Facebook takes a bath
Original post made by FB on Jul 26, 2012
If you have a home for sale right now, better cut your price and hope for the best. All those FB millionaires have lost 1/3 of their net worth in the last few weeks and may not be so free spending in the near future.
on Jul 26, 2012 at 6:52 pm
The Face Book quarterly results are very bad-but not surprising as FB has declining advertising revenues and their business is predicted to fail.
The IPO made a lot of money for insiders but the regular investor was fooled and deceived about the state of FB future earning.
FB was a fad that is going out of fashion.
on Jul 26, 2012 at 6:59 pm
FB college terrace = Sharon
Sharon has had it out for FB since someone defriended her.
Of course, she's an expert on fads.
on Jul 26, 2012 at 7:02 pm
ding, ding, ding
Alter nailed it.