InvestorsHub Logo
Followers 3
Posts 526
Boards Moderated 0
Alias Born 06/28/2011

Re: GrodO post# 306

Tuesday, 06/12/2012 1:12:22 AM

Tuesday, June 12, 2012 1:12:22 AM

Post# of 355
These guys at GSVC played the market and timed their latest offering perfectly. Most people in GSV figured it would bounce back as FB came to market. The time to sell (if you didn't prior to the new shares) was the day before or on the day FB started trading. Had FB skyrocketed, this would have turned out differently. However most analysts made the right pick about FB being overvalued.

My biggest concern about GSVC has to do with the excesive expenses. I'm not real hot on this any more, though I still own some shares. I'm glad I sold when FB started trading. I'm still kicking myself for not selling earlier when the stock started dropping even before the IPO.

IMO, GSVC will bounce back some over a bit of time. I don't see it as a long term hold though.