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99% of the people here have zero understanding of the stock market. And I suggest those people keep their noses out of it unless they intend on investing or considering investing into stock in the foreseeable future. But even then, stop posting no-news posts before you have researched and understood how things work.

So according to this logic... One could only discuss a movie if they went to film school... Could only discuss sports if they were a star athlete... Can only talk about a buggy program if they are a programmer... Can only provide an opinion on graphic design if they have a degree in art... Can only discuss politics if they were on the student council in high school... And I can keep going on and on.

Point being just because it is something you are obviously into, that does not give you the right to tell other people what they can and cannot discuss, especially on a website whose very existence hinges on the fact that people more often than not discuss things that they are not experts at, but that interest them in some way.

I worked for Merrill Lynch's trading desk and I said yesterday (comments on the IPO) that Facebook was going for a deep fall. So I'm the 1%.

This company is based on illusions and sells ads while people are hypnotized. It won't ever live up to the hype in the real world.

Google is a successful company because it promotes ads when people are actually searching for something, not necessarily having fun with those features that turn people into social zombies, the ones promoted on Facebook.

I'm sorry, but this is just the beginning.

If you lost money on Facebook, that's because you ignored your stock market homework and ignored basic principles... Fortunately, a lot of other people didn't.

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As I said before, people judging Facebook's future based on two days of trading are plain stupid.

Give it a month and then check again in 6 months, that will be a clearer picture (note that I think Facebook will tank, but not tomorrow as some people in this thread think it will).

It's not a misfortune, it's a gamble... if you don't know the risks of investing and go into it thinking "I'M GOINA BE RICH$$$$$$$" then you have a problem

It's still misfortune. Losing money as a result of ignorance is misfortune. Yes, they may have a problem, and they may be silly, but laughing at these people is wrong. They haven't done anything to harm you, but you believe it's fine to ridicule their worse-off position.

It's still misfortune. Losing money as a result of ignorance is misfortune. Yes, they may have a problem, and they may be silly, but laughing at these people is wrong. They haven't done anything to harm you, but you believe it's fine to ridicule their worse-off position.

So anytime you celebrate the fact you won something and someone else lost like in a sports event, its wrong and horrible? its basically the same thing, someone wins someone loses..

So anytime you celebrate the fact you won something and someone else lost like in a sports event, its wrong and horrible? its basically the same thing, someone wins someone loses..

No because I'm not celebrating their loss, I'm only celebrating the fact I won. Even when I win something over someone else, I sympathise with those who didn't win. Your question isn't even related because you're talking about winning something and celebrating that win; however I picked up on your post for something completely different: laughing at people who are now suffering (even if they're only suffering to a very minor degree, they've suffered a loss of some sort; however, it could be a major loss, which could mean they're suffering greatly).

No because I'm not celebrating their loss, I'm only celebrating the fact I won. Even when I win something over someone else, I sympathise with those who didn't win. Your question isn't even related because you're talking about winning something and celebrating that win; however I picked up on your post for something completely different: laughing at people who are now suffering (even if they're only suffering to a very minor degree, they've suffered a loss of some sort; however, it could be a major loss, which could mean they're suffering greatly).

Someone still won, someone sold them that stock and at the IPO price someone really won if someone else got stuck with it at a loss... stocks are just that a big game, and if they have a major loss they shouldn't of been in the market to start with, that is why they ALWAYS say "read the prospectus" first before investing in a stock... you can't say someone was nieve if they would of just done that understood what the company was about and comprehending it before throwing tons of cash at it

Someone still won, someone sold them that stock and at the IPO price someone really won if someone else got stuck with it at a loss... stocks are just that a big game, and if they have a major loss they shouldn't of been in the market to start with, that is why they ALWAYS say "read the prospectus" first before investing in a stock... you can't say someone was nieve if they would of just done that understood what the company was about and comprehending it before throwing tons of cash at it

I understand all of that, but that isn't my point. My point is that even though someone won, laughing at those who didn't win is a horrible thing to do :/, even if they were naive, ignorant, or stupid :)

That's what happens when reality hits Zucky in the face.

It is silly to think that Facebook is worth $100 bill. For god's sake they are a social media website, a FUD, that seems to be going down the Myspace route... plagued with adds and other crap... oopps sorry, they are not adds but "sponsored stories"

Realistically, considering the large user base they have, I would rate them at $10 per share.. although, even then I wouldn't put my money there.

http://www.marketwatch.com/story/how-facebook-could-destroy-the-us-economy-2012-05-22 - Facebook could destory the US Economy.

http://www.marketwatch.com/story/facebooks-zuckerberg-thiel-sell-shares-2012-05-22 - Mark Zuckerberg sells some of his shares

http://www.reuters.com/article/2012/05/22/us-usa-markets-facebook-idUSBRE84L0PE20120522 - Morgan Stanley, NASDAQ in trouble

Realistically Facebook would have to grow 41% for 5 years to maintain its 100 billion dollar value and that is not realistic growth in my eyes. The fact that it has such high value , if it does continue to taken what happens then. Is the Marketwatch article correct that it truely can bring about another economic drop? I have to say it is highly plausable.

True. Only rookies to the stock market expects otherwise.

it doesnt take a "rookie" to the market to know that facebook shouldnt be worth more than $100 billion. Its one thing for google to make money from their ads, but their ads reach out much father than their search result pages, facebook on the other hand is all containted within facebook.com, and is not diverse when it comes to making money at all.

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