TECH: Facebook IPO Stock Will Cost $28 To $35

We all know about the Facebook IPO.....Right? I hope you do, because I'm not going into detail of what it is again. However what you do need to know is that if you can get your hand on $28 or $35 then you can get a piece of the world's most popular site, Facebook.

"Facebook, Inc. is offering 180,000,000 shares of its Class A common stock and the selling stockholders are offering 157,415,352 shares of Class A common stock. We will not receive any proceeds from the sale of shares by the selling stockholders. This is our initial public offering and no public market currently exists for our shares of Class A common stock. We anticipate that the initial public offering price will be between $28.00 and $35.00 per share" Quote from Excerpt.

According to how things are looking, it doesn't seem like any normal folks are liable to buy these stocks as probably 100% of those stocks have already been pre ordered by people within Facebook and super rich investors like Reid Hoffman, Microsoft and the DST Group. However it won't hurt some of you to just give it a shot. 

Facebook aims to raise a few billion dollars and sell millions of shares to willing investors. CEO Mark Zuckerberg is said to personally 30.2 million of the stocks.

The value of the stocks may be predetermined but it is still unknown if the investment would be a worthwhile one. Following the success of Facebook over the years one can confidently say that the investment is worth it. However the rise of competitors like Google+ or Twitter may be a spike in the road for the profits of the internet powerhouse.

What do you think? Is it a worthwhile investment.