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Post by The Goose on May 17, 2012 10:18:09 GMT -5
To be or not to be? Many people have asked me if they should get in the Facebook IPO. I say do your homework like any other stock.
Is there big growth in the future for them? Is there any competition? Is the company maxed out?
I don't think I will get in. I've got this strange feeling that Facebook IPO is the beginning of the end of the 3rd tech boom. Lots of other tech companies have already gone public. (if not tech then web related). Zynga, Groupon, Linkin, Yelp, and even Angie's List have all gone public. Not that many more companies left expect for one. The biggest one...Facebook. No doubt it will be the biggest IPO in history. But there are not many more companies left to go public and it looks like the growth that we have been seeing for the last 3-6 years in tech (social networking, cloud computing, and mobile computing) is maxing out.
I will most likely buy put options on the big movers like apple and priceline.com to hedge the market.
Whatever you decide to do, I wish you all the luck.
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Post by The Goose on Jun 12, 2012 13:46:59 GMT -5
I have taken off the puts on apple before the WWDC but remain worried about Priceline.com due to competition. We might not see the effects for another few quarters. I would add salesforce.com on my bearish list.
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