Sun.May 20, 2012

Waxing UnLyrical

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Social Media Stock Talk: Five Reasons to Buy Facebook

Waxing UnLyrical

It’s official. The biggest news in the history of social media took place Friday when Facebook had its IPO, becoming the biggest social name ever to join the public market. Its $108 Billion offering came in as the 3rd largest ever (behind Visa and Enel), so the day was significant not only for social media types but also for market watchers. What has surprised me a bit is the amount of negative comments in the Facebook conversation.

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