In case you were unaware, IPOs are terrible investments — at least most of the time. The lottery ticket dreams keeps hope alive that this next one is going to be a giant winner.
Hopes are pinned on the giant Facebook IPO, coming out at an expected 100 X earnings and 30 X revenue. Its going to take extrordinary growth to justify those prices, especially for people who buy stock in the open market at higher than IPO prices.... < - > http://www.ritholtz.com/blog/2012/02/ipos-from-netscape-to-facebook/ --- Just because i'm near the punchbowl doesn't mean I'm also drinking from it. _______________________________________________ Infowarrior mailing list [email protected] https://attrition.org/mailman/listinfo/infowarrior
