facebook IPO is hype is you ask me
- Thread starter Penn
- Start date
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DCFusor
Yellow Jacket
No argument here - it's pretty obvious. A lot of people are going to get burned, and even the sell-side cheerleaders are warning retail every second on the boob tube right now.
This is the real guys and insiders cashing out...not getting some seed money to accelerate their growth - this is all 'paycheck' for them.
And once they get real shareholders and a board insisting they monetize their theft of world privacy, even the boiling frogs will hop out. I heard someone say they had 50+ accounts because they wanted insurance against being banned. Wonder how much of their huge user count is just that kind of thing and completely not real? Their advertising income so far says "a heck of a lot of the users aren't real consumers".
Not that fundamentals really matter much these days. But I'd be looking for a short entry myself.
This is the real guys and insiders cashing out...not getting some seed money to accelerate their growth - this is all 'paycheck' for them.
And once they get real shareholders and a board insisting they monetize their theft of world privacy, even the boiling frogs will hop out. I heard someone say they had 50+ accounts because they wanted insurance against being banned. Wonder how much of their huge user count is just that kind of thing and completely not real? Their advertising income so far says "a heck of a lot of the users aren't real consumers".
Not that fundamentals really matter much these days. But I'd be looking for a short entry myself.
Penn
Yellow Jacket
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LMAO! CNBC- was the IPO over hyped.
DUH!
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Hey on another note- my day was made today. Someone I know on facebook made a comment- "where is Ron Paul when you need him". The follow up comments - mean the post was for real. The interesting part is that the FB friend is a gay Jew. Which nulls the idea that either of those groups wont support him.
DUH!
-----------------------------
Hey on another note- my day was made today. Someone I know on facebook made a comment- "where is Ron Paul when you need him". The follow up comments - mean the post was for real. The interesting part is that the FB friend is a gay Jew. Which nulls the idea that either of those groups wont support him.