great level playing field,
not that I think our honorable elected officials would ever trade stocks or tip off hedge funds on where they are going in their hearings but I wouldn’t want to be Cook today. When you have liberals, progressives AND McCain going after you it might look ugly. IF they make the case that aapl is the king of tax avoidance, all legal, but still ugly, and , that aapl enjoys those high profits because they off shored production of their products to suppliers who use slave labor in China rather than create JOBS in America, it might make 1 or 2 liberals rethink their love of aapl products and its stock. No doubt they all do something close to what aapl does to be competitive with respect to using suppliers who use slave labor etc but aapl will now become the FACE of this worker abuse and tax avoidance. My guess all these companies may soon be looking at say an 18 % tax rate on much of this income and margin compression as they are forced to reduce worker abuse. i'm still short
talking about all the money the young tech guys are making selling their start ups and how this will juice the eCONomy. MR total fraud, what about the investors who bought fb, grpn, znga, mrin, how are they doing ?? How much eCONomic juicing will they be doing ?? shameful.
i'm not going to put in the time to be 100 % sure of the exact numbers but it looks like 800 million Bs have CONverted to As, i wonder why, lmfaooo. I cant read these S1s any longer i may bust a rib lmao, just shameful. I wonder if buffett knows wfc , jpm, and gs do investment banking ?? buffett could man up and end this nonsense, i doubt he ever will. Check your mutual funds friends how much toilet paper do you own ??
from the 10q, th A shares are up over a billion shs issued and outstanding, now over 1.7 BILLION shs , i wonder what cramercon and his pals at cnbc think ? shameful.
If the underwriters’ option to purchase additional shares to cover over-allotments is exercised in full, the pro forma as adjusted amount of each of cash, cash equivalents, and marketable securities, additional paid-in capital, total stockholders’ equity, and total capitalization would increase by approximately $116 million, after deducting underwriting discounts and commissions, and we would have 680,241,149 shares of our Class A common stock and 1,460,938,730 shares of our Class B common stock issued and outstanding, pro forma as adjusted.
from the final ipo filing i year ago.
btw, wouldn't it be nice if EVERY insider for the first year had to file a very simple form DISCLOSING what price he paid, when he bought it, the day he sold it and what price he got ? Im my day lawyers charged 1000$$ or more to fill out FORM 144, no doubt these days it 3k or a lot more, we don't need that type of filing. I would LOVEEEEEEEEEEEEEE to know how many shs of FB have been sold since the IPO close, how much money was raised and who sold. I'm going to recheck the S1 and the latest 10q, see what i see ??
wallstj, its a good recap , read the comments after the story, tho i still dont see anyone trying to inform the public on IPO structure and how to AVOID the IPO cons. To be fair seeking alpha and motley fool writers are putting out so much worthless garbage i dont read it any longer, maybe someone did a good job on the structure issue ??
do you mean a 15c211 filing or did they change that too ? bro, i can tell you stories that would crack you up for days !!
bro, when the sec gives you a comment letter and they tell you they want you to DISCLOSE in the S 18 that you MIGHT be deemded to be a founder, finder, promotor, key person , affiliate, CONsultent etc , of the, issuer, you either do it or you dont get declared, EFFECTIVE, for many more months or longer, dig, amigo ? please do teach me the business my brkville brother. are you a RIA too or just an expert because you own 5 brkb and can find yahoo ?
What if Glenn Beck was right? in the RJ .
FREE MISSED gitmo cant be any fun ??
wrong joker there are many fine RIA and RRs, and many fine people i did business with over the years, heck, i even respect faber, michelle, and gary who is gone for obvious reasons. btw, i had many friends who worked for the state of nv, division of securites after leaving the retail side, many fine SEC people, on and on, 95 % of the business is not sbag central. John Bogle is a great american trust me bud.
i swear on my new grandsons health. My son in laws dad is a RIA. Our first grandson was born about 1 year ago, they live in CALI income above 250k . A few months before birth i tell the kids, this is the cheapest 529 offered in Cali, use this fund, the lowest cost fund is an spy index fund , cost about .4 %. My kid refy's their house, they save 300 $$ a month, I advise them put that 300 a month into the 529 and i'll start if off with X amount of money. My son in law tells the expert, his dad the RIA, this expert tells my kids, dont bother with the 529 paperwork, just buy CALI MUNIS through him , its tax free, put the money aside for the kids college education. Seriously bro, do you think buffett and munger would go with my plan, or the experts plan to buy 15 year CALI munis which will expire when babyboy applies for college IF Cali hasn't gone BK by then ? Is this advice even legal ? How are the mark ups in the muni market for odd lots old bud, splain the game to me and lucy ? Needless to say i told my kid WE will use the 529, my son in law agreed with me, the expert WONT be buying odd lots of munis for my grandson. IF, IF, i didnt make it to 2013, guess WHO would have gotten taken by his own grandpa on the other side ? Tell me bro, can he be THAT DUMB, or is he an idiot thief ? Thanks man.
the only reason i read the FB ,S1 was because of cramercon and cnbc guests talking PRE ipo. The only reason i read the MRIN , S1 was again, cramercon and cnbc guests. ONLY liz warren has the tennis balls to stop this nonsense. buffett helps to bring street cred to way to many financial jokers, conmen, and the clueless. cramercon is going to educate his viewers so they can beat the market, lol, LIZ, force them to put a warning label on the screen !! thank you.
buffett touts WFC every chance he gets he cant answer a question about their investment banking people ? NOW, YOU , know FB was a sucker play, really ? Let me tell you a little secret old bud. How many FB uses have many IDs, like 5 or more ? How many active FB users are like my nieces and their 10 active FB friends, total combined liquid net worth below 5k, COMBINED ? HOW do you monitize that ? missed and others almost bought FB because they are keno players ? really ? FB is over 1 % of the qqq, index funds have to own it, is Vanguard long Keno ? Time to retire bro the game has passed you bye.
mornin balt, NOW, experts are questioning the FB, ipo ? A bit late no ? Did the FB disaster prevent wfc and gs from bringing MRIN with that structure ? what does buffett think of our current IPO market ? will buffett ever take serious quesions or does he like this one, uncle will you give me 100 million to day trade from the short side ? pathetic.
IF you are an insider with stock options AND you want to hide the fact that you got them AND you want those options "in the money" as soon as possible. -
lol, bro, another question buffett wont take is, once you and munger are gone will brk authorize an option grant program ? How will brk pay great people after you are gone, all cash, 100 % ?
for some reason my favorite expert business channel was deleted, you know where to go to watch expeeeeeeeeeeerts talk business. shameful.