Facebook IPO

Will you be buying? I will not be – not because I do not have the money (Although I do not because I am a college professor which means I cannot even afford to live). The reason I would not buy at least in the long term, for those looking for investments, is that this company can go down and fail overnight. If you do not believe me, look at myspace or any of the IPOs in the early 2000s during the tech boom. On the other hand as a short term investment for the person who watches the market and pay attention to what is happening in the tech world, this is probably a decent investment as it will go up right away just as google did. The key here is watching and knowing when to get rid of it.

An article about the ipo: http://money.cnn.com/2012/05/17/technology/facebook-ipo-final-price/index.htm

Watch the IPO (FB) on NASDAQ: https://www.google.com/finance?client=ob&q=NASDAQ:FB

Posted in News, technology and tagged .