Don’t Be Fooled By Facebook (Nasdaq: FB)

Facebook (Nasdaq: FB) stock closed over $39 for the first time ever Monday, but the gains were short-lived. In mid-morning trading Tuesday, FB shares slipped more than 2% to $37.94.

Nonetheless, Monday’s milestone, which took a long 14 months to achieve, left many investors giddy – and confused.

With shares trading above its May 2012 initial public offering price of $38, scores of market participants are mulling whether it’s time to take the plunge and buy shares or pull the trigger on the lot they own.

Money Morning Chief Investment Strategist Keith Fitz-Gerald cautions investors not to go lured in. He compares FB to overhyped companies of the past that left many investors with buyer’s remorse. (more)

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