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you don't have to be a pro investor or trader to see it happening. Heck, just spend a little time & logic and you can see they had/have nothing to sell aside from data (which Google seems to have the lock on)
I still stand by my MySpace comment. News Corp bought them for $580mil or so and sold for a rumoured $35mil.
Facebook I think will have same downfall. They really don't have anything tangible to sell, and tech users (especially younger ones) are a fickle bunch. here today, gone tomorrow
posted by 24.36.7...
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- Facebook stock hits $20!!!, dmz789qqq, Thu, 2 Aug 2012 09:20:53
- Appeal filed with the scoring judge, Bill Homer, Sat, 11 Aug 2012 06:59:02
- too many people blinded by media hype, Trev, Thu, 2 Aug 2012 18:14:07
- Re: Facebook stock hits $20!!!, turbosaab , Thu, 2 Aug 2012 13:09:26
- Re: Facebook stock hits $20!!!, Dean C, Thu, 2 Aug 2012 12:15:30
- That was me - I'm a total loser..., Scott Paterson , Thu, 2 Aug 2012 09:28:53
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