Can't say as I blame you, there. Although, I did quadruple 3 stocks over one year saving for a down for our house, so how bad can I be?
IPO's would be a great investment. Most of us won't get before it goes public. Unless you get the stocks right when the bell rings; you'll probably be paying more than it's worth.
Now that DHS is allowed to mine all user info, Facebook will flatten out and eventually be replaced by something nicer.
Yeah I agree; but look at google. There was a time when we had the opportunity to buy it for 40 a share. Isn't it like 500 now? As insanely rare it is; most the time you are right.
They're going to have a huge amount of capital. Their success will depend on how they put it to work.
Facebook price will be so high that their company will have to grow 30% for 10 years straight. I believe I heard they have would have to get 25% of all internet traffic in 10 years.
I don't like the risk. Facebook is going public because it knows it has to now or forever hold it's peace. I do think you will get a return on your investment, but there are better opportunities out there right now
I was really interested in getting into facebook until I talked with my investment banker. He said if we had the opportunity to purchase the IPO before it went public; you can make good money. But after the first day of trading; he anticipates it being over valued by 40%. That is too big a risk for me.
That's what Bono did, and he'll soon be the richest rock star on the planet. He stands to make about 1 billion on his 90 mil investment in 2009. http://news.yahoo.com/bonos-facebook-stake-set-him-richest-rock-star-165900680.html
Yep and should sell off after the first day. At least for 10 times his investment. Keep the rest if you want to be all warm and fuzzy knowing you have a stake in Facebook.
Here is the best one, David Choe, an artist, painted a mural at FB 7 years ago. Her turned down cash in favor of stock. His shares could be worth 100-200 million after the IPO! I have a few things by him...maybe they'll shoot up in price now! http://abcnews.go.com/blogs/busines...iti-artist-david-choe-into-multi-millionaire/