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Facebook IPO! To BUY or Not to Buy!!!!!?
10-15-2012, 09:26 PM
Post: #2
John W Offline
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In behavioral economics, they do a game where they have people bid on a $20 bill with the condition that the person with the second highest bid owes the final bid minus $1. The bids usually run up to $28 for the $20 bill. The prices on Facebook aren't going to make sense for quite a while and if you get caught up in it, you will most assuredly not be paying a reasonable price.
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Messages In This Thread
[] - John W - 10-15-2012 09:26 PM
[] - underexposed... - 10-15-2012, 09:26 PM
[] - simple logic - 10-15-2012, 09:26 PM
[] - Singha - 10-15-2012, 09:26 PM

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