...because some company needs to be the amazon of the social platform and FB can be "it" i was short FB and made a quick 5$ but i was sweating it as the stock went down in fear of a huge spike upwards. i'm now long FB and i'll tell you why... the reason FB stock went in the tank is because it was mismanaged in its offering and probable due to technical infrastructure glitches as well. it had nothing to do with fundamentals of FB or about the inherent intangible asset value but rather on emotions, good or bad that drove the value of the stock downwards. as far as revenues go, do you know that internet marketers use FB as a means to advertise and sell goods and services for a profit in form of ads? just as internet marketers use google adsense, internet marketers will now use FB even more as applications and services will continue to mature on the FB platform. GM may not have been successful but many people are. i see FB revenues will be an upward sloping curve as FB will find a way to monetize the mobile arena. they are either going to find some programmer that is going to solve the riddle because like everything else in the internet world, the technological innovation is constantly being developed and to assume that mobile advertising won't be solved is highly unlikely. these cnbc analysts that suggest that FB has to generate enormous revenues to offset its current stock price are completely wrong. FB is in the early stages of its earning potential and business life cycle. these cnbc analysts are using a wrong metric in estimating the market value of FB. first off, they are over valuating FB and therefore their revenue model is overstated thinking that earning multiples will have to double every year. if FB can continue to innovate, monetize, and ultimately, be THE social platform for end users, the stock price will take care of itself. i suggest FB buy twitter and as many social platforms because that way, they could funnel the various social platforms from its homepage and sell the advertise space. i wasn't a big fan of FB initially but the one thing i use it for is to connect with missing school friends and former acquaintances...which is neat! i tried using google+ but more people are on FB than google+ and google+ is trying to index your social connections to its search field, which is kind of scary...so stick with FB. now that the easy money on the short has been made, what you are going to see in about a month when FB discloses its earnings is, they are going to beat estimates significantly causing the stock to shoot up around $45. it will probable sell off to around $38 and will bounce in between $38 and $45 until the second earnings report. that's when i see this stock start to gain the momentum towards to $50 - $60. i would not count out FB just yet. in fact, i believe in the short term, FB stock price will surprise many to the upside. in the long-term though, if the company can even maximize either on mobile advertising and/or traffic generating in the form of THE social platform used by end users, FB can be long-term investment.