Is it worth buying shares in facebook?

Hatter The Mad said:
Firstly, the manipulation of price didn't last long, did it?

Secondly, the prop-orders were all within the 0.1% range of price, whereas the price right now is nearly 1% higher than price.

Nothing I've said is incorrect.
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It wasn't just being propped up during the short 5min period shown in the video just before noon, it was being propped up for the best part of 30mins before the market closed at the end of the day as well.
 
Hatter The Mad said:
No - the main underwriters here acted as a middle-man and probably provided a firm-commitment (are the agreements made public)?
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The "public" offering is by the underwriters to their clients. They are providing a service and get a fee for it. They do not make a margin. They are not middle men in that sense. They are simply providing their networks to outside investors the company in the IPO doesn't have.

The part where the share trades on the stock exchange is called a "float". They are inexorably linked.
 
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Have a link:-

http://www.bbc.co.uk/news/business-18115914

This starlet tripped on the red carpet. That's clear
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He added that the only reason the shares did not fall below the offer price was because underwriters stepped in to buy the stock
This is exactly what the underwriters are supposed to do. However, if the company is trading near $40 with assistance then the implied valuation is lower
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Jokester said:
It wasn't just being propped up during the short 5min period shown in the video just before noon, it was being propped up for the best part of 30mins before the market closed at the end of the day as well.
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That's when most of the trades took place, though? Or perhaps not in volume.

FYI, FB also climbed in late trading. I don't think that was because of syndicate support.

Either way, let's watch what happens when Morgan Stanley's holding goes down (if it does) and the the days go on.
 
anyon said:
Well all those stocks fell throughout Friday.
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I know, that's what I bet on happening.

I figured it'd be hard to lose: they're either going to sink because money will be moved from those to Facebook if Facebook popped on the day, and/or they would sink if Facebook doesn't pop and people think "****! These must be overvalued, then."

Although for the Google one, that was riskier (I bet on that tanking if Facebook popped, and obviously it didn't really pay off).
 
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This could trigger something bigger imo, on top of the euro crisis. Investing is a lot about morale and this can't be good for it.
 
kwerk said:
This could trigger something bigger imo, on top of the euro crisis. Investing is a lot about morale and this can't be good for it.
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But everyone with any sense knew it was going to tank so lots of people should have made money which is good for confidence.
 
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