Originally Posted by JaxRed
Let me say as a proponent of Dividend Growth Investment, I would have absolutely no interest in Facebook. It doesn't fit in with my investment philosophy.
I also think it's pretty much "gambling". It's a "hot" commodity. 2 years from now people might be saying that they are so lucky they got in at the ground floor, or they might be saying they can't believe they bought at the top of the bubble.
Well, it certainly appears at this early point that Facebook was a mistake to get into. Down 18% from it's IPO price and 26% from it's initial post IPO price.