This is a discussion on 5/18/12 Off Topic Friday within the Off-Topic Discussions forums, part of the Off-Topic category; Originally Posted by tweebee I could go for a hot fudge sundae right now! Mmmm... I like them to!!! Sent from my Galaxy Nexus using ...
Not a very impressive IPO for Facebook. Two hours left in trading and it's sitting at $40.
Where's all our slacker mods to get rid of this spammer? Anyway, I read this on one of the investing forums I frequent:
Dear Potential Investor:
For years, you’ve wasted your time on Facebook. Now here’s your chance to waste your money on it, too. Tomorrow is Facebook’s IPO, and I know what some of you are thinking. How will Facebook be any different from the dot-com bubble of the early 2000’s? For one thing, those bad dot-com stocks were all speculation and hype, and weren’t based on real businesses. Facebook, on the other hand, is based on a solid foundation of angry birds and imaginary sheep. Second, Facebook is the most successful social network in the world, enabling millions to share information of no interest with people they barely know. ...
With your help, if all goes as planned tomorrow, Facebook’s IPO will net $100 billion. To put that number in context, it would take JP Morgan four or five trades to lose that much money. ...
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