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Best of StockTwits: To $FB or not to $FB

May 29, 2012: 12:38 PM ET

Facebook. Need I say more?

TrendRida: U would think that Zuck has enough money to pay someone to click on ads while he is on his honeymoon... $FB

KenShreve: $FB is thinking about making a phone? The market seems to be saying this is a BAD idea.

ivanhoff: Rumors of $FB making a phone are not serious. With that in mind, $RIMM is currently trading at $6B

CapitalObserver: The good news about the $FB IPO is that the offering calendar is empty and likely to be that way for a long time.

Facebook (FB) is a train wreck, but I am guessing that Zuckerberg is probably not losing sleep over the stock price. However, the scary thing for the company (and its investors) is that the market clearly doubts Facebook's ability to become a leader in mobile. When Google (GOOG) bought Motorola Mobility, everybody knew it was more for the patents than the hardware.

If Facebook really wants to turn a combination of Instagram, a rumored purchase of mobile browser firm Opera Software and who knows what else in mobile into a gadget to rival Apple's (AAPL) iPhone and the Android devices made by Samsung and others, I wish Facebook luck. It will need it.

As for Research In Motion (RIMM)? It, like Motorola, has patents. But it also has a dying BlackBerry hardware/operating system business. If investors are nervous about Facebook possibly spending $1 billion for Opera, imagine the hissy fit Wall Street would throw if Facebook wanted to spend $6 billion or more for RIMM?

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Paul Lamonica
Paul R. La Monica
Assistant Managing Editor, CNNMoney

Paul R. La Monica is an assistant managing editor at CNNMoney. He is the author of the site's daily column, The Buzz, and also tweets throughout the day about the markets and economy @LaMonicaBuzz. La Monica also oversees the site's economic, markets and technology coverage.

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