When facebook decides its initial public offering price in few months, it may already be out of avergage investors capacity. This is just a hype. Google had it, blackstone had it on 2008 and facebook has it now. well, google delivered and lot of people made good money. facebook might do it. they generate preety good ad revenues. LOng term investors, should buy it on when it forms a support and bounces off from that ......as long as uptrend exists, ride it. Trading it for short term is different and dont want to fget in there either. LOng-term investors should also focus on price actions. If its making higher lows and higher highs, buy at higher lows. Its simple......dont buy the hype...buy the price...buy the uptrend.
As Buffet said once, dont invest on something u dont understand. If facebook confuses u, leave it. There are a lot of other stocks u can make money on.