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Why should you buy facebook stocks?
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03-21-2014, 01:05 PM
Post: #4
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the answer is that nobody knows and it depends on how the company is valued. I suspect that at any IPO price there will be a ton of demand for the stock on Day 1 from a whole bunch of people who want to buy at any price. I think if the stock opened at 10, there are people who would buy it at 200 and if you told them that meant that FB was a $2T company they wouldn't even know what that meant and they would still want to buy shares. I expect this to be nutty for awhile.
Anyway, let's read the financials and then make a decision. FB should be filing financials shortly. |
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Why should you buy facebook stocks? - Yashema - 03-21-2014, 12:44 PM
[] - clara - 03-21-2014 01:05 PM
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