This facebook ipo has caught my imagination. So much HYPE! This thread has the following purpose: Provide an ET venue for brief opinions and timely analysis. There is a SouthAmerica thread floating around that has some good info, but he quotes entire articles, and reading the thread is a timely endeavor. This thread is meant to be the cliffs notes version. If you reference a pertinent article, please do provide a link, but do not quote more than a line or two from any other article or post.
I'll start: I think FB (is that the right symbol?) closes on Friday in the $38-$39 range after peaking in the mid to upper 40s. Is anyone going long Thursday after market hours? Friday pre-market hours? When will shares be available for shorting?
$500 by August $1000 at end of year. Only fools will pass this up. Bet the farm on this mo-fo and you'll be rich next year.
One could buy / short GS today if they wanted to make a play on FB ahead of schedule. GS increased number of FB shares they are selling
my guess is it opens and closes above $50. a lot of demand for shares from rich people, not that many rich people can be wrong all at once
http://www.nanex.net/aqck/3096.html From twitter (@nanexllc) The linkedln IPO from 1 year ago, for comparison.