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Thread: Facebook IPO
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Old 11-29-2011, 08:49 PM   #1
Valuist
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Join Date: Feb 2003
Location: NE Ohio
Posts: 16,487
Facebook IPO

The company is talking about an IPO soon. Judging from the performance of Linked In and Groupon, now would be a bad time for an IPO. They claim they are worth $100 billion market cap yet won't open their books.

If you can get in on the IPO, do it. Then sell as soon as it hits the open market. As big as it is now, we don't know if they will be big or even around 7-8 years from now. Google may come up with a competitor. Remember how My Space was popular 5 years ago? Where is it now?
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