Tuesday, May 29, 2012
End of May, Take Profits
FCPO, cash out. Good lucks to those who are still HOPING it can drop further for now. LoL!!!
Saturday, May 26, 2012
Chart of the Week - Facebroke! LoL!
Or should I change my post title to "How to lose 18% in one week" LoL!!!
Thursday, May 24, 2012
Facebook - Facebroke LoL!
Overpriced, Overvalued, Oversold...
guess who made the bucks:
(Reuters)
- Morgan Stanley and other underwriters have made a profit of about
$100 million stabilizing Facebook stock since trading began on Friday,
the Wall Street Journal said, citing people familiar with the matter.
Facebook's listing, envisioned as a crowning moment for an eight-year-old company that has become a business and cultural phenomenon, has instead turned into a legal and public relations fiasco for the company and its lead underwriter, Morgan Stanley.
As a lead underwriter, Morgan Stanley would receive the largest chunk of those profits arising from stabilizing Facebook's stock price, the people told the Journal. These profits come on top of millions of dollars of IPO fees, according to the newspaper.
guess who made the bucks:
Morgan Stanley, others make $100 million profit on Facebook trades: WSJ
Facebook's listing, envisioned as a crowning moment for an eight-year-old company that has become a business and cultural phenomenon, has instead turned into a legal and public relations fiasco for the company and its lead underwriter, Morgan Stanley.
As a lead underwriter, Morgan Stanley would receive the largest chunk of those profits arising from stabilizing Facebook's stock price, the people told the Journal. These profits come on top of millions of dollars of IPO fees, according to the newspaper.
Monday, May 14, 2012
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