Awwww shit. It's on now..... Interactive Brokers Bulletin Board STOCK NOW SHORTABLE Dear Trader, You are receiving this notice as one or more of your recent short sale orders, which we were prohibited from being routed for execution due to the locate requirement, are now eligible to be routed. This locate requirement, part of SEC Regulation SHO, requires the broker to locate securities to borrow prior to executing a short sale order and since we have now located shares, your orders are eligible to be submitted. This will be done automatically if the orders have not already been canceled by you or a time in force condition. If the orders have been canceled, you may resubmit them within the next minute. Stock Symbol Exchange CostToBorrow FACEBOOK INC-A FB NASDAQ -- The rates shown are the indicative additional costs to borrow these securities above the normal borrow rates. The effective cost to borrow will be determined at the time the borrow is actually established. Please note that the above stocks are generally deemed hard to borrow and may not be shortable again in the future. Additionally, certain borrowed positions have a higher likelihood of being recalled by the lender. In the event of a recall you may be required to repurchase positions on short notice or, if the lender initiates the repurchase, IB may pass on the transaction costs to you. Interactive Brokers Customer Service
FB's Price is Down, down, down - yes. BUT, Volume is falling, falling (not rising) - which is less Bearish. A soft landing at 30 perhaps, which some consider a fairer price?
Time for congress to step in and start regulating social media. How about an STT - Social Transaction Tax. You post...you pay.
why is everybody hating on facebook. its not their fault morgan stanley thought it would be a good idea to price it at the absolute top. but having said that, isnt that what morgan is supposed to do? that is what they are hired to do, get as much money as possible for facebook, thats the whole point of coming to the public markets. duh. i just think most people are dumb.
Here come the headlines. "You have lost face, Facebook" "In your face, Facebook" "Face the facts, Facebook" "What a facial"