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It's rare when a story can hold our attention for more than a single day.
But I'm glad that there's something to take my mind off the fact that I didn't follow through with my strategy to purchase option straddles on Green Mountain Coffee Roasters and MasterCard in advance of their earnings.
There's always next quarter and the next earning's season.
By then, the Facebook story should just about be hitting full stride, as every effort will be made to get shares out at least 6 months prior to year's end, to avoid increased capital gains taxes on newly minted millionaires.
Granted that the Facebook S-1 was released after yesterday's closing bell, but counting the speculation regarding its release, we're well beyond the time limits of our attention, now having surpassed 24 hours.
For me, I knew that the market was beginning to get a bit "frothy" to borrow a phrase from our dear past Chairman of the Federal Reserve, Alan Greenspan, when my son, who had all of a single stock trade under his belt, was beginning to digest the Groupon S-1 offering.
And he offered comments and observations demonstrating that he was no fan of its CEO, Andrew Mason.
Mason had a rocky pre-IPO experience, but has been virtually invisible ever since Groupon came public. Probably a good thing, given Groupon's performance to dtae.
The Facebook S-1 revealed lots of previously inknown information, including the fact that Lee Harvey Oswald had not acted alone in the JFK assasination.
He had friends and they were poking one another with increased frequency before and on that fateful day.
On a potentially positive note, the news that Facebook shares would become the new US currency has already been supported by Congressman Ron Paul and he is preparing to drop his demand for a return to a gold standard and now plans to drop out of the GOP race, having now achieved his ultimate victory.
The news that Facebook would also release a secondary offering of shares, available through an egalitarian Dutch auction, contingent on Zuckerberg's college girl friend coming back to him on hands and knees gave individual investors some hope to share in the process of wealth creation out of nothing at all.