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Tim Travis
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Tim Travis is a veteran deep value investor and money manager. Travis has extensive experience in traditional investments such as stocks and bonds, in addition to having a unique methodology of combining options and distressed investing with value investing to generate income, reduce risk, and... More
My company:
T&T Capital Management
My blog:
T&T Capital Management Blog
  • Facebook Fought SEC To Keep Mobile Risks Hidden Before IPO 0 comments
    Oct 11, 2012 11:42 AM | about stocks: FB

    I don't have a lot of compassion for people that gambled on the Facebook (NASDAQ:FB) 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.


    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: FB
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