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We will have to wait and see what happens but it appears the IPO was released at the absolute zenith in regards to timing. I also wonder how many of the company insiders may be "shorting" a portion of their shares before the 90 day sales blocking window expires.
Are these new found multi-millionaires skirting the SEC rules just a little bit with small quantities of their stock to pay off student loans, or buying homes at the current all-time record low prices? Who else would buy on Thursday for $38 and sell on Tuesday at $32? Other than someone who is convinced it will be only $22 next week.
posted by 68.42.115...
_______________________________________
Saabs owned:
2008 9-5 Aero Sedan, sold at 227K miles
2006 9-3SC 2.0T - Wife's daily driver
2000 Viggen Convertible - Sold May, 2022
1964 Quantum IV Formula Car - Retirement project
2000 9-5lpt Sedan, sold at 318K miles
Posts in this Thread:
- Facebook Stock, Scott Paterson
, Sun, 20 May 2012 06:55:14- ah well, it did manage $50+ eventually..., Scott Paterson
, Thu, 2 Jan 2014 20:14:42 - funny tweet by my friend..., Scott Paterson
, Fri, 25 May 2012 15:22:17 - "Fury Over Facebook IPO Grows, Lawsuits Mount", Bill Homer
, Wed, 23 May 2012 09:41:29 - Re: Facebook Stock, C H Tay, Tue, 22 May 2012 21:14:39
- Re: Facebook Stock, Scott Paterson
, Tue, 22 May 2012 16:36:59 - Zuck said they need to monetize the mobile apps, AeroBaron, Mon, 21 May 2012 21:23:43
- Fadebook. $20, andym, Mon, 21 May 2012 15:35:02
- I suspect $20 comes first, Notnoel
, Mon, 21 May 2012 08:49:46- This ^, turbocon86, Mon, 21 May 2012 09:43:11
- Re: This ^, Snowmobile
, Mon, 21 May 2012 10:00:30
- Facebook Stock -If it hits 50 first below 20 is next, LG Aero, Mon, 21 May 2012 06:06:40
- Not a clue, DE
, Sun, 20 May 2012 12:34:46 - $20 - I think they'll be MySpace 2.0, Trev, Sun, 20 May 2012 12:01:24
- Seems all too familiar, Bill Homer
, Sun, 20 May 2012 11:47:46 - Depends what they do with the billions received, MI-Roger
, Sun, 20 May 2012 11:03:16 - Bubble?, Snowmobile
, Sun, 20 May 2012 08:58:31 - Re: Facebook Stock, turbosaab
, Sun, 20 May 2012 07:32:10
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