FACEBOOK SHARES NOT LIKED

Although investment advice is not within the normal purview of this blog, we did sound a sobering and skeptical note during the hoopla preceding the Facebook IPO.  Here we are a mere 90 days later, and the share price has dropped nearly 50%.  We are not ready to flash the “buy” signal yet, but on pure speculation we are putting in a small limit order at $15, roughly 25% below the current market.  You cannot accuse this blog of engaging in pump and dump.

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