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Facebook Shares? Good Luck!


A Bend financial advisor says he's been getting calls from people who want to get in on the Facebook Initaial Public Offering (IPO).   Facebook is announcing its intentions to do an initial public offering that could raise as much as $10 billion and put the company's total value at around $100 billion. Troy Reinhart with Northwest Quadrant Wealth Management says there is often a lot of hype surrounding IPO's so sometimes the shares are quickly overvalued. “Buyer beware. I know we’ve gotten lots of clients out there wanting to know how to get in touch with Facebook. And the answer is: you’re not going to get a hold of Facebook shares, until they are in the after-market. And then you, as an investor have to be careful that you’re not just trading on emotion.”  This will mark the sixth largest U.S. IPO ever, and the 15th largest IPO in global history.

 

 

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