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Amidst the commotion over what the sell-side told favored clients ahead of the Facebook IPO,...

Amidst the commotion over what the sell-side told favored clients ahead of the Facebook IPO, Jeff Matthews points out the company's revenue growth (publicly available) has been sliding sharply for over a year. Maybe a bigger warning sign, Zynga - the equivalent of a hot-dog vendor in Yankee Stadium (FB is The Stadium) - is slowing at an even sharper rate. "People wanted to buy Facebook, no matter what."
Comments (3)
  • Like any product advertised and offered at a store at a price, it's always up to the consumer to decide whether it's worth the price and would be a good buy. Of course, in this country, nothing is the responsibility of the decision-makers anymore, whether it be houses, mortgages, IPO's, you name it.

     

    It's always somebody else's fault that one made a stupid purchase, paid too much or executed a bad deal. And, one gets mad and finds somebody to sue (so, some lawyers can get rich). It's the American Way.

     

    People who engage in this behavior would be better served buying a mirror.
    23 May 2012, 08:32 AM Reply Like
  • Boy howdy. You nailed present day America. Ninnies on the Left and Ted Nugent on the Right.
    23 May 2012, 10:23 AM Reply Like
  • You want signs and a warning?

     

    How about an article I wrote in January 2011:

     

    Betting Against Facebook
    http://seekingalpha.co...
    23 May 2012, 09:09 AM Reply Like
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