Quote:
Originally Posted by HandballJim
Buying at that spike might leave you holding the bag at the end of the day.
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The spike might be in the first hour.
The news today was they closed taking orders. which worries me if my pension funds bought any. A company can't possible value itself at 100 x it's yearly profit. If they increase it by ten fold next year it will still take years for FB to be worth $100 billion. Likely hood of them growing next year is unknown.