I've been watching and reading about this IPO for a month or three and while I do think it will ride up I don't necessarily think I have to grab hold of the brass ring on it's maiden voyage into the world. If it shakes out in a few days or weeks or heck even a month or two down the road as still looking promising then I may buy in. I'm with whomever was saying your touting it as 'hot hot hot' and 'the next google' makes me believe you are investing based on what might seem a hot tip. Do your due diligence and if it is going to be profitable for you, there is no necessity to be the one to ride a crazy emotional roller coaster up and down till things smooth out.
If you are a daytrader, go for it. Otherwise if you are a long term investor, take your time and study the fundamentals, then buy when the time is ripe, not at the rantings of 'buy now or lose forever cry when 'THEY' say they see the start of a new bud on the market-makers money tree.
Like B.A. I'm just some random investor who hopes it does make a lot of people a lot of money. Just remember it also rides on the backs of a lot of folks who are overextended and possibly on the way down the current financial drain.
Yep, I ALMOST consider it a sin or vice stock.
YMMV! Just my two cents.
|