[AngelesCrestHighway]

"Investors who bought in Friday were left with a dried-out lemon..."

Kinda looks that way. All that damn hype told me that!

[dfwgator]

"See, I told you so."

[FlyingEagle]

Short of the century.

What is the revenue model? Profits?

Facebook is a website. If Facebook is worth billions, we should all be millionaires here on FR.

The banisters have done it again. What a fraud. Reminds me of AOL.

[canuck_conservative]

Why? There are four reasons:

(Excerpt)

Yup, figures. Just trying to drive traffic to the site?

You're allowed to excerpt 300 words from any source, BTW ...

[Michael.SF.]

Rule # 1 on IPO's:

If you are not already in, it is better to stay out.

[BuffaloJack]

1) Most Facebook patrons are liberals
2) Most Facebook patrons are socialists
3) Most Facebook patrons are progressives
4) Most Facebook patrons are communists
Conservatives are only there trolling for intel on liberals.

[Timber Rattler]

Investors learned some hard lessons from the dot-com bust, housing crash and financial crisis, and one of them was that corporate insiders, investors and big Wall Street banks don’t run offerings so John and Jane Q. Public can get rich.

Ready to call it a popped bubble yet?

[Buckeye McFrog]

If Facebook filed Chapter 7 tomorrow what would their creditors be able to claim?

A few million dollars worth of used Cisco hardware and some intellectual property. That’s about it.

[VRWC For Truth]

The game is rigged.

[wild74]

Might be worth more money if guffus would install the not like button...lol

[blueunicorn6]

1. People are stupid.
2. People are greedy.
3. The smart take from the stupid and greedy.

I explained it in only 3 reasons.

[SampleMan]

Reasons NOT TO buy Facebook stock at $38:
1. Has no profit to support that investment.
2. Has no conceivable way to generate #1 in the future.
3. As a fickle social networking site, it might disappear completely within 5 years, if/when another popular rage replaces it, i.e. Apple introduces a must have tablet with proprietary networking.
4. Its a leftist company

[2 Kool 2 Be 4-Gotten]

Compuserve, AOL, Genie, Myspace, Facebook.

Bunch of online communities have come and go. There will surely me more to come - one that offers even more than all the previous ones.