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Did anyone here actually purchase shares of Facebook, Groupon or Zynga? I never read one positive thing saying that their share prices would go up, it was alway

Did anyone here actually purchase shares of Facebook, Groupon or Zynga? I never read one positive thing saying that their share prices would go up, it was always the opposite. I just assumed people who took a bath on those stocks were less tech-savvy investors trying to be "hip" with fresh IPO stock.

veyron 14y ago
That's you. Lots of people pumped Facebook and got in expecting an IPO pop. For example, even the bearish analysts believed in the pop: http://www.youtube.com/watch?v=H9Twxv1V50s http://www.youtube.com/watch?v=H9Twxv1V50s Short conversation on the matter: http://cl.ly/image/0K2D072E1T0w182K0L0o http://cl.ly/image/0K2D072E1T0w182K0L0o