I typically don't like nor listen to anything Cramer has to say but if even he's yelling to sell sell sell FB stock and that people should demand a refund or some other compensation for what he calls the worst IPO ever...something's up. All of the kids at school are off FB because it became a place now where old people hang out. So while it may "eek" out a few more years it will essentially be myspace within 2 years tops...I think it will be more like a year. Apparently the timeline thing they're pushing so hard to get everyone on is for some sort of market crawling software that they need everyone to be on so the marketers can coordinate their efforts. You guys honestly think that as soon as you have to sit through a 30 second commercial before you can post anything on FB, that people are gonna stick around for that? It's an instant deal breaker, especially since there's going to be a plethora of competitors just waiting. Pinterest is where all the kids are now I guess...never been there myself so not sure what's different there, but that's the place everyone at school is talking about.
Plus there's a 15B class action lawsuit looming for FB that contends they track you even after you've logged out of the site. "IF" that suit holds any water FB will be over in way less than a year...fairly or unfairly if that perception gets out there it's over. I already know a handful of people that either completely got out or simply don't post anymore at FB because they think shit like that is going on. One of my good buddies in WA is a software designer for Microsoft and he said to get out if you care about being tracked because the new timeline, according to him, infects IE with what he called market crawl software.
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