Facebook Sued for $15 Billion for Illegally Tracking Users

I don't mind the tech bubble failing this time. Last time it crushed me and I had nothing left to invest. Stock market is phony anyways.

 

HAHAHA This is so awesome! I do use Facebook but with caution, though my life would not lose the slightest iota of quality over it; in fact, the schadenfreud of FB's demise would delight me.

I hope the lawsuit succeeds and Facebook crashes and burns!

 

^I agree, even though I have an Assface page. I could really give a shit less if something were to happen to it.

 

I wonder if there is a Facebook group for people who want to join in on the lawsuit?

 

Man today has been a great day.

Retaliate that corruption!!!

 

That is exactly how I feel, May.

 

yeeees finely finely,its about freaking time to kill that stupid site! Thanks skip for the awesome news,this made my day

 

I have never been to that sight. I'm an old welder dude.
However, if I simply walk from my computer, leaving it on, I sometimes get anywhere from 1 to maybe 7 or 8 pages all from Facebook and Twitter to log on!!
I contacted my virus protection folks, we worked for a month, to get rid of maleware,spamware, and other *redirecting* stuff I have no idea of what or how I got it.
And just when I thought it was licked, bam, a desktop with Facebook/Twitter inquires.
So yea, sign me up for the folks sueing thses scumbags.

Also, the guy I pay for fianancial advice from, said, to NOT buy into this.
He was the guy that warned me when tech stocks was going belly up in 2000, and we made a bunch of money, on their downfall.
I got into gold/silver when gold was $242.00 an ounce and silver was between 3 and 4 dollars, and my friends...well they did not.
Now look to biotech, it's beat up and abused badly as investors ran from it...thats where I look now.
Follow the herd, and you'll have a very short stock market existence.

 

I would flop too after selling my stock for $38 a share.

 

http://www.rt.com/news/facebook-lawsuit-billion-cookies-649/

 

Right on!

 

this is probably good news

who would like the business to inflate itself and cause harm?

sounds like the intrinsic value fits the bill.

it's a question of business performance now - rather than speculation.

plus - bono is a ****

and he has a huge amount of money invested in the business

he was set to become the richest musician in the world

ahead of paul mccartney

because he was given preference before anyone else could touch the company.

so if that doesn't happen - good.

 

anyways - it's trading public

so the fact people would like to see a powerful business on a weighted index fall

it's beyond me.

do you like being poor or something?

 

If the share price has a basement, that's well and fine, but no one holds stock that does not pay dividends or increase in value over time.

There is no room for sensationalism in stock picks.
You do careful research, find ethical companies that are well-run, invest in them for the long haul and be patient.

If you will soon need the money for your retirement or your children's education, the stock market is NOT a good place to be. It's too late to take the risk inherent in the market.

I know it is tempting to act on a hot stock tip or buy a lottery ticket, hoping it will get you out of debt, but I hope no one is gambling with money they can't afford to lose.

Facebook appears to be showing its true colors, aren't they? If they spy on their members, why are we buying their stock?

 

people hold stocks that show no growth or dividend for hedging purposes.

equally mutual funds offer great benefits for investments like pensions etc.

considering the transparency of the stock exchange.

anyways

with the amount of institutional investors that are present

following a 'hot tip' is wildly useless

it could be argued

that the general market is mostly efficient

and therefore extremely hard to beat

so your right to suggest people should avoid in terms of personal use.

however considering the nature of the stock market - and the average persons money being at stake

maybe facebook crashing would be the worst thing possible

considering any aforementioned derivatives and overall investor behaviour.

lets hope the business does well

since those involved are playing with our money eh?

 

sue sue sue sue

it's the new American dream

 

Right on