The majority of the people putting the stock value down have no clue how bad this is: they are just making a bet (and many of them will make a lot of money even if this turns out to be an elaborate hoax). Sure a lot of people disagree, but if you read all the threads here you can quickly get a sense that among people who have a clue what this means on a technical level (those who real hacker news) don't agree how bad it is.