Facebook a Good Bet? See for yourself...

In a downtrend market, nothing is a good bet... not even the Hyped up Facebook which has Billions over in Market Value.


Just take a look at the chart:

It's 11.51PM in Singapore time and 11.51AM at the U.S. side. Despite closing higher at US$ 42, it declines straight down all the way to US$38...

If you ask me what is my opinion on Buying Facebook Stock; I would say they are over-pricing the shares. And IPO usually determine on its first trading day to see whether it will likely outperform in the next few days or weeks... and it's obvious that Facebook is out of favour now...

Not everyone believes in investing in the NEXT BIG social network company now ah... Especially when all the negative news of Facebook start to surface recently...