Time For A Fresh Look At Facebook
by Intelligent Speculator
A few months ago, I put money into Facebook (FB), buying at $19.99. I had made my case for owning Facebook over and over, and would have paid the IPO price. I didn't though-- I try to stay away from IPOs, being too volatile, too risky. Instead, I waited a while and once the price seemed more stable, I purchased. There are many reasons why I was bullish on Facebook and I did start off doing very well with the trade. I was up 40% or so a few months later, and things seemed promising on many fronts. read more »
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