michaelwestin

It’s a waiting game. Those looking to make a quick buck can look elsewhere. That’s why it’s called an INVESTMENT.

If people get into the market at the right time and hold onto their FB stock for awhile, they’ll see some significant returns. If people think they’re gonna buy low today and sell high tomorrow…well that won’t be happening.

It isn’t. People are just caught up in the hype. The people who know how to play the game are banking on the idiots who said “oh I wanna buy some FB stock at $38 per share because it’s the newest IPO!”. When it starts trading today (there is supposed to be a delay), you can bet all those new ETrade members will be a bit surprised at what they see.

Too many of my friends think that Facebook is going to be the 2012 version of an Apple or Google stock. Maybe if you feel like holding onto your stocks for 30 years. MAYBE. I highly doubt it. Analysts expect a mild growth for FB today, but overall I would expect people to be taking a loss. Invest if you like to take risks and have some extra cash laying about, but don’t expect the Facebook IPO to allow you to take an early retirement because you found the treasure “nobody knew about”…everyone knows about this.

And that’s what the initial buyers (Wall Streeters) are banking on. They’ll be the only ones making money.

I love my Jambox a lot, I use it every day. I’d love to hear how this sounds, because if it’s really that good I’ll definitely be picking one up. Rather buy a Big Jambox over a Beatbox.