Facebook

[+ Travis69]

Facebook IPO is hitting the market on May 17th. Buying it or do think it's over hyped?

[bigvalboy]

Facebook IPO is hitting the market on May 17th. Buying it or do think it's over hyped?

 

Damn good question Travis....I have been running that through my head since I heard. I have talked to friends of mine that buy and sell stock for a living, and no one seems to want to commit to giving advice. I think it could go either way, but the problem is that the initial offering isn't going to be cheap.

[down_to_business]

I am going all in, but only if I can get it in the IPO. Once it goes to market, forget it, it's too late.

[+ Travis69]

IPO price is supposed to be $28 to $35. I get the impression it's going to be rather hard to get it at the IPO price unless you have good connections. I bought Amazon and Apple long after their IPO and still made out quite well. Just not sure if Facebook is going to soar or fizzle.

[bigvalboy]

My gut tells me that it might fizzle...but then again, it is hard for me to imagine something the size of facebook not breaking well. At anyrate, I think you are right Travis, even at $35 you will need connections. The greedy part of me says take a chance, but the sensible part of me says, don't risk the money.

[jawjateck]

I agree with d_t_b on this one. If you can get a piece of the IPO, do it, but I think retail investors are going to get burned in the volatility of the after-market. FB has incredible growth possibilities, but they will have