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Wish I could find my old post on Facebook


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#1 nimblebear

nimblebear

    Welcome to the Dark Side !

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Posted 04 September 2012 - 03:52 PM

where I forecasted it would drop below $16 before the end of the year. Probably on SOH board, but either way these things are obvious: 1) They (including especially the folks who assembled the IPO) bilked and lied to a lot of people about their business model 2) Zucker-borg just doesn't have the savvy to run a business. If he is anything more involved than just a figure-head, people working at the company are really screwed. 3) Just because you are one of nearly a billion who use FB, doesn't mean you are advertising dollar worthy, or willing to plunk anymore money down bc of FB or anything you might become aware of bc of FB. In less than 5 years, FB will either be under another name, merged with another company, or go the way of Myspace.
OTIS.