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Re: 1 week for 43-101

over 12 years ago

in response to azzurri18's message

Wow does that Facebook IPO scare me. I think it's going to go Ballisitc. The next couple weeks will be big for it. But I really think in the end Facebook will come crash and burn.

It's a social media, what social media has ever survived over time.

There is potential for a spike as high at 60$ initially but I think it will come to settle back down to 25-30 over time which will end up being a lot of losses for a lot of poeple.

That being said, I'd probably be head buying Facebook then where I am at with SGR. SO maybe its a way to minimize my losses.

(oh and don't forget I could be completly out to lunch and facebook can go skyrocketing to 100$+ over the next few years. What do I know, obviously not much since Im invested in SGR.)