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Started by En_Route, May 28, 2012, 09:14:16 PM

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En_Route

I thought the shares were grossly overvalued in the IPO! given the uncertainty re  FB's ability to generate revenues and even it's ability to stay ahead of the pack in a milieu where consumers are fickle, trend- driven and pursue instant gratification and the next Zuckerberg may be just around the corner. I remember Friends Reunited being the talk of the town in the UK, and being subsequently sold for mega bucks but in the space of a couple of years being rendered totally moribund.

Some ideas are so stupid only an intellectual could believe them (Orwell).

jumbojak

Agreed. I wish I had a margin account open so I could short their stock. You could make a small fortune.

"Amazing what chimney sweeping can teach us, no? Keep your fire hot and
your flue clean."  - Ecurb Noselrub

"I'd be incensed by your impudence were I not so impressed by your memory." - Siz