Investor Ideas: Social Networking Stocks Continue Run with Facebook Frenzy

InvestorIdeas.com, a global investor research portal, specializing in sector research including tech stocks issues an investor alert for social networking stocks for the morning of February 3rd as the Facebook IPO frenzy continues to drive the sector. Tech stocks were strong in yesterday's session, with significant gains in the Social Media/Networking stocks.

Facebook's pending $5 Billion IPO has investors buying into the sector ahead of its market debut expected in May. Most retail investors know the chance of participating in the IPO are slim and none so they are entering the game with some of the other well known players in the space.

Social Networking stocks Snapshot Trading February 3rd

FriendFinder Networks Inc. FFN is becoming a best friend to investors this week, trading up again this morning, at 1.3950, up 0.0650(4.89%) 9:54AM EST with a high of $1.47

Groupon, Inc. GRPN is trading up at $23.79, up 0.71(3.07%)

Linkedin Corporation LNKD is moving up, trading at $79.93, up 2.95(3.83%)

Renren Inc. RENN is gaining in morning trading, at $5.66, up 0.24(4.43%) 9:58AM EST

SINA Corporation SINA is trading at $76.26, up 0.96(1.27%)

Zynga Inc. RENN is running, trading at $13.24, up 0.85(6.90%)

Investorideas.com Newswire

Read the entire S1IPO filing for Facebook: http://www.sec.gov/Archives/edgar/data/1326801/000119312512034517/d287954ds1.htm

Research Social Networking stocks:

Visit the Investorideas.com Social Networking Stocks Directory preview page:

http://www.investorideas.com/TSS/Social_Networking_Stocks.asp

Become an Investor Ideas Member Today - Get 24/7 access to our exclusive members only - 13 stock directories; energy, renewable energy, mining stocks, water, biotech. Added bonus for members - New Tech Stocks Directory for Social Networking and Cloud Computing Stocks

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Source - Investorideas.com

800-665-0411 - dawn@investorideas.com, cvanzant@investorideas.com

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