If you see people walking around with crazed and glazed looks,
Then don't be phased by how they are dazed; they're the people that bought shares of facebook.
Many experts thought that after the initial IPO, the stock would double.
That's when you knew that there was going to be some trouble.
Never follow financial advice from what someone says in a magazine.
For example, the clear warning sign was given by Eduardo Saverin.
Even before the stock went on to the market, he was already making plans to leave the American shores.
To avoid paying taxes, he went offshore to become a citizen of Singapore.
It was strange that everyone gambled their money away on facebook as if they were at the Golden Nugget.
Why did everyone love it when none of the stock was bought by Warren Buffett?
This IPO could go down in history as the tip of a new financial iceberg.
You could say that shareholders are now on the Titanic with the navigator being Mark Zuckerberg.
Notice that after the IPO hit the market, he took the money and ran.
He then signed a prenup and married Priscilla Chan.
The stock opened up at a dollar value of thirty-eight.
For something so popular to start so low isn't that great.
Now, everyone feels tainted and dirty
Because the stock is now below thirty.
Off of this drop, the NYSE made a killing.
When it drops from 38 to zero, it won't be a coincidence like 38 Studios that was owned by Curt Schilling.
Very soon, facebook will soon be a passing fad and will be given the pie-face.
This social media leader will one day become this decade's version of MySpace.