Reply With QuoteThe lawsuit claims big institutional investors got insider knowledge about the company not available to regular investors in the disclosure forms which is probably true.
Faceplant
So capitalists, tell me a bedtime story about Facebook's IPO... I just heard Zuckerberg dumped a billion dollars in shares on day one and there is a class action suit forming.
Lets have a big chear for big banks and Wall St.
There's nothing wrong with the dream, my friend, the problem lies with the dreamer.
The lawsuit claims big institutional investors got insider knowledge about the company not available to regular investors in the disclosure forms which is probably true.
"Our scientific power has out run out spiritual power. We have guided missiles and misguided men." - Martin Luther King Jr.
"A cynical, mercenary, demagogic press will produce in time a people as base as itself." - Joseph Pulitzer
I think Zuckerberg dumping a billion dollars worth of stock on day one of trading might be a sign the IPO wasn't correct. Is this just a one off, or is this just another sign that America's economy is broken and Banks and Wall St. are not playing fairly?
There's nothing wrong with the dream, my friend, the problem lies with the dreamer.
Or maybe he just wanted a "BILLION" dollars.
The OT at APOLYTON is like watching the Special Olympics. Certain people try so hard to debate despite their handicaps.
Baron O RIP.
Everybody knew the original price was too high... It's no surprise that the number of shares offered was increased a bunch as the original investors dumped more shares.
I thought it was funny that they had to prop up the price the day of the IPO so they wouldn't look bad with the price dropping below the starting point.
Even NASDAQ managed to look bad, negating much of the good press they originally got for landing the IPO.
While the stock is holding its own right now... caution is the key phrase
Keep on Civin'
RIP Baron O
While there's a lot a bad odor floating around, Zuck's dump actually doesn't appear to be part of it -- it was apparently announced that he would do that in the prospectus.
"We have tried spending money. We are spending more than we have ever spent before and it does not work...After eight years of this Administration, we have just as much unemployment as when we started... And an enormous debt to boot!" — Henry Morgenthau, Franklin Delano Roosevelt's Treasury secretary, 1941.
It will definitely get interesting around day 90 and 180 ...Originally Posted by Ming
Everybody knew the original price was too high... It's no surprise that the number of shares offered was increased a bunch as the original investors dumped more shares.
I thought it was funny that they had to prop up the price the day of the IPO so they wouldn't look bad with the price dropping below the starting point.
Even NASDAQ managed to look bad, negating much of the good press they originally got for landing the IPO.
While the stock is holding its own right now... caution is the key phrase
when the 2 classes of people who got stocks beforehand are allowed to sell them ...
maybe that´s when the facebook stock will hit the rock bottom and there might be hope,
that afterwards it will rise again (or at least stabilize)
The Big Boys took a bath. Doubtful that they'll dump stock. Just have to try and weather the storm.
Life is not measured by the number of breaths you take, but by the moments that take your breath away.
"Hating America is something best left to Mobius. He is an expert Yank hater.
He also hates Texans and Australians, he does diversify." ~ Braindead
MS didnt prop the stock on day 1, they were covering a short.
I'm not sure if you're aware of this, but in order for one person to buy something, another person has to sell it.
04-06-04 Killdozer NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Get Rich or Die Tryin'
So, is it time to buy Facebook now? I noticed that it fell below $20/share, or should we wait until its on par with 'Poly shares and do a swap?
There's nothing wrong with the dream, my friend, the problem lies with the dreamer.
Give me a rational revenue model, and I'll let you know.
"We have tried spending money. We are spending more than we have ever spent before and it does not work...After eight years of this Administration, we have just as much unemployment as when we started... And an enormous debt to boot!" — Henry Morgenthau, Franklin Delano Roosevelt's Treasury secretary, 1941.
I'm not sure what her revenue is or how rational she is, but she has a 32 double-d.
There's nothing wrong with the dream, my friend, the problem lies with the dreamer.
normally i wouldn't look at the face with tits like that
but whats wrong with her face
I need new wallpaper, maybe I'll buy some FB stock
Any views I may express here are personal and certainly do not in any way reflect the views of my employer. Tis the rising of the moon..
Look, I just don't anymore, okay?
My greatest wish is to be half the poster MikeH is.
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