facebook IPO


Frankly, I never expected to score facebook shares at the opening price, anyway. The hottest IPO in years and it’s essentially locked out to anyone of, shall we say, ‘modest means’ (98% of it’s user base), thus running the price up and providing a nice, tidy pay-off for a few. Once the dust settles, look to pay a helluva lot more per share than Acme Mega Mutual Fund did.

I’m sure f-book will show up in one of my 401K/IRA funds though, so I should still be able to take advantage of the growth opportunity as well as any dividends, thus providing a modest income stream.

Good God, I sound like I belong on a shuffleboard court.

“Income stream” sounds funny, too.

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