Anyone thinking of buying Facebook stock?

[Darryl Dahlen]

Now that Facebook has priced their stock offering in the $28-35 range is anyone thinking of picking some up?

I'm tempted to, but even though FB is a huge company I'm not all that sure their stock is a "sure" bet.

However, it would seem likely that the stock will go up somewhat given all the hype over this IPO.

Thoughts?

[Jordan Bateman]

If buying into hype is your thing, then you can't get a much better chance than this. However, keep in mind it all comes down to price. It can be a good stock at a certain price, and a terrible stock at a certain price. There were times when Google's stock price was attractive and times when it certainly wasn't.

I can't help but be reminded of A Random Walk Down Wall Street and the "Greater Fool's Theory" every time someone asks me about Facebook stock. If someone is willing to pay more for your stock than you paid, then it was a good investment.

Personally, I don't usually invest in hype, but might buy a little bit for the pure thrill and just to be able to say "I own Facebook!"