Although investment advice is not within the normal purview of this blog, we did sound a sobering and skeptical note during the hoopla preceding the Facebook IPO.  Here we are a mere 90 days later, and the share price has dropped nearly 50%.  We are not ready to flash the “buy” signal yet, but on pure speculation we are putting in a small limit order at $15, roughly 25% below the current market.  You cannot accuse this blog of engaging in pump and dump.

Leave a comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: