I went into sprint yesterday and $itched about no internet, and those folks are infatuated with facebook. I mentioned their IPO and told him to pull up a chart, when it came up I said BAMMMMMMMM look at that POS. It and the reality of the stock price didn't even sink in to them, They said will he is getting/making his own phone. Big deal.....I have no trouble investing in a strong company with a decent price to earnings but FB is sitting at 72.10 right now. YIKES. If a company is a GOOD company and IPOed, with a realistic share price, it would go up with strength as the earnings increase and come in. Paying for this forward thinking and valuation of a Social Media company of 70 times earnings NOW is insane.........JMHO as always......
Just looked at the day on it. It dipped below $28 and johnny on the spot saved the day LOL//
Day's Range: 27.86 - 29.55
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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