$ 15 not too far now. I feel the next quarter facebook will really have to fudge their earnings numbers to impress the investors or to maintain their interest in the company. I feel they will come up with surprising quarterly profit so that the stock will gain little bit on upside (so that they can continue looting people's money) otherwise the stock will continue its downturn.
Not only Facebook, but other Social Media shares are plummetting like a heavy rock slides. Groupon down, Facebook down, Zynga down. Suckers are feeling the pinch.
Here's for your eyes:
http://online.wsj.com/article/SB10000872396390443989204577599273177326912.html
Who's next? Angry Birds?
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