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Economy

Ruby the Liberal

(26,219 posts) Sat Jan 28, 2012, 02:34 AM Jan 2012

Facebook IPO this coming week

Just heard this on MSNBC's news break (yeah, prison fetish weekend, but the cat is sound asleep in my lap and the remote is across the room).

They said it will be announced Wednesday, underwritten by MSSB and likely to come in at an obscene $100bn.

4 replies

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Highlight:

Facebook IPO this coming week (Original Post) Ruby the Liberal Jan 2012 OP

I have to go with Max Keiser's theory on this, Joe Shlabotnik Jan 2012 #1

Precious few have skin in this game. Ruby the Liberal Jan 2012 #3

That boy is gonna lose big in 9 months. nt DocMac Jan 2012 #2

Pump and dump, time for the "liquidity event". nt bemildred Jan 2012 #4

Joe Shlabotnik

(5,604 posts)

1. I have to go with Max Keiser's theory on this,

Reply to Ruby the Liberal (Original post)

Sat Jan 28, 2012, 02:41 AM

Jan 2012

that these dot-com IPO's are hyped and inflated by banks like Goldman or Morgan Stanley, and then the underwritten funds will be withdrawn as soon as possible. Call me pessimistic, skeptical, or a conspiracy theorist, (I don't have any skin in this game), but these things tend to profit the underwriters, both before, during and after a crash.

Ruby the Liberal

(26,219 posts)

3. Precious few have skin in this game.

Reply to Joe Shlabotnik (Reply #1)

Sat Jan 28, 2012, 04:49 AM

Jan 2012

Over priced, over hyped and good luck in the buy as IPO shares are rationed out. Once the UW firms get them, then it is x per complex and from there, x per branch.

DocMac

(1,628 posts)

2. That boy is gonna lose big in 9 months. nt

Reply to Ruby the Liberal (Original post)

Sat Jan 28, 2012, 04:18 AM

Jan 2012

bemildred

(90,061 posts)

4. Pump and dump, time for the "liquidity event". nt

Reply to Ruby the Liberal (Original post)

Sat Jan 28, 2012, 10:59 AM

Jan 2012

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