Friday, May 18, 2012

Facebook Goes Public

If there has ever been a sure thing in the world of investing it is that Facebook, the social media king of planet Earth, at least in the short term, is going to make investors tons of money with its stock offering today. The company is going to become a publicly traded corporation today with its IPO (initial public offering). Look for the stock to soar straight up on its opening day and to be worth ten times its offer price in the near future.

Look at Amazon, Google, and Apple. Facebook is at least as hot as these companies and they are valued in the hundreds of dollars per share of stock. Sure these companies sell actual product, but Facebook has found a working business model and it is a product that consumers love to use, despite its ill-conceived (and I say doomed) Timeline redesign.

Facebook is slated to offer shares of its stock in the $35 to $38 dollar range, but the price won't be there for long. Buy this stock early.