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That is false logic.The logic behind is that the more people speak about a website the more authoritive that website.
I recently completed a site for a new local business, it took around 4 days for Google to list it.
The site was on page 5 of Google for the chosen key phrase. I suggested to the client that if she shared a link to the site on Facebook it should help boost the ranking. She duly did this and within 2 hours the site was on the first page of Google, but only ranked #4 on the first page initially.
That's one example.