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-   -   BusinessInsider: Large Investors Told of Lower FB Estimates Before IPO (https://gfy.com/showthread.php?t=1069010)

jigg 05-22-2012 04:08 PM

BusinessInsider: Large Investors Told of Lower FB Estimates Before IPO
 
Quote:

The analysts cut their estimates because a Facebook executive told them to, a source tells us.

The information about the estimate cut was then verbally conveyed to sophisticated institutional investors who were considering buying Facebook stock, but not to smaller investors.
http://www.businessinsider.com/exclu...ook-ipo-2012-5

DTK 05-22-2012 05:35 PM

Facebook 1st trading day - keeping it at $38

http://youtu.be/iQq3yG_kLQM?hd=1

BIGTYMER 05-22-2012 05:47 PM

Typical wall st.


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