Best of StockTwits: To $FB or not to $FBMay 29, 2012: 12:38 PM ET
Facebook. Need I say more?
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?