Yes, Facebook changed the world. But should you buy the IPO hype? I say no, and here’s why.
Let’s start with the numbers. 
The company, with an expected valuation of $75 billion to $100 billion, is profitable but not as profitable as it should be to put up numbers like that. With a 2011 revenue of $3.8 billion and an operating profit around $1.5 billion, the company has an operating margin of ...
Purchasing a promising company’s stock right out of the public offering gates can yield great returns for long term investors. Example: Google Inc. (GOOG). The stock opened at $100.00 in 2004 and is currently trading above $500.00. But I’m not an investor who holds stocks for years. Instead, I currently find success in riding the short term trends, holding stocks for only a few weeks to a few months.
So, do Initial Public Offerings (IPOs) have a place in my short ...
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