83 Million Facebook Fake Accounts Drop Facebook Shares

   The history repeats itself, but the idiots don't learn, especially if they use Facebook. That's another lesson that we have learnt today.
  
   It was very suddenly discovered that almost 10% of Facebook accounts are fake. What a surprise!Nobody could've thought that, especially considering the amount of Facebook spam. And indeed, you may have thought that those spam messages are sent by the same brainwashed idiots who voted for you know who. But it turns out that even those idiots are a bit smarter than that.

   Here is what the great and only Mashable has reported:

The number of fake accounts on Facebook is roughly the size of Egypt’s population and larger than most of the world’s countries..." thus, "a total of 8.7% — or 83 million — accounts on the network are bogus.

   But that's just one reason why Facebook shares are plummeting. Another three reasons - according to Huffington Post - are: "ongoing doubts about its growth prospects, a string of recent executive departures, and the Aug. 16 expiration of a lockup period on insiders' share sales".
   
   So if you have bought the Facebook shares during the first days of IPO, it really is the time to blow your brains out:

 The stock hit a low of $19.82 in heavy trading on Thursday afternoon. It has now lost almost half its value since debuting at $38 in May in the largest IPO ever.

But the smug fuck keeps on smiling because he's smug!

So follow me on Twitter: https://twitter.com/#!/ElectroTowel 

Get UnFacebooked or Go Nuts Facebook Style!

Greeting and Salutations!

This blog will not teach you how to get unfacebooked. It will teach you nothing at at all. So why did I say "Get Unfacebooked"?!

Buy some condoms that will increase the duration of your orgasm!

Buy some "Likes" for your Facebook page that nobody will "like" anyway!

Buy your girlfried some lingerie that will not make her look like a supermodel - but will sure drain your wallet! So you will look like this guy:

And so much more! You gotta buy all of it! You gotta be cool! You gotta use Facebook! You gotta click on all of its ads! Wooohoo!

Gotta make the rich guys richer! The world was created for Mark Zuckerberg and his buddies!

And don't forget to marry them too, even if you're a straight man:

Money! Money! Money!

Did the author of this post went nuts? You Bet.

P.S. if you really wanna get unfacebooked, go get a real life and stop reading stupid blogs like this one. As a matter of fact, don't read any blogs at all. Read fucking books man! Gotta download them for free from Gutenberg Project. Yes, man. Why the heck do you need to pay for inferior books when you can get better ones for free?!

You hate me, huh? You don't wanna read. You wanna see the headlines and preferably not even on Twitter - where you have to read them - but on Pinterest, where you can see them as photos, right? Ha-ha! Ha-ha! The coming is coming to an end! It's ending! Ha-ha! Ha-ha! I'm gonna spam you! So waste some more of your time and Follow Me on Twitter!

Facebook Prediction That Was Right

Congratulate me! Facebook shares followed my second prediction:

After the big drop they rebounded a few percentage points: on Wednesday, May 23 - "up 3 percent for the day"  - and then a little more on Thursday, May 24  "up 3.2 percent to $33.03" . It was not as dramatic as ABC News has put it though: "Facebook stock closed up for the second day in a row as Facebook's underwriters continued to face heat over whether they gave an unfair advantage to preferred clients." Those lawsuits did matter, but the sceptical market was far more important. But even more important was the future. And if - as ABC News has implied -this rise was a reversal of the Facebook share price trend, then the second half of my Facebook prediction woudn't have come true - BUT IT DID! Facebook shares continued their slide - "down more than 16% from the price of its initial public offering one week ago -- a market debut that infuriated investors and prompted a lawsuit," just as I predicted in my 1st blog post - Yesterday Prediction and Facebook Future.

I have even predicted those suckers calling themselves "Facebook investors" - the ones who have become "infuriated investors". Here is my little advice to them: read blogs like this one if you want to avoid being "Facebooked" in your ass. "OOOOH YEAH! Mark is a big fucker!" His girlfriend-wife - Priscilla Chan - must be exclaiming right now.

And pay attention to this photo:

Does she look like she's saying: "I screwed that cocksucker!"?

Somebody has to screw a person who had screwed everybody else. AND NO! I am not rejoicing in other people's losses, but I have to admit that Mark Zuckerberg did make a number of Zuckers:

So Get UnFacebooked and Follow me on Twitter!

Yesterday Prediction and Facebook Future

My recent article - Why Facebook Shares Will Plummet - has not yet been published, and Facebook shares did plummet just yesterday.

You can imagine how badly it must've felt learning about one's prediction without it actually having been published - thanks to a few complications, including my own procrastination:

 

But bullshit aside, it was just the first cycle of Facebook share game. The second is up to a good start tomorrow morning. And you can bet that it will rebound a few percentage points. But in the long run it will drop at least 15% more, down to a 70 billion dollar valuation, possibly even further down if a few factors are met - I'll talk about those few factors in future blog posts.

The reasons for this seem obvious, but strangely enough both Forbes and BBC have overlooked the vast majority of them. It is fair to say, however, that BBC did mention one of them:

The only reason a company floats on the stock market is to sell its shares for more than they are worth.

Not to brag - though I really want to - I wrote the very same thing a long time ago in that still unpublished article: "Mister Mark Zuckerberg knows that Facebook has reached its zenith, so he wants to cash in for a few billion and then use those billions to buy even more Facebook shares, so that he could have even more complete control over Facebook - and even more importantly - get even richer than before."

And indeed, he may be the best candidate for the position of world's next richest man, especially considering that

Facebook made a net profit of $355m (£230m) on revenues of $1.2bn in the first nine months of 2010.

But then again: do you use something "free" that makes its money off you?

By the way, here is another reason why Facebook shares will plummet, as pointed out by Forbes:
"A variety of insiders are now planning to sell more shares:

• Tiger Global upped the number of shares it will sell to 23.4 million, from 3.4 million.
• Mail.ru upped its planned sale to 19.6 million from 11.3 million.
• Accel Partners now plans to sell 49 million shares, up from 38.2 million.
• DST Group will sell 45.7 million shares, up from 26.3 million.
• Goldman Sachs will sell 28.7 million shares, up from 13.2 million.
• Greylock will sell 7.6 million shares, up from 7 million.
• Peter Thiel will sell 16.8 million shares, up from 7.7 million."

That happened right before the Facebook IPO.

Did anyone buy? Many suckers did. Corporations have cashed in, as usual.

But those two reasons are just a tip of the iceberg about to hit Titanic called Facebook. But all the same, we should thank that lovely guy Mark Zuckerberg. Who knew a website can be so destructive and unproductive while appearing to be helping you with something? The Real Titanic of 21st century, far more destructive than any other human creation. You may of course disagree and point out to revolutions caused by CIA and FBI - but even then, CIA and FBI orchestrated revolutions long before Facebook was "invented".

And as said before, those two reasons are just a tip of that Facebook-Titanic iceberg - many more will be explored in the new blog posts and eventually published in a big comprehensive article on my own website - ElectroTowel, Where Funny and Social Meet -, where you can currently find an article Why Facebook Is Not Free and Never Will Be.

And you can always follow me on Twitter: https://twitter.com/#!/ElectroTowel

Last, but not least, here is a video on the news of Facebook shares plummeting like a piece of shit: