What growth? FB has no growth-Ad revenue start declining soon. Znga loss will result 15% decline
in Revenue. Citi laying off 11,000 people. All the defense companies laying off. 2013 is going to be a lousy year for FB. With higher tax rates in 2013, insiders and VCs are bound to sell this garbage in the next 3 weeks. IPO buyers are in deep water and vound to sell and take a loss. FB is a FAD and not even worth $10. Sell now and be happy. YOU will see under 10 in 2013.
If Znga is indeed 15% of Facebok's revenue, that customer loss represents a significant vendor and will probably have a material adverse effect on Facebook's operatins on a go forward basis. .Can that customer be replaced by others? If not this is not an encouraging sign for