Facebook IPO

Why You Should Not Buy the Facebook IPO

The Facebook Fizzle On Friday morning I brewed myself a nice strong cup of coffee and happened to catch the debut of Facebook (FB). This was the much-anticipated IPO (Initial Public Offering) of a prize racehorse about to belt off the starting line. I felt that I was watching a part of history for the largest IPO in history, and BNN proudly had a real-time quote taking up the whole screen ready to go! The opening, however, was marred by a lengthy half-hour delay. Once Facebook shares started to ...

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