If it were not for the underwriters buying a ton of shares this stock would have ended up well below the IPO price of $38.
This stock fell to unchanged at $38 and they then had to support it. $100 in one week time? Please this isn't the 90's.
If it were not for the underwriters buying a ton of shares this stock would have ended up well below the IPO price of $38.
This stock fell to unchanged at $38 and they then had to support it. $100 in one week time? Please this isn't the 90's.
If it were not for the underwriters buying a ton of shares this stock would have ended up well below the IPO price of $38.
This stock fell to unchanged at $38 and they then had to support it. $100 in one week time? Please this isn't the 90's.
And I believe that they are going to be flooding the market with more in the months to come. If I heard it right.
And I believe that they are going to be flooding the market with more in the months to come. If I heard it right.
And I believe that they are going to be flooding the market with more in the months to come. If I heard it right.
Will they still do this if there's not enough demand for it.
And I believe that they are going to be flooding the market with more in the months to come. If I heard it right.
Will they still do this if there's not enough demand for it.
Underwriters can support all they wish in the short term... but this stock will be trading down significantly within a couple weeks IMO
What do I know? Not much, just my gut feeling. Most hyped IPO in over a decade.
Underwriters can support all they wish in the short term... but this stock will be trading down significantly within a couple weeks IMO
What do I know? Not much, just my gut feeling. Most hyped IPO in over a decade.
The good wishes were much appreciated WallStreet....Man, this bet was in the green most of the day, but took a dive in the last hour of trading..... those underwriters protected the 38 with conviction.
I would have to think that the number of automated sell orders sitting at 37.99 was huge! All of the delays and order routing problems were also very fishy on the open....looked to me like everyone was looking to sell aggressively early, and every stock that was associated with FB took a bloodbath.
All in all 0-2 on the day...Zuckerberg wore his hoodie to the open, probably should have gone with the suit and at least tested the 50$ level with the IPO.
Well, a loser is a loser is a loser........back to the grind. to all.
The good wishes were much appreciated WallStreet....Man, this bet was in the green most of the day, but took a dive in the last hour of trading..... those underwriters protected the 38 with conviction.
I would have to think that the number of automated sell orders sitting at 37.99 was huge! All of the delays and order routing problems were also very fishy on the open....looked to me like everyone was looking to sell aggressively early, and every stock that was associated with FB took a bloodbath.
All in all 0-2 on the day...Zuckerberg wore his hoodie to the open, probably should have gone with the suit and at least tested the 50$ level with the IPO.
Well, a loser is a loser is a loser........back to the grind. to all.
I have doubts that Facebook can be monetized without killing the essential stuff that made it great. The suits that are trying to make money on this don't understand the technology, the vibe or guys like Zuckerberg--who, despite all his smarts and shrewdness, is probably ill-equipped to run a company with this market cap.
I have doubts that Facebook can be monetized without killing the essential stuff that made it great. The suits that are trying to make money on this don't understand the technology, the vibe or guys like Zuckerberg--who, despite all his smarts and shrewdness, is probably ill-equipped to run a company with this market cap.
You are absolutely right.......when Enron was high flying all we heard from the analysts was that they didn't understand their model and strategy to grow revenues......not saying Zuck is cooking the books.....but he is under big pressure now to perform......this will be interesting to watch........I've been saying it's just another fad for years now........would not touch it....
You are absolutely right.......when Enron was high flying all we heard from the analysts was that they didn't understand their model and strategy to grow revenues......not saying Zuck is cooking the books.....but he is under big pressure now to perform......this will be interesting to watch........I've been saying it's just another fad for years now........would not touch it....
it was a shocking experience....
it was a shocking experience....
Underwriters can support all they wish in the short term... but this stock will be trading down significantly within a couple weeks IMO
What do I know? Not much, just my gut feeling. Most hyped IPO in over a decade.
A couple weeks... hell that only took a couple days. This dog is headed for 20's very soon. Huge failure of an IPO
Underwriters can support all they wish in the short term... but this stock will be trading down significantly within a couple weeks IMO
What do I know? Not much, just my gut feeling. Most hyped IPO in over a decade.
A couple weeks... hell that only took a couple days. This dog is headed for 20's very soon. Huge failure of an IPO
A couple weeks... hell that only took a couple days. This dog is headed for 20's very soon. Huge failure of an IPO
The people that initially pounded the stock are the same useless people who go on that site everyday and tell us where they and their kids are eating.
A couple weeks... hell that only took a couple days. This dog is headed for 20's very soon. Huge failure of an IPO
The people that initially pounded the stock are the same useless people who go on that site everyday and tell us where they and their kids are eating.
The people that initially pounded the stock are the same useless people who go on that site everyday and tell us where they and their kids are eating.
The people that initially pounded the stock are the same useless people who go on that site everyday and tell us where they and their kids are eating.
If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.