Facebook Is The Pick Of The Social Media IPO Litter
by Peter Harengel
The first mover advantage has been one of the great myth of innovation. The same has proven to be true with the recent initial public offerings (IPO) of companies in the social media sector. Facebook (FB), Groupon, (GRPN), Zynga (ZNGA), Angie's List (ANGI), and FriendFinder Networks (FFN) are all trading well below their respective IPO prices. There are many reasons for this, all which result in Facebook being the only suitable pick for long-term investing by strategic investors. read more »
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