Facebook Initial Public Offering (IPO): Should you buy?
Facebook stock will reportedly be offered within the next few weeks. Is it prudent to invest, or has its value already peaked?
http://www.pionline.com/article/2012041 … apitalists
http://www.forbes.com/sites/wallstreetw … -i-own-it/
Probably end up like Myspace, went public to generate a lot of money for the owners then bellied up, leaving the investors holding the bag. Going public usually means, the program has run its course and is starting to go backwards. In my opinion!
I agree with idratherbe. I would not buy at this time. It may go up for a while, but the rapid expanse is over. In my opinion! Keep your eyes and ears open, looking for something new and promising on the horizon, , like Google, My Space, Facebook, or Netscape. Facebook may not yet have run it's course, but it will probably just chug along with no big changes.
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