Facebook: The Faceplant

Seems what goes up, must come down or at least so it is with that latest mystery that is the Facebook IPO of this past week. Following the story like investing in it has been a real roller coaster ride.

I don’t have a brilliant take or any insight on this but have had a gut reaction and must be among the many millions of investment naive folks sitting on the sidelines trying to figure out what the implications of this are and what any of this means. I am sure many folks will find ways to get rich off of this and some unfortunate others will lose bundles. Meanwhile us observers will continue to backseat drive and watch the scene go by.

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