Facebook hasn't even gone public, and already outsiders are trying to spend its billions.
"Speculation intensifies that it already has a major acquisition in mind," Geoff Foster of U.K.'s Daily Mail writes. "Step forward, struggling BlackBerry smartphone maker Research In Motion."
This is sheer lunacy, of course. Facebook's stock would tumble if it acquired the decaying Research In Motion
The same article speculates that Facebook may have to enter a bidding war with Vodafone
Wow. A fading smartphone pioneer -- that will most likely die an old maid -- is now the belle of the buyout ball?
Don't believe it. I wouldn't put it past Vodafone to make a play for RIM. It has an eclectic enough portfolio of global telecom properties that buying RIM in the single digits may make sense. There's just no way Facebook would get involved.
And it's not just about what this would do to Facebook's stock. Buying RIM would simply be a terrible business move. We live in a mobile world, and Facebook's global success has been largely the result of its app popularity on Google
How would Google take it, especially now that it's already battling Facebook with Google+? Why would Apple not roll out a social network of its own if it sees that two platforms are tethered to BlackBerry and Android?
Zuckerberg has made a few questionable moves -- paying $1 billion for Instagram, for starters. However, he's smart enough not to sabotage his stock and his company with a destructive buyout. He'd be wearing a hoodie just to hide from investors if he ever tried to pull that off.
Face the music
Facebook is the talk of the town right now, but our senior technology analyst has identified another opportunity in social networking that he thinks holds even more promise than Facebook, and he detailed it in a brand-new research report. If you want to see which stock he thinks could end up leaving Facebook in the dust, grab your free copy today.
The Motley Fool owns shares of Google and Apple. Motley Fool newsletter services have recommended buying shares of Apple, Google, and Vodafone Group, as well as creating a bull call spread position in Apple. The Motley Fool has a disclosure policy. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.
Longtime Fool contributor Rick Munarriz calls them as he sees them. He owns no shares in any of the stocks in this story and is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early.