Avoiding the Facebook feeding frenzy

Many retail investors are unlikely to get their hands on Facebook shares in its first hours of trading but they might be better off waiting it out anyway.

Try as they might, many retail investors won't be able to get shares of Facebook in its first hours of trading.

They may be better off waiting it out anyway. Buying at the closing price of the initial public offering day and holding on to your shares has not been a profitable strategy lately, especially for companies in the media business.

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