Facebook (FB) started trading today with much anticipation. Unfortunately the common place advice doomed the IPO. The IPO was priced at $38. One of the first opening indications was $45 on 18 million shares. The stock was set to open at 11:00 am ET. The opening was repeatedly delayed and opening
This post was just published on ZYX Buy Change Alert Consider selling FB right here at $38.08 and exiting the trade.
This post was just published on ZYX Buy Change Alert FB has now plunged to $38. Please ensure that stops previously mentioned are in place.
This post was just published on ZYX Buy Change Alert FB opens at $43 and is now falling to $42.37 as of this writing.
This post was just published on ZYX Buy Change Alert Apparently large number of orders on FB are being cancelled. Markets are fickle but for the time being it appears that our calls to cancel FB open orders was spot on.
This post was just published on ZYX Buy Change Alert NASDAQ NDAQ has failed to open FB on time. Apparently demand is less than expected.
This post was just published on ZYX Buy Change Alert New FB indication is $42 on 55 million shares. This is a lot lower than bulls had expected. If it opens at $42 and does not move up from here it can pull the entire market, especially stocks like ZNGA, GRPN,
This post was just published on ZYX Buy Change Alert At this time the price indication for FB opening is $45 on 18 million shares. FB will start trading at 11:00 am ET.
This post was just published on ZYX Buy Change Alert It appears that some institutional investors received larger allocations of FB shares than they were expecting. Such investors may flip at the open or in the coming days. For the above reason the recommendation to buy FB shares in the open market is
This post was just published on ZYX Buy Change Alert Facebook IPO is priced at $38.00 per share.