TV and news stories made it sound like Facebook was going to go to $1,000 per share within a few months, although I never bought it, since I knew it was extremely overvalued. Before the IPO, this stock was constantly being talked about on TV and constant news stories on the internet. Pump and dump still works on the average Joe. So many gullible people out there that cannot think for themselves. There are people out there guiding most people's lives and they don't even know it. For example, new smartphone comes out each year and so many people have to go out and buy a new one every year, like clockwork, even though their current cell phone works just fine. What a waste of money buying new phones and tablets every year and a waste of the earth's precious resources. Some of these people are on unemployment and food stamps. They barely have enough money for food, but magically they always have enough money to buy a new smartphone each year.