The long awaited Facebook IPO (stock symbol FB) has been announced, is it time to jump in and make some money on this Tech darling (but the voices in my head say remember Nortel and Yahoo)? I will not be buying in, mostly because I wouldn’t buy a stock directly (I am in my passive investing phase) and while Facebook could be the next Google (symbol:GOOG) it has a chance not to be as well. I will simply watch with interest to see how the feeding frenzy goes.
It was Groundhog Day yesterday too, and as usual the various entrants all made their own predictions, but I can safely predict that Spring will come this year, some time (and if it doesn’t we are really in trouble).
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