Big $ Un-friended Facebook Pre-IPO, Left The Little Guy To Hang?
Via Business Insider's Henry Blodget. If this is how it plays out, someone will be more than "un-friended," they will be well and truly f*cked in ways that matter. Cue lawsuits and federal investigations until they all get on the same page and decide who is going down – and for how much. They'll get around to letting the little guy know that, too, eventually. heh
EXCLUSIVE: Here's The Inside Story Of What Happened On The Facebook IPO
How’s that free market working out?
No regulation or controls needed here
Move along, move along – nothing to see here.
What “free market”, you idiot…???
Dodd-Frank is watching over you; you have nothing to fear.
What a moron.
Rags, Rags, Rags – your mentor Dan implied there may be a problem with things as characterized by the Facebook IPO. You come back with some nonsensical dribble about Dodd-Frank. Do you have a point?
Is it possible for you to have a coherent opinion? Your snark would indicate you’re no fan of Dodd-Frank. So what would you, O Great Thinker, do about the Wall Street shenanigans?
Sub, sub, sub-human values…
You are not bright enough to get that Dan is not my “mentor” in any sense of the term…
that “regulations” almost NEVER do what they are promised to do…
that my opinions are ALWAYS coherent…
and that, to the extent people did wrong WRT Facebook’s IPO, there are laws on the books to deal with all that.
Plus, the MARKET WILL POLICE ITSELF MUCH BETTER than “regulators” will, as is proven over and over…to anyone who understands history.
Oh, and snark is all you deserve, you moron. Actually, more than you deserve.
Consider me magnanimous…
no – I consider you a fool
“The fact that some potential Facebook investors were told of the analysts’ estimate cuts and others were not would seem to be a major “selective dissemination” issue.
It is inconceivable that a reasonable investor would consider the sudden reduction of the underwriter analysts’ estimates to be immaterial to an investment decision.
The SEC and FINRA appear to have acknowledged this, and they may now investigate what happened.”
Yessireee…
that ol’ financial market is jus’ a Wild West free-fer-all.
But MORE regulations will change all that. Yep. Sure will…
The old, old Collectivist chant…
“we weren’t committed enough…we didn’t spend enough, or take enough freedom… Next time, it will work.”
You, Sub-Human Values, are an idiot.
(You DID see that the regulators “may now investigate”…RIGHT…??? Moron.)
This FaceBook IPO looked bad weeks ago.
Top stock like AAPL, INTC and MSFT are trading with a P/E around 10 to 12.
Meanwhile, these clowns are offering FB with a P/E of 88 with little prospects to increase earnings.
Only a fool goes after this cr@p.
The only thing that Sudden Discomfort invests in are tissues to “clean himself up” after viewing shirtless photos of his god king Xerxes!!
You DO realize you are a complete douche bag don’t you??
Glad that I didn’t sign up for Facebook.
SV: “So what would you, O Great Thinker, do about the Wall Street shenanigans?”
Well, first off, unlike obambi, I wouldn’t keep a top bundler around who “lost” several billion dollars.
“lost” in the sense of “now where did I put that $2Billion?”
No worries though, Corzine is a dem, therefore he is a “Wall Street Saint” in SV’s hilariously moronic worldview……
Leftist believe in having a police state on economics