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This zero tolerance for credit is just plain idiotic. Pay yourself first(retirement, college, emergency savings), pay must pays second(Mort, medical, food, utilities, etc), then finance a toy if you want. Just don't over extend yourself. It's called common sense. People who over extend themselve have none and people wh...more
Trying to profit? Why can't people understand that he DID profit. and will profit even if the stock loses 99% from it's IPO price he is still worth around $170 Million. Assuming a 99% share loss, when did having a net worth of $170,000,000 become a failure?
FB is gone in 5 years....Remember MySpace....It's just a fad....Blah Blah Blah. Zucker and the other big pre IPO holders don't care. This was their swan song. They took 100+ Billion and when the absurd 90 day hold is done they will sell it. Even with a 95% loss Zucker is still just shy of billionaire status. What a co...more
If you don't think this kind of thing won't hit you in the wallet when it comes crashing down your haven't been paying attention the last few years. When the biggest IPO in U.S. history sucks all this money out of the economy and then crashes leaving such a minuscule number of investors well off and the rest reeling fr...more
yeah go for it, take your 401k, all 50-100k of it. When facebooks losses 90% of it's value because it produces NOTHING, your 401k will be worth 5-10k. BUT the great Zucker will still be worth 100's of millions. After all, he still lost 90% but it was 90% of 2 billion. A con to end all cons.
Zucker is playing you all for fools. He dosen't give a rats A$$ if facebook tanks in a couple of years. He grabs all this IPO money and when it tanks losing 90% of it's value when people come to terms that it produces nothing, he will still be worth 100's of million. All this on your 10-50k investment that is now onl...more
When are we going to stop calling them phones. I use a phone. Really it's just a phone, and I don't have a problem with "upgrade" fees. I have no sympathy for a bunch of brainwashed lemmings who feel the need to stay connected 24/7 with latest "g".
5/10/2012
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