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Would buy facebook stock for your IRA portfolio?
01-23-2013, 05:52 PM
Post: #3
Jerry Offline
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1) No, I want higher quality stocks rather than something speculative.
2) I doubt it. The lockup period for insiders expires 6 months after the IPO. That is a massive supply of stock whose sale that could push the price down. The market knows this is coming, which probably caps the price of the stock.


FB reports quarterly earnings twice between now and year end. If those reports show revenues and earnings well above expectations, that could be the catalyst for a higher price.
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Messages In This Thread
[] - Paul - 01-23-2013, 05:52 PM
[] - Jerry - 01-23-2013 05:52 PM
[] - Common Sense - 01-23-2013, 05:52 PM
[] - JoeyV - 01-23-2013, 05:52 PM
[] - beulah3jn2 - 01-23-2013, 05:52 PM
[] - Colin Smith - 01-23-2013, 05:52 PM

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