Posted: 2/1/2012 10:05:06 AM EDT
| Seems that facebook shares will be availbale to he public soon? Wondering how much$$$ and will it be worth the buy? |
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Quoted:
Only thing I would do with that pig is short it If you could get a locate on some shares. Or wait until options trade. What it may do is suck the air out of RenRen, Sina Corporation, Pandora Media, LinkedIn and Zynga. Some of these shares that rallied on the Facebook news are actually as expensive, or more expensive, than Facebook itself is expected to be at its IPO price. Facebook will clearly be the sector leader and as such might well divert money from these other social media themesters. |