New York - Hole-in-the-Wall Street analysts say a sexed-up pre-IPO report deliberately over-valued shares in the iconic social networking fright.
They're blaming carpetbagging trolls and cyber bottom-feeders for the $16bn IPO frenzy that's descending into farce tonight.
Apparently Farcebook shareholders have slammed Mark Zuckerberg with a Judas-style lawsuit alleging he duped them - along with bankers Morgan Stanley et al.
"Yeah, Zukkie's f**ked," a City anaylst at West Coast celebwatch site LA FagHagMagGag.com commented.
"They're gonna make it look like the Iraq WMD dodgy dossier when the lid on the gagged pre-IPO intelligence blows."
Meanwhile in the City of London tonight there are rumors of a huge insider cover-up about the Farcebook pre-flotation share price scam.
Stringers at QM-NewsCorpse say that independent analysts valued shares in the social networking site at less than $7 because of what can only be politely described as 'off-balance sheet liabilities'.
These show Zuckerberg was 'mortgaged to the hilt' and forgot to mention it to his IPO banker pals.
Curiously, the news saw shares in iconic online website The Spoof soar to around the hundred dollar mark....