Thread: Facebook IPO
View Single Post
Old 01-31-2012, 11:18 AM   #3
8cd03gro


 
Drives: 2005 STi corn fed
Join Date: Jul 2008
Location: Colorado
Posts: 2,997
Not yet. They just recently filed, so we won't know the date for a while yet. I would be cautious with how you play this one though. Don't get sucked into the idea that IPO's always turn bullish, especially this one. I think we'll see something similar to GM's IPO, a surge if institutional buyers followed by massive sell-offs. On the other hand, that initial surge could be incredibly huge and the right price could be great long term. Just nobody bet the farm.
8cd03gro is offline   Reply With Quote