it could double the first day like linkedinI'd say buy it and trade it. With the way the things are today, especially with heavy regulation on the way don't think after the mandatory quiet period every underwriting bank will come out and slap a strong buy with a much higher price target. I'm not saying to keep this as a core holding, i just think it's a great trading opportunity.
Have a great weekend.
Where is Linedin to-day? I think Groupup is around $10 now. IPO's are meant to make money for the insiders and Goldman Sachs, not you.it could double the first day like linkedin
Actually with all due respect Linked in is at 107, i think initially FB will most likely trade closer to LNKD rather than Groupon. I think it's an unfair comparison. I'm also referring to FB rather than the concept of IPOs, most of them don't make it.Where is Linedin to-day? I think Groupup is around $10 now. IPO's are meant to make money for the insiders and Goldman Sachs, not you.
no shit, all im saying is if you trade it id be out the first day. facebook is a guaranteed losing longterm investment in my view. all these companies have pie in the sky valuations, gold stocks should have these p/e'sWhere is Linedin to-day? I think Groupup is around $10 now. IPO's are meant to make money for the insiders and Goldman Sachs, not you.
linked in has a p/e of 700 lol, how long do you think itll trade this hihg for? the stock shouldnt be trading for more than $10 and even that is a very very generous valuation. gonna be the dotcom bubble all over againActually with all due respect Linked in is at 107, i think initially FB will most likely trade closer to LNKD rather than Groupon. I think it's an unfair comparison. I'm also referring to FB rather than the concept of IPOs, most of them don't make it.
Thanks