Quote:
Originally Posted by GregWeld
Yeah --- I wasn't interested in the damn thing to start with... but when the broker called and offered IPO price I thought - sure... WTF why not. Dumb of me = I know better than that.
Today I spent dead presidents on adding a 1000 shares of Con Ed (ED) - and 1000 Kimberly Clark (KMB) - and a tranche (50K) of GM Convertible Preferred paying 6.25%
Much more my speed....
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Greg
1. You said Face Plant was gambling
2. You did not recommend it.
3. You got it at a Deal that most people could not get.
So no worries there..
It is the "crowd" or frenzy buyer that got hammered, as they should have..
Today is a great day on what I have going, but one day does not make Investing..
So it should be Interesting the next several months, that is for sure...
A lot of people that do face book were asking me, why wasn't I buying any of it..When I asked them why, they did not have any answer other than a lot of people use face book...I said, a lot of people eat Mc Donalds, and buy Gasoline, and Smoke cigarettes and drink alcohol...Now that I understand...
