Found the precipice !!
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The SEC should look into Facebook.
Facebook for years has been artificially propping up the # of users to it's site... which inflated the perceived market value of their company by $Tens of Billions.
There are tens of Millions of people that have abandoned their Facebook accounts and simply haven't used them in years. There are Millions of others that have closed their accounts, but I'm sure Facebook doesn't report those #'s.
Any company that reports FALSE and MISLEADING data should face fines and criminal penalties. Facebook is a prime example of that.
FB and Twatter should not be considered social media platforms since they moderate people's postings and block them or suspend their accounts. They should be considered a publisher, thereby taking away their online protections.