Meta-Trader - Facebook S-1

Welcome back Meta-Traders.

I'm not normally a fan of buying into IPOs but this one deserves some notice. Yesterday, Facebook filed its S-1 form with the SEC declaring its intentions to go public. The deal is going to be the largest Internet IPO ever and the probably one of the top 5 IPO's of all time. The shares are scheduled to go public some time in the late spring under the symbol FB and will trade on the NYSE.

Facebook is a mega-trend it itself and you could argue is in economy onto itself, in the same category as Amazon or E-Bay. Except that Facebook is bigger than all of them in terms of number of users, page views, etc etc.

Go over to SEC EDGAR database and search for Facebook.

Check back on the weekend for my next installment in my Neural Network series.