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Booking Profits At Facebook-WSJ

|Includes: Facebook (FB)

For those investors that are beating down the door to buy the Facebook (NASDAQ:FB) IPO, it might be a good idea to think about why insiders are willing to sell their stock. It doesn't mean that the price won't rise or that in 5 years the market cap won't be double what it is currently, but the margin of safety is not there. I'd much rather own a bank or insurance company trading at 50-60% of tangible book value, where I get all of their future profit potential for free.

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