Do not invest in FB, close your account, close your kid's account, for the sake of our generation.