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Facebook IPO and Random Thoughts

The long-awaited Facebook IPO (stock symbol FB) has been announced (published in February 2012) , is it time to jump in and make some money on this Tech darling (but the voices in my head say remember Nortel and Yahoo)? I will not be buying in, mostly because I wouldn’t buy a stock directly (I am in my passive investing phase) and while Facebook could be the next Google (symbol: GOOG) it has a chance not to be as well. I will simply watch with interest to see how the feeding frenzy goes.

It was Groundhog Day yesterday too, and as usual the various entrants all made their own predictions, but I can safely predict that Spring will come this year, some time (and if it doesn’t we are really in trouble).

It is also a Super Bowl weekend, where non-football lovers get to watch their loved ones turn into raving loonies over 1 game. I will attempt to create my standard chilli, and make sure I have enough beer, in case the Giants don’t play well. The Super Bowl seems to be an event bigger than Christmas (and with a longer lead-up period too).

Weekly Recap

We washed the all-stars out of Ottawa, this week Winterlude begins, but in terms of posts I am fixated on mass transit it seems:

And thanks to those who added me on Twitter I am now over 1000 folks who follow me, zut alors! Check out my facebook page as well (but no I won’t be buying Facebook stock because of this either).

Facebook’s IPO was big in the news, but RIM is still out there bubbling up, and TAX TIME is even more important too:

Remember my RSS feed is available too, for those who enjoy reading without looking at my crappy page lay out, and I have added an RSS Comment Feed as well.

Have alook at my micro-blog on Twitter, where you can see a whole plethora of good articles and pithy comments by me as well. Twitter feed where I re-tweet many great articles by some of my featured writers (and make the occasional odd or off colour commentary on life (in 140 characters or less)). I am also on Digg as Big Cajun Man, on reddit, Tumblr and other Social Media sites (look for the BigCajunMan userid) as well.

If you have social media accounts, don’t forget to vote for my posts (see the nifty dashboard on the bottom of each article, where you can cast your votes). As they say in Quebec, vote early and vote often!

This site is iPhone Friendly (and Android , iPod Touch and iPad Friendly), enjoy it on the go, in a readable format for the device. If you are reading with an iPhone or Android device, drop me a comment and tell me if this needs any improvements. This site is also in the Kindle US Blog list, if you are interested, not available in Canada yet (because no Blogs are available in Canada on a Kindle?!?).

A Quote for Groundhog Day

“There is no way that this winter is *ever* going to end as long as this groundhog keeps seeing his shadow. I don’t see any other way out. He’s got to be stopped. And I have to stop him. ”  

Phil Conner from Groundhog Day (played by Bill Murray), yes, I think the groundhog must be STOPPED!!!!

Feel Free to Comment

  1. Second the bearish sentiment on Facebook. When Mr. Market brings me a price that gives it a P/E ratio of ten rather than SEVENTY FIVE, I’ll give it another look. Just like Canadians buying cashflow negative condos to “flip” them for capital gains. When the boom defies common sense, the party eventually ends; the person with the party bag of penny stocks and worthless dog kennels in the sky. This person is the Greater Fool.

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