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It will be the sexy stock to own for a while. It will probably command a stupid multiple comparable to LNKD at 1500...
There are countless other companies to make money trading--companies you actually can understand and sell something tangible, have real assets, high barriers to entry, and a history of earnings. You don't want to hold FB when it falls because it will be ugly. Not saying they aren't are great company, but the stock will be really hard to own at first. There will be wild swings and you won't be able to take the heat. Buying it will just be a gamble as no one really knows their ability to grow earnings and ad revenue being very fickle. I doubt very few of the individual investors buying this stock could have a conversation about how FB makes money or their growth prospects longer than a sentence or two.
Warren Buffett never buys a company that he doesn't understand. You shouldn't either.
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