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May 17th, 2012
07:41 PM ET
Facebook's IPO: a huge hit, or an overhyped miss?
Facebook's IPO has gotten plenty of attention, but there's no guarantee it'll make investors money. Will Facebook be the huge hit many are hoping for, or an overhyped disappointment as other tech stocks have been?
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"Overhyped"? Gee, I wonder how that could have happened ... CNN has been covering every last minutia of the Facebook IPO continuously for weeks now, with an endless parade of "experts" blabbing away day and night. How can you think this story was overhyped?
Seems that IPO's are a transaction where a quick dollar can be made by dangling large sums (at least from most personal perspectives) before the IPO causing the price to be inflated ... since only peope with large investment pools of funds.. or insiders can actually purchase the orginal shares... then they can sale a bunch right away... so they wave the money to raise the IPO price and then sale soon after the opening??? only the one percent or fund pools can make money that way... so the little guy is squeezed out for sure... however .. facebook is something that plugs in so many people... as a portal then it can be successful... especially since it is the social connection or "herd mentatlity" so to speak that is the driving force of facebook.. the sense of belonging to something big... and successful...... where it takes us as a group is hard to say.. only comes to mind is "where no man/woman has gone before" thinking... some peope can use it as a professional platform to sell themselves.. letting people see you as the village fool... or the Einstein of today... sure is a lot of money for foolishment as my grandpa would say... smile