I don’t have a lot of compassion for people that gambled on the Facebook IPO on the belief that the stock just had to go up. That is not a winning investment strategy or emblematic of an investment at all. I will say though that I though Facebook’s management did everything they could to ensure a horrendous result for people that bought the IPO. The reason I say this is due to the dramatic increase in shares issued, and then this revelation as to the company’s conduct with the SEC is certainly less than desirable.
INVESTING IN THE FINANCIAL MARKETS INVOLVES RISKS. OPTIONS ARE NOT SUITABLE FOR ALL INVESTORS.