A few months ago, I put money into Facebook, buying at $19.99. I had made my case for owning Facebook over and over and would have been paid the IPO price. I didn’t though. I try to stay away from IPO’s. It’s too volatile, too risky. Instead, I waited a while and once the price seemed more stable, I purchased. There are many reasons why I was bullish on Facebook and I did start off doing very well with the trade. I was up 40% or so a few months later and things seemed promising on many fronts.