Who bought Tech IPO stocks?

Discussion of Economic News, The Recession, and Market Trends

Who bought Tech IPO stocks?

Postby timothy » Fri Dec 23, 2011 10:55 pm

i feel like there's another internet bubble, so i bought a couple of them and sold quickly for a nice profit.
Internet users are very fickle and what is hot today, will not be tomorrow.
Anyone remember myspace? they sold in 2006 for 350 million and resold last year for 34 million.

I think facebook is different though. They try to be innovative and respect their users, which was myspace's problem.
timothy
 
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Re: Who bought Tech IPO stocks?

Postby parineo » Fri Dec 30, 2011 12:38 am

Most people don't realize that most internet companies are a flash in the pan. Facebook is an exception,
but i think alot of them rushed out to do their IPO's a fast as possible. Before their weak business models disintegrated.
parineo
 
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