It is sooooooooo obviouooooooooooos. They didn't want to interview with Maria Bartiromo on another down eay. Stock was tanking until the last 30 minutes. Looks like they used up the rest of their allotment.
EXACTLY! Thank you...someone actually saw that. It was all stepping-short cover by the underwriters to boost the stock price. I do not know how long it will take, but FB is worth about 8/share right now. It will get there. Remember AOL, MySpace, Friendster etc.? No actual products...only service on the internet. Do you think GOOG will allow advertisers to flock to FB? Nope. FB has peaked. It is a social site for teenage girls and freaks. WHO ACTUALLY CLICKS ON ADS?
remember LNKD, drop of 50%; month later over ipo price! you fools keep talking about valuation. heeeey wake up, MM will let it run to its ipo price again, just trade it! MArk cuban also does it , he is a billionaire. do you think he thinks it goes to 8..maybe but first traders here make money with going to back to 38+. just watch how funds will play this. they control it. not valuations or media ...
After the FB sharade, will any average/retail investor try any new IPO? I wonder how much money Google or their croneys ponied up to SHORT Facebook? And the usual 'talking-heads' were complicit in the whole debacle....MHO