Facebook – Biggest IPO Flop

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Published on: May 25, 2012

Headline says it all…according to Bloomberg.  However, is it really any surprise to anybody? Come on.  Who in their right mind invest on a company with no REAL assets?  Beyond me. As I have said all a long, Facebook is just another FAD. Sooner or later it will disappear just like all it’s social networking predecessor. Anyone still remember Friendster and Myspace? Thought so.

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