Anyone that buys this IPO as an investment, is a sucker. I highly doubt you will see another GOOG or AAPL in this one. I may trade the stock intraday, but this is merely a way for management to cash out while it is still worth something.
They should have gone public last year when it was the cool thing to do for social media companies. They missed the bandwagon and look at how stocks like GRPN, P, LNKD and YNDX have done. Flop!
Facebook is already a mature company. Management and the privileged elite that have held the private stock want to unload it on to the public. It may look like a hot stock and but when the hype is over and the rich folk have dumped it, look out!
Last edited by Drex; 02-01-2012 at 08:15 AM.