Faceplant

[Uncle Sparky]

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.

[Dinner]

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.

[Uncle Sparky]

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?

[rah]

Or maybe he just wanted a "BILLION" dollars.

[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

[The Mad Monk]

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.

[Proteus_MST]

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

It will definitely get interesting around day 90 and 180 ...
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 )

[SlowwHand]

The Big Boys took a bath. Doubtful that they'll dump stock. Just have to try and weather the storm.

[Zoetstofzoetje]

MS didnt prop the stock on day 1, they were covering a short.

[KrazyHorse]

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?

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.

[Uncle Sparky]

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.

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?

[The Mad Monk]

Give me a rational revenue model, and I'll let you know.

[Uncle Sparky]

I'm not sure what her revenue is or how rational she is, but she has a 32 double-d.

[Sava]

normally i wouldn't look at the face with tits like that
but whats wrong with her face

[Alexander's Horse]

I need new wallpaper, maybe I'll buy some FB stock