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Some Facebook users believe a pseudo-legalese magic spell can protect how their content is used. That is false definition, the wrong default.
Men so the idea of remaining on Facebook but playing by your own rules via magic spells is a fantasy. Stay on Facebook or leave Facebook (take it).
There is no third option — not even during the holidays, Wired has pointed out.
According to ABC News, users worried that Facebook will own their photos or other media are posting a frightful message  — unaware that it is a hoax. Here's the truth: Facebook doesn't own your media.

We have noticed some statements that suggest otherwise and we wanted to take a moment to remind you of the facts — when you post things like photos to Facebook, we do not own them,

Under our terms you grant Facebook permission to use, distribute, and share the things you post, subject to the terms and applicable privacy settings.

Facebook spokesman Andrew Noyes said in a statement.
Sure, Facebook users cannot retroactively negate any of the privacy or copyright terms - they have agreed to when they signed up for their accounts nor can they unilaterally alter or contradict any new privacy or copyright terms instituted by Facebook simply by posting a contrary legal notice on their Facebook walls. No way, sure.

Moreover, the fact that Facebook is now a publicly traded company, i.e., a company that has issued stocks which are traded on the open market, or an open capital entity has nothing to do with copyright protection or privacy rights.

Any copyright or privacy agreements users of Facebook have entered into with that company prior to its becoming a publicly traded company or changing its policies remain in effect: they are neither diminished nor enhanced by Facebook's public status.

In response to rumors about copyright issues that began circulating in November 2012 after Facebook announced the company was considering revoking users' rights to vote on proposed policy changes, Facebook issued a statement noting:
There is a rumor circulating that Facebook is making a change related to ownership of users' information or the content they post to the site.
This is false. Anyone who uses Facebook owns and controls the content and information they post, as stated in our terms. They control how that content and information is shared. That is our policy, and it always has been.