Comment: Facebook is for chump investors.... (Score 1) 192
Facebook has already reached maximum growth, and future efforts to monetize the service will only alienate users. This IPO is simply a huge cash payoff to the private investors, the owner and friends of the owner, because Facebook is no longer a "growth" company. The risk is also high. Look at how fast AOL, then MySpace collapsed...it will not take much for Facebook to do the same.
Unless I had access to privileged pre-IPO shares that could be flipped in a few days as the suckers pile in, I'd not touch this IPO.