Saturday, May 26, 2012

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!

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