I don't think people are bearish on FB, they are bearish at the current valuation of ~100B. Say, if the FB IPO was at $1 Billion valuation, then the same peopl

I don't think people are bearish on FB, they are bearish at the current valuation of ~100B. Say, if the FB IPO was at $1 Billion valuation, then the same people would have been bullish on it. So, it depends.