Esc7: thornhill: HMS_Blinkin: Is there anyone that didn't see that coming a mile away? FB stocks were so over-pumped before the IPO, it was almost guaranteed that they'd peak during their first day or two of trading.All the data was out there about how poorly their ad revenue compares to Google and yet the valuation assumed they'd somehow surpass Google.But this is the nature of speculation...People are assuming that having 1 billion users must mean something. That this social network will be important enough to users for them to suffer advertising in large enough quantities to make a profit.Even though internet advertising has been around since the 90s and Google ostensibly makes it bread and butter that way, I'm still not convinced that there's just enough money in web advertising for it be where all the money comes from.
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