Thursday, May 17, 2012

Why I'd Avoid Facebook's Frenzied IPO/Stock Like the Plague For At Least A Year

FACEBOOK DEBUT: PLENTY OF BUZZ FOLLOWED BY LOTS OF FIZZLE

NOW HEAR THIS: THE BIG BOYS ARE IN, will make millions/billions as the stock jets up, then sell it and be out ASAP as the price crashes back to earth. The little investors will be left holding the bag, hoping their stock will go up again and make em some money one day.

Don't count on it anytime soon. Getting into this feeding frenzy is like swimming with sharks. There'll be blood in the water everywhere.

Josh Brown has more, as in Stay Desperate and Stupid.

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