How could something you look at on your computer monitor be worth so much money. It’s just flat screen gibberish. At best just a small talk and gossip column with photos. Billboards brought to your PC. A few Pics and lots of ads.
But as it turned out, the recent Facebook IPO(initial public offering) was a fizzle. Not worth the projected value. Investing at it’s worse. Proving the market will determine the real value of something. In the meantime the Facebook founders run off with a boat load of money. Not as much as they hoped for but a boat load none the less.
So, those of you who invested in the free fall shares of Facebook have learned a market lesson. What’s the lesson? All that glitters is not gold. More form than substance. Hype trumps good judgment. Las Vegas bright lights will empty your pockets. Just a fleeting crapshoot which felt good at the moment. But the let down came fast. Goodbye hard earned cash. Hello reality.
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