Then a year later you would get to the IPO Price XD
http://www.theguardian.com/technology/2013/aug/03/facebook-stock-closes-ipo
Facebook's resurgent stock has closed above its IPO price for the first time since the online social networking leader made its debut on Wall Street more than 14 months ago.
The shares gained 56 cents to finish Friday's session at $38.05 (£25), the stock's highest closing price since ending its first day of trading at $38.23 in May of last year.
CLASSIC it took me a year I waited and waited I was so proud of My IPO and I made 5 cents
At least you had a steady enough hand to see it through for a year. I'm sure there were plenty that sold when it dipped below $20 and regret that now. It's like the people that sold out of stocks at the bottom of the plunge in 2008-2009 and stayed out. Since they missed out on the 4 year rises of over 100%, it'll be unlikely that their portfolio will ever significantly recover. Always better to be steady and stick with investment plans when there's a strong underlying value in the investment.
True to be honest however a bitcoin investment would have done much better over the same period, I guess it depends on what your time line is and what prices you target but you are correct a hold and leave alone or the option to buy at a lower base are not bad strategies as long as the company in question is not in jeopardy.
For example the people who bought bitcoin at 250 dollars could wait a year to see if the market recovers and do nothing with the bitcoins they have but it would make more sense if you believe in your investment to hold it and reinvest than sell out now. The same logic applies to those that sell out early on bad news guess the markets are like that .