3 ms·

bad news: Instagram isn't worth $1B. sorry. hope you have a good cost basis.

• hiddenstage 14y ago
  How many stocks have the potential to be the biggest company in the world? Fb is one of them.
  • chestercheetaz 14y ago
    well if it really is then i hope it turns around somewhere soon. As of now, it's looking like 0% for the first day, and even that is an artificial level supported by the underwriters of the IPO. I'd cut your losses, get out soon, and wait until the stock corrects somewhere lower, mid-20s or even below.
    • hiddenstage 14y ago
      There are hedge funds and banks who NEED this stock to go up. They bought in at 38. This thing will hit 55 way before it hits 25.
      • chestercheetaz 14y ago
        good luck with your investment.
  • thereallurch 14y ago
    You're living in a pipe dream if you think a data analytics company will become the biggest company in the world.