Re: facebook IPO 18th May Predictions Quote:
Originally Posted by Arbu I always think alarm bells should ring when it looks too easy. |
Certainly felt like it was free money
I reckon there is big money crying it's eyes out. Will they be able to halt the rot?
It's all a game to the big boys. I also believe as it not their money they can be as free and lazy with it as they like.
However, I'm now looking at the value of other high tech similar stocks and wondering is Google, Amazon and eBay really worth that much? Facebook’s Sale
At least 13 IPOs have been withdrawn or postponed globally since Facebook’s May 17 offering, slowing a market for deals that’s struggled to keep momentum as U.S. stock values have failed to recover to levels before the financial crisis. There have been 192 IPOs globally since the beginning of April, putting this quarter on pace to be the slowest since 177 initial offers were completed in the three months through September 2009, Bloomberg data show.
Facebook completed the biggest technology IPO on record just as offerings were drying up, and has since lost more than $20 billion in market value. No other companies have completed or set pricing terms for U.S. IPOs since the Menlo Park, California-based social-networking company raised $16 billion.
I could be wrong too
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Last edited by Atilla; May 31, 2012 at 5:27pm.
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