It's certainly possible; however, today's showing already has some media outlets discussing whether or not the IPO was horribly over-hyped.
When you consider that we still have the issues in Europe, growing losses at JP Morgan, and a weak economic recovery hanging over our heads, things don't look too promising for the market as a whole. I can see a high probability of Facebook moving with the rest of the market. That's not investment advice. It's just the way I see things.
Comments
It's certainly possible; however, today's showing already has some media outlets discussing whether or not the IPO was horribly over-hyped.
When you consider that we still have the issues in Europe, growing losses at JP Morgan, and a weak economic recovery hanging over our heads, things don't look too promising for the market as a whole. I can see a high probability of Facebook moving with the rest of the market. That's not investment advice. It's just the way I see things.