Facebook
Are there any Facebook (FB) believers still out there?? If so... I'm sorry. Truly.
So I'm not here to make fun of anyones "loss" - But I would like to use this as an investing 102 "comparison" / "look" at boring old stuff vs. hot new - everyone is going to get rich stuff.
************SINCE IT'S DEBUT means SINCE FB DEBUT so same date to date*****************
Since it's debut - FB is DOWN.... almost 40%
Since it's debut - MO is UP.... 13% PLUS it's paid a dividend
Since it's debut - KMP is UP... 3% PLUS it's paid a dividend
Since it's debut - KO is UP.... 5.67% PLUS it's paid a dividend
Since it's debut - NLY is UP.... 6.37% PLUS it's paid a dividend
Since it's debut - MCD is DOWN.... (ZERO POINT TWO EIGHT) 0.28% PLUS it's paid a dividend
Since it's debut - KMB is UP... 9.48% PLUS it's paid a dividend
I bought into FB on the IPO -- only because I was offered it at IPO price ($38) and when it didn't make everyone a millionaire on it's first day of trading - promptly sold it. It didn't "feel good" then and it doesn't feel good now. Maybe down the road it will prove us all wrong. I hope so for the holders of the shares...but in the meantime I'll continue to collect a dividend and choose to invest in stuff that doesn't churn my stomach on a daily basis.
Last edited by GregWeld; 07-27-2012 at 06:51 AM.
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