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Old 05-18-2012, 08:38 AM   #1
tammix
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BREAKING - Weak starting for Facebook!! is going down!

started at $43 but going down, now at $40...!!!!is this a fail stock?
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Old 05-18-2012, 08:42 AM   #2
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started at $43 but going down, now at $40...!!!!is this a fail stock?
You must not follow stocks.
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Old 05-18-2012, 08:59 AM   #3
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Lets say the stock market is a 20 floor building, Facebook is already at the 15th floor even before its stock went public. Don't expect it to go sky high, well at least any time soon.
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Old 05-18-2012, 09:03 AM   #4
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CNN just reported that Morgan Stanley couldn't match enough buyers and sellers -- whatever that means.
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Old 05-18-2012, 09:22 AM   #5
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http://www.google.com/finance?q=fb


http://www.policymic.com/articles/85...headline_story


kind of confusing .. didn't it end up opening at $38?
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Old 05-18-2012, 10:13 AM   #6
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CNN just reported that Morgan Stanley couldn't match enough buyers and sellers -- whatever that means.
too many buyers not enough sellers means there aren't enough shares to trade.
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Old 05-18-2012, 10:20 AM   #7
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too many buyers not enough sellers means there aren't enough shares to trade.
Which means the price goed up, right?
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Old 05-18-2012, 10:51 AM   #8
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Or it could mean, and some news stories appear to suggest, there are not enough buyers with underwriters themselves filling some orders to support the price above $38.
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Old 05-18-2012, 10:55 AM   #9
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Old 05-18-2012, 11:21 AM   #10
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I don't give a facefuck
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Old 05-18-2012, 11:22 AM   #11
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facePOOk sucks
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Old 05-18-2012, 12:40 PM   #12
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Looks like the underwriters are working diligently to hold the price above $38 ...

Furthermore, I'd wager they'll be decent bump in the price to around $42 just before the close so they can tout the IPO as being a huge success.
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Old 05-18-2012, 12:43 PM   #13
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started at $43 but going down, now at $40...!!!!is this a fail stock?
oh the horror!

LOL
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Old 05-18-2012, 01:14 PM   #14
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Looks to have closed at $38.37 in regular trading. Surprised there was no end of day bump in the price.

Presumably there was far, far more selling than buying with underwriters struggling to keep FB above $38 .. and it looks like they're still working overtime in afterhours to keep it afloat.
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Old 05-18-2012, 02:50 PM   #15
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https://www.google.com/finance?client=ob&q=NASDAQ:FB

Sanity is setting in.

Monday will be fun.
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Old 05-18-2012, 04:33 PM   #16
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$38 at the moment...
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Old 05-18-2012, 04:54 PM   #17
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didn't really expect much. My buddy that was going to buy decided to pass on it.
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Old 05-18-2012, 05:15 PM   #18
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CNN just reported that Morgan Stanley couldn't match enough buyers and sellers -- whatever that means.
Quote:
Originally Posted by PR_Glen View Post
too many buyers not enough sellers means there aren't enough shares to trade.
haha FAIL!

It means that all those institutional investors (that bought in at $38) couldn't find enough suckers to unload the stock on.
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Old 05-19-2012, 02:20 AM   #19
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They will use FB as prime example of what shit is Wallstreet able to sell with straight face even after the mortgage crises. Nothing has changed there..
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Old 05-19-2012, 02:39 AM   #20
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started at $43 but going down, now at $40...!!!!is this a fail stock?
Are you surprised?
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Old 05-19-2012, 02:52 AM   #21
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Why Did Zynga's Stock Drop After Facebook Went Public?
http://www.theatlantic.com/business/...ks-ipo/257395/

Facebook’s Debut Marred by Trading Flaws
http://dealbook.nytimes.com/2012/05/...ding-glitches/
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Old 05-19-2012, 08:24 AM   #22
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Looks to have closed at $38.37 in regular trading. Surprised there was no end of day bump in the price.
Underwriters squeezed a lemon out of this IPO. Perhaps due to misleading expectations or in hunger for their nice % chunk as it looks like the IPO wasn't priced at a discount.
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Old 05-19-2012, 02:10 PM   #23
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Old 05-19-2012, 02:18 PM   #24
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i heard it made some employees instant millionaires. thumbs up their ass fuck you rich bastards
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Old 05-19-2012, 04:06 PM   #25
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It's a good thing the Wall Street crooks had the "Plunge Protection Team" to step in and save the FB IPO, or I think the stock would of ended up on the wrong side of $38.

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Old 05-19-2012, 04:29 PM   #26
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They will use FB as prime example of what shit is Wallstreet able to sell with straight face even after the mortgage crises. Nothing has changed there..
well said
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Old 05-20-2012, 10:26 PM   #27
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You must not follow stocks.
...Or speak English.
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Old 05-20-2012, 11:01 PM   #28
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Some say that since the price didn't change much on the opening day Facebook actually got it right. If a stock spikes (or tanks) on opening day it means the target was wrong.
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Old 05-20-2012, 11:36 PM   #29
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Old 05-21-2012, 01:01 AM   #30
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Let's start a book on the price at close of trading Friday.

My guess will be around $33.
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Old 05-21-2012, 01:30 AM   #31
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We're all going to be rollin in cheeseburgers soon
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