Re: [projectvrm] Facebook IPO

[Judi Clark < >]

Shocked. I'm simply shocked that this kind of behavior is tolerated.
Who's in charge here?


On 11/20/11 11:31 AM, Joyce Searls wrote:
> http://www.thedailybeast.com/cheats/2011/11/18/facebook-tracks-people-without-accounts.html#comments
>
> On Nov 18, 2011, at 11:05 AM, Devon Loffreto wrote:
>
>> As I think about it, the coordinated shorting is not the point... aside 
>> from an #OWS value objective... there doesn't really need to be any 
>> obvious coordination on the short side of the equation.
>>
>> Really its all about coordinating the disabling of accounts. That is the 
>> act that destroys the stock value and biz model.
>>
>> Can you think of a public stock where the product that creates revenues 
>> can turn itself off? Not even LinkedIn products can do that.
>>
>> Which means that Facebook is going to have to disable its products ability 
>> to disable themselves. You will have to stay or destroy your account, 
>> otherwise the biz model is exploitable.
>>
>> Thats a PR mess. It points to the flaw in the business model of social 
>> networks that have their users positioned as products.
>>
>> Devon Loffreto
>>
>> On Fri, Nov 18, 2011 at 1:06 PM, Devon Loffreto 
>> <
 >
>>  wrote:
>> They may... likely would... but how many times does it happen before the 
>> Facebook model is structurally questioned to the point of a market 
>> movement that requires no coordination?
>>
>> People as product on a social network is a zero-profit formula... what 
>> does that realization do to the stock value?
>>
>> Devon
>>
>>
>> On Fri, Nov 18, 2011 at 1:03 PM, Mary Hodder 
>> <
 >
>>  wrote:
>> Wouldn't the SEC stop the shorting, if they noticed a coordinated effort 
>> like this to profit?
>>
>> Recently there have been several instances of the SEC stopping trades 
>> right after something happened that caused the market to 
>> act in concert.. in some way that they deemed uncool..
>>
>> I would guess they would reset all the trades and not allow it.
>>
>> mary
>>
>> On Nov 18, 2011, at 9:55 AM, Devon Loffreto wrote:
>>
>>> Has anyone on this list heard of any talk concerning making an example of 
>>> the broken business model of Facebook?
>>>
>>> With each of its users structured as product, I have yet to see any talk 
>>> about the three step process of taking Facebook down once they go public:
>>>
>>> Short:Disable:Profit
>>>
>>> Short the stock
>>> Disable your account
>>> Profit on the result
>>>
>>> If only 10% of the users were involved (80m), it would send shock waves 
>>> through the Facebook revenue model. And it would seem that occupy style 
>>> coordination would yield a far greater possibility than that.
>>>
>>> If groups like this want to manage their relationships with vendors more 
>>> effectively, every opportunity to correct structural flaws must be seized.
>>>
>>> Negative screams, positive whispers. 
>>>
>>> Moo!
>>>
>>> Devon Loffreto 
>>>
>>> ps. Unless of course FB is planning on disabling your ability to disable 
>>> your account once it goes public...? Better to know now than later.
>>
>>
>


-- 
 Judi Clark, Digital ID Coach          

 
 Helping you pull yourself together   http://digitalIDcoach.com