What will FB close at today?

I'm still not so sure about Facebook. Social media, while currently dominated by Facebook, could be knocked out in a year or two by some awesome start-up nobody will hear about for another 6 months. I'd stay away from any type of social media stock, not that I'm an expert or anything.

I really have no clue why Facebook has been valued as high as it is. Yes, it has a massive user base, but the fact of the matter is everyone uses it to keep in touch with people from school, family, or people they have met. I can't think of one person that has done anything through Facebook ads, the Facebook market, very few people I know participate in Facebook games like mafia wars and farmville (which seem to be dead fads at this point).

Honestly, everyone is looking at Facebook as having untapped potential, but I can tell you as a Facebook user that joined the site before it was really a business, the fact that it is now a publicly traded company holding private information about me, my family and friends with photos of us, makes it extremely unattractive and scary as shit. I know I am not the only one that feels that way and I think feelings like this displayed by its user base is going to be its downfall.

I believe nothing will happen like this, because its now carries most of the educated people's all information there is no question to close it because where everyone getting benefited, right ? and if it really get closed then it will be very harmful for all of us in many different ways.