Social Media Bubble?

In my earlier posts I warned of a social media bubble and whether it would pop. Weeks later Facebook is trading at $26 and Zynga has hit a 52-week low ($5.74) today. The DOW has dropped over 1200 points in a month. Can anyone say Pop! Zuckerberg is down another $500 million and Zynga is still in a state of free-fall. Zynga's situation has worsened, with the resignation of CTO Laurent Desegur, who left to work for start-up Game Closure.
More reading:
http://mediamixmaster.blogspot.com/2012/04/zynga-stock-continues-to-slide.html