Saturday, May 12, 2012

Facebook - Embrace or be Wary?

Facebook ($FB), should we be worried or embrace the IPO? 

I've been overwhelmed by the negativity about the Facebook IPO the past week.  Seemingly, nobody wants any shares.  We're told institutions don't want any.  We're told retail investors are going to sit out.  We're being reminded that the internet IPO stories of the last year really haven't worked.

Contrarian alert?  Expect the opposite?  Is this IPO going to fly?

Hmm...
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Plenty of Reasons to Be Wary of the Facebook Hype
FOOL.COM HEADLINES | MAY 12, 2012
http://pulse.me/s/92BwJ
One year ago, daily deals sites were all the rage. Shares of travel-deal specialist **Travelzoo** (NASDAQ: TZOO) were worth $74, three times what they... Read more

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