Monday, August 20, 2012

Facebook investors run for the exit


Is Facebook doomed?  Is the stock going into small cap territory?  It sure seems like it.  The social media company may be on it's way out as we wait for the next fad to creep in.  I'm curious what the next fad is for social media applications.  Maybe it's time for smart glasses with hands free ear adapters to allow cell phone and computer operations to be in front of our eyes at all times?  The smart phone has to die the death soon and another tech toy needs to take it's place.  

Meanwhile let's watch Facebook die from IPO to bankruptcy.  Truthfully I don't think Facebook is going to go away but if the stock plunges below $10.00 it might be worth an investment:
http://online.wsj.com/article/SB20000872396390443713704577601832028619176.html?ru=yahoo?mod=yahoo_itp
...developing...