Personally I'm not buying into FB. At least not right now. It's overvalued. They don't produce anything, so all their income is ad revenue based. And companies are already reporting that FB ads aren't more effective than other media. GM just pulled their $10 million ad campaign with FB.
Yet the current stock price values Facebook higher than other large companies with solid producct lines and revenues.
Add the fact that they lost momentum in the first quarter of 2012 and that they shortened the lock-up period to 90 days, it sounds like a ton of people will be unloading the stock when the lock-up expires if they can't make numbers next quarter.
2010 RRSS Autobiography
2008 335xi Coupe - sold