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Poll: Would you buy Facebook stock?

11 points by Irene ↗ HN
Also, see results of other polls

Mostly Yes: http://bottomline.msnbc.msn.com/_news/2012/01/31/10282329- poll-would-you-buy-facebook-stock

Mostly No: http://mycrains.crainsnewyork.com/blogs/polls/2012/01/would-you-buy-stock-in-facebook/

7 comments

[ 2.5 ms ] story [ 23.8 ms ] thread
mohene1
no, the hype is too much. According to Ben Graham you want to buy stock when a company is under-appreciated. Facebook has already reached god like status
joshhart
I'm reading the Intelligent Investor. Graham is extremely conservative and demands, among other things, a 20 year history of dividends and a low P/E.

I don't think he'd touch internet stock in general because it's here today and gone tomorrow.

borism
history of dividends? I guess he wouldn't buy Berkshire then...
[deleted]
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slavak
From the general state of things, I'm under the impression that shorting their stock might actually be a wiser position.
veyron
Until you find out that the borrow costs eat away 99% of the profits. This is what happened with groupon initially ...
notatoad
Maybe, at market price, in the near future after the IPO buzz has settled down a bit, but I wouldn't plan to hold onto it for long.

If I could get some at ipo price, then yes. Again, not to hold onto for long though.