When it's free...few wish to pay...and...with FACEBOOK exactly that occurred. When Government Motors pulled its advertising from FACEBOOK...and...that withdrawal was prior to the heralded FACEBOOK-IPO...it was an indication FACEBOOK lacked any value other than the cost of a few computer warehouses packed with computer-servers handling the FACEBOOK traffic.
According to HARVARD SCIENTISTS...the FACEBOOK investor was buying "cloud"...buying "whimsy"...buying "the air in a balloon...or...any other metaphor you choose fitting. Some investors finding themselves in such predicament have expressed bewilderment at how easily they were duped. As one investor said, "The easiest person to fool is yourself!"
One dude...having just lost $20 million in one day as FACEBOOK stock drops in value...a decline which will continue daily...until...that stock's value is only ONE CENT per SHARE...yes..that's correct...one U.S. penny, folks...one penny...and...that value is only because not anyone can bring themselves to admit FACEBOOK as worthless as a Zimbabwe trillion dollar note.
"FOOLS bought FACEBOOK" will be the mantra many will claim they were saying long before that FACEBOOK Initial Public Offering ever was on the drawing board. Yet...it will be documented that it was this BLOG which described FACEBOOK as almost worthless...and....anyone buying that stock should also consider getting in on the fast action around the BROOKLYN BRIDGE.