Punters backing Facebook to go tits up

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With newly floated tech stock FACEBOOK shares taking a tumble since launch and continuing to fall punters are clamouring to get on with bookies that the tech giant will be on skid row by the end of 2012. Only this morning Ladbrokes were offering odds of 100/1 that Facebook will be bust by Christmas.

One investor DAILY SPORT spoke to said”They should be called FARCE BOOK”

Tech-savvy punters are placing their bets again with plenty interested in the 33/1 on offer shares dip below $10 this year. Should that happen the current odds of 66/1 that Zuckerberg is replaced will surely be slashed.

News of confirmation that the hotly anticipated Facebook branded smartphone will be launched could trigger a stock rally – it’s 5/2 they confirm they will manufacture their own devices before the end of the year while it’s 12/1 they hit the shelves in the same time frame.

Alex Donohue of Ladbrokes said ‘Punters predict that shares in the social network could slide futher. The odds suggest they may pull a smartphone shaped rabbit out of a hat soon however.”

Facebook specials

To go bust this year 100/1
Shares to dip below $10 this year 33/1
To be liquidised this year 200/1
Mark Zuckerberg to leave the role of CEO this year 66/1
Facebook to confirm they are launching their own smartphone this year 5/2
Facebook smartphone to be available to sale this year 12/1

Daily Sport says – With our city sources talking of mergers we tip Facebook to join forces with Friend’s Reunited and the enlarged group to be called “FRIEND’S REPOSSED”

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