Investors' reaction to FB
I’m glad I’m a spectator in a building watching this train wreck, and not a passenger on the train.
The Facebook Bubble is a good thing for preppers, it will keep things cheap for a while as the “economy recovers” then tumbles down, think of it as an extra stick to hold things up a little while longer to replace the current one that has cracks in it that will give preppers even more time to secure their preps.
Investors' reaction to FB
Thanks for posting. The chart looks like a profile of the Grand Canyon.
Sick of hearing the hype. It is a pretty play thing for youngsters and others of similar ilk.
Facebook is extremely overvalued, all those buying today are only doing so for a quick gain from the suckers that follow.
It would look more like a bubble if you saw it racing up over $100 a share. It seems like people are taking a more cautious approach than many many expected.
Who cares? No one held a gun to their head. If it crashes, it crashes. If it does well, it does well. Let the buyer beware.
But it may be fun to watch anyway.
More proof that PT Barnum was right.