No, it's about how Luke and Hunter get into it over Facebook because Landon became friends with Hunter's girlfriend Cienega who was really Luke's best friend until he came along Junior year.
The second act has you with Heather and Sienna vying for the position of head cheerleader, all the while trying to fend off the advances of their boyfriends Mick and Zack.
The third act dovetails the two into homecoming game, and the whole game ends when Ernest, the background guy from act 2, shoots Mick, wounds Luke who was protecting Cienega, and blows his brains out in front of both school.
The game ends with Ernest's parents attending his funeral and Cienega narrating what happened to the 8 main characters after graduation.
They all walk away knowing to take it a little bit easier, and enjoy life instead of dramatizing it.