3 ms·
I'm not sure "inexperienced" investors "missed out" on Facebook. It was a very risky purchase, and for a few months there lost quite a bit of money for a lot of
by tomphoolery 13y ago
I'm not sure "inexperienced" investors "missed out" on Facebook. It was a very risky purchase, and for a few months there lost quite a bit of money for a lot of people. Only until the stock really stabilized did we see it sort-of hover around the $30-50 range. And even then, I feel it's priced much less at the moment than many people thought it would be when it IPOed. It even made a few acquisitions like Waze and Instagram in order to boost its investment value, but the main product still isn't as valuable (on Wall Street, that is) as people thought it was going to be. In my opinion/from what I've read, anyway.