oh ye of little knowledge. facebook is a marketing research firm, there is value in the fact they have how many millions of people participating in their research studies and marketing program? worth $38 a share worth more than $10 a share? yes
[citation][nom]santeana[/nom]This is just stupid. These people bought all these shares at ridiculous prices in the first place, especially seeing as how facebook has no intrinsic value whatsoever! It's worth so much money simply because someone decided it is! Apple is seriously overpriced too, but they actually MAKE A PRODUCT! They have a tangible product that sells and makes them money! Facebook has nothing of the sort. And now all these people are suffering from buyer's remorse and want their money refunded. It's their own fault for not doing a bit of homework before they bought the shares![/citation]
[citation][nom]santeana[/nom]This is just stupid. These people bought all these shares at ridiculous prices in the first place, especially seeing as how facebook has no intrinsic value whatsoever! It's worth so much money simply because someone decided it is! Apple is seriously overpriced too, but they actually MAKE A PRODUCT! They have a tangible product that sells and makes them money! Facebook has nothing of the sort. And now all these people are suffering from buyer's remorse and want their money refunded. It's their own fault for not doing a bit of homework before they bought the shares![/citation]