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1021. Humpty Dumpty Joe [Biden]
I've been quiet enough. It took me a long time to get on Obama (OBlunder) when in his times he screwed up America along with his sideki...
Wednesday, May 30, 2012
596. OUCH Facebook Fans
There's a lot of noise out there against Facebook, such as another comment that Facebook will continue to drop to the norm of competitors. I already indicated this and continue to agree that only shorting the stock will be profitable. Given all the lawsuits already claiming that Facebook told the underwriters of poor marketing results after the prospectus was finalized and in their hands, but NOT the public might have provided privileged information to the big investors, but not you and me. I never invested, so I'm spared the drop from around $42 at IPO open to somewhere near 28 today and more following. SHORT IT. Maybe they'll get lucky and have a suitor like Apple save their skin.
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