Ok everyone love it or hate we all know Facebook is all around us and we all can name at least 10 people who are on it too. I have been hearing alot of talk from investors about a FB IPO? What do you people think? 3,000 employees and its worth what? 100Billion or so?

 

I'd rather have Google or apple for the long haul. Facebook is starting to turn off a lot of people with their new layouts and constant pushes for more info. People are already pushing back on some of the more intrusive facebook apps.

I'd bet that the stock jumps 10-30% from the IPO price. If you can get in right away...do it, but sell off after you take a 10-30% profit. I don't know I see it skyrocketing like Google and Apple did.

Then again, my stock picks lately have been sub-par.

 

I bought 500 at the ipo for about $19,000. Still have it now its worth $319650. Because of taxes and not selling, my children will someday get a stepped up basis.
Took a chance got lucky.