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I don't think that anyone who did their homework would have bought FB stock as a 'sure thing for long time investment'. FB didn't fool anyone who wasn't too gre
by kelvin0 14y ago
I don't think that anyone who did their homework would have bought FB stock as a 'sure thing for long time investment'. FB didn't fool anyone who wasn't too greedy for their own good. Obviously I'm not saying FB is not a hugely successful product with an immense user base, but obviously the fact that this IPO is not 'going as predicted' by it's underwriters was clear to me waaayyy before the stock hit the markets ...