Joseph Pisani, reporting for the AP in the moments before Facebook’s IPO:
[Dennis Hitchings] said that he doesn’t think Facebook is worth $100 billion โ “They don’t have the revenue” โ but he did say he would buy the stock at $38.
Um, yeah. If you’re able to but the stock at just $38 then you should buy as much as you can. That price will be a distant memory by the time the average Joe is able to invest.
Related Posts:
- On Being Scammed by “Internet Marketers”
- Finally getting featured in Fortune Magazine
- Legally Keeping Your Password Private