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 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,
It is not an exaggeration to say that all roads of growth lead to or through China. The obvious question for some of today’s most popular growth stocks is, “Out of Apple, Google, and Facebook, which company will do better in China?” The Facebook (FB) IPO is upon us Friday, and the
I have been advocating backing up the truck and buying all the Facebook (FB) shares an investor can get in the IPO. (For background please see:Facebook IPO Is Nigh, Should You Buy?) When an IPO is as white hot as Facebook, plenty of scams are bound to raise their ugly heads.