As we get closer to the IPO for Facebook, many are wondering if the valuation is too high. Indeed with a lot of people seeing this as a must have stock, it may be pushed high, however lets look at the numbers. In six short years, the company has come to amass almost 1,000,000,000 users. I think it is important
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Forget about getting in on the IPO. Only the very rich with accounts at JP Morgan or Chase would be getting any. And even then, not a lot according to some reports. Look to buy when it is triple the price when it finally comes out to everyone ;P. The rich get richer in these times folks.
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