A new Tech Bubble ,Basing itself on ADVERTISING REVENUE ,in a period of Global Deflation ,OK ,kids ,personally as soon as the smoke and mirrors is exposed to transparency ,well hey the Laws of Capitialist acculumulation also applies to Facebook . Watch as the share price rises ,thats the speculators then peak only totally collapse with THE PROFIT TAKING and assett stripping . Hey ,The greek capitialists who never pay tax will probably be major "Investors". Capitialism is so predictable ! Thats its real problem .$38 dollars a share is right up there with the Y2000 bug SCAM! HELLO,what revenue ,AVERTISING ,the most unstable of all Capitialist Industry ,Its worth about 38cents a share in reality! DON"T BUY BIG TIME! Gee, the Capitialist market tells us that facebook is woth $115 BILLION , http://www.google.com.au/url?sa=t&r...zKTfCA&usg=AFQjCNGB8Xm_vnYIPwsNcn83ZocjjjxzTA $42 a share ,what does facebook do again??,what does it create ,oh thats right nothing ,its a platform for the Advertising industry ,thats right ,The Advertising smoke and mirrors ,anyone that hasn't ever been misled by the ADVERTISING INDUSTRY? Facebook ,well ok Tech bubble away!
That's how a lot of folks get rich, they start some sort of glamorous business then sell shares in it and run with the money. Of course they stick around to make it a success, but if its not, they walk with a ton of money + all the giant wages they pay themselves.
$42 and going UP ,oh how good it all looks Money flowing again ,movement of speculative capitial ,showing the way we Humans must go ,hey the Capitilist Market says then ,IT IS TRUE ,all Hail facebook ,thats produces nothing ,creates NOTHING ,adds value to NOTHING .CREATES NO PROFIT ,in itself as a corporation ,the Non -nothing that is Facebook at $42 and going up ,Ok Capitialism has truely gone nutter ,get away from the economic lvers of Capitialism ,Rupert murdoch put down the levers move away from the Facebook RUPERT ,no MURDOCH . i wonder if that other print Advertisement mogul Rupert Murdoch will rename it FOXBOOK.When he owns it .
Fools rush in , where the more astute, bide their time. As Warren Buffet said - "Long ago, Sir Isaac Newton gave us three laws of motion, which were the work of genius. But Sir Isaac's talents didn't extend to investing: He lost a bundle in the South Sea Bubble, explaining later, 'I can calculate the movement of the stars, but not the madness of men.' If he had not been traumatized by this loss, Sir Isaac might well have gone on to discover the Fourth Law of Motion: For investors as a whole, returns decrease as motion increases cheers.
Even light has a limit as to speed ,and the speed of money circulation has hit its.I am still waiting for the Y2000 bug to hit every computer in the world ,i like seeing over inflated bubbles explode in the faces of the Post-modernists who base themselves like facebook ON nothing . worth a $100 000 000 plus ,my arse ,what does facebook do again oh thats right it gathers the information of 12 year olds and sells this great depository of teenage thinking to well quite frankly Idiot coroprations . 900 million subscribers ,WOW ,and about 899 000 000 are younger then 15,last time I looked the rest of us are to busy working 10-16hour shifts trying to keep our heads above water . This is going to be funny as they start asking what does facebook make ,and working out that they make no wealth at all.Call it the Revenge of the real world.Sorry kiddies 15year olds and younger do not determine society .Wait your turn . Facebook at 38 cents a share would be its proper valuation ,ready for the drop.? We had a dot com bubble already burst remember ? Could well be the catalyst for GFC 2.0,hey housing is bust ! What does Facebook actually make again?
I know. This has to be the most spectacularly over-hyped IPO for a spectacularly over-valued company ever. It couldn't even close above its opening price.
I hear Bono walked about with OVER a billion dollars. See? The originals are selling. WHich means in a short while, those of you who bought today will see your investment shrink by...oh, i'd say at least half by tuesday/wednsday next week. Just my take. The lefty 1% has done it again. Suckahs.
Yep ,those that knew the smoke and mirrors when they checked the books ,gee do Investors get to check the books ,yep THEY DO,well its hard when the books are ,CASH=$0 might happens ,could be's ,900 000 000 NOT ALL ACTIVE users ,i reckon about 5% use it regularly ,after the initial hey family photo swaps and inane banter wears off ,about a week ,Then what happens HOW MANY FACEBOOK ACCOUNTS ARE ACTUALLY USED REGULARLY is what figure i would want to know ,and if they charge a fee for accounts then hey watch 900 000 000 ,evaporate overnight , Advertisement platform and that is what Facebook is , woth $100 000 000 000 plus,INSANITY. $100 000 000 000 for a social networking FAD! Capitialism gone nutty! And that idiot Zuckerman ,talking about "Expanding into China 'yeah right whatever ,stupid! The guru of world capitialism ,Zuckerman I don't think so did he finish university ? i will give him that he knows how to be a shyster and great Con artist but thats about it . Bono knows the true situation and well, is about to take the money and run! Do you think others wil follow ?
And the wheels are falling off the float as we speak ,$38 for shares worth 38cents . the middle class are truely a avarice self seeking lot filled with self hype that smashes on the rocks of capitialist markets this will be a spectacular collapse i feel it in my Bones .$38 indeed a share on no assetts at all gee if you log on to facebook does that mean you are tied to them?FOREVER? and if the information they gather isn't constatly being UPDATED by the users then ,isn't that inaccurate Old information ?so therefore next to useless .? hey if I want to buy something i will go maybe to E-Bay.Not Facebook. Show me the money Zuckerman,heaps of dreams and maybes and could be if onlys,but no assets they probably rent their buildings is my guess.
I wouldn`t invest in facebook myself, but then, neither would I gloat over the anticipated missfortunes and pain of others.
It was probably too expensive in the first place. I wonder if shares were cheaper would they have been up a little more?
Does zucker whatever now form a partnership with his idol Rupert murdoch ,as he enters the capitialist class and how many "subscribers will be left when they start charging for Facebook space? I wish people would realise that the internet can only ever value add ,never value make. Or are we now in the alternative universe where GM which makes real things cars for instance is valued the same as a 8year old company yet to show how it makes a buck? give me a GM Car anyday,ITS REAL! Advertising industry with its platform called facebook is not a maker of anything other then Hype! they are good hyping facebook up to 38 Dollars instead of the 38cents it is truely worth! And how insane are bthe markets to believe the crap.Amazing ,new lows in IQ expressed within the loony tunes market ,hey i reckon greek capitial will get involved as it seeks a haven ,oh well the things cactus now! goodbye Farcebook.