Facebook and the lemming effect

Word has it that the Facebook IPO is already oversubscribed.

The initial share issue values the company at around 100 billion.

Hmm... that seems mighty optimistic.

That's double the value of the Ford Motor Company.

It's more than Honda or Volkswagen. More than Siemens, the German engineering giant.

More than Kraft Foods, or American Express or Caterpillar.

Zuckerberg's wet-dream-gone-viral is worth more than Goldman Sachs.

Really?

Go short, my friends, go short!