Is It Too Soon To 'Like' Facebook?
by Sean Nolan
A little History Lesson
If you asked most investors before Facebook's (FB) IPO if buying Facebook for upwards of $40 per share was a smart play, you would have been laughed out of town. Advocates for Facebook merely sputtered facts and shoved profit quotes down the throats of any in opposition. I was on the fence for the largest internet IPO of all time. I couldn't make up my mind about whether to buy for profit or attempt to short. Public opinion on this stock was so mixed it was impossible to make a decision. On one hand, here is a product that my friends, family, and anyone in between use on a daily basis. On the other hand, here is a social media site whose main audience is young kids goofing around. read more »
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