A question was asked sometime ago. If you had a choice of a gift of and Ipad or one share of Apple stock, which would you choose? I would choose the share of Apple. Which would you choose?
Facebook Friday and its IPO are now done. For many it was a disappointment since the stock price did not "pop" as expected. In fact the price actually dropped until it was shored up by the underwriters. I think it had a lot to do with investor uncertainty of how FB will be able to monetize and crate the kind of profit that is expected.Plus many were looking to make a quick profit by selling on the "pop", which did not occur. I believe that over time it will prove to be a good buy.
As for me, I was able to purchase a few shares which I plan to hold, with a wait and see approach. If overtime this stock proves to be like Google or Apple... great for me!
Facebook Friday and its IPO are now done. For many it was a disappointment since the stock price did not "pop" as expected. In fact the price actually dropped until it was shored up by the underwriters. I think it had a lot to do with investor uncertainty of how FB will be able to monetize and crate the kind of profit that is expected.Plus many were looking to make a quick profit by selling on the "pop", which did not occur. I believe that over time it will prove to be a good buy.
As for me, I was able to purchase a few shares which I plan to hold, with a wait and see approach. If overtime this stock proves to be like Google or Apple... great for me!
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