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    1. Facebook offers plenty of reasons not to like its shares

      Explore Bottom Line (Feb 2 2012)

      Anyone looking for a reason NOT to invest in the most heavily hyped IPO of the decade need look no further than page 11 of the company's prospectus, filed with federal regulators Wednesday. There, in what one of our colleagues describes as "the good parts," the company begins a recitation of "risk factors" that runs for some 20 pages. Some of these are standard boilerplate ("Our business is highly competitive"). But others represent what another colleague describes as "the hopes and fears of Fac (Read Full Article)

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