Re:FB down 8% at opening
by jpdoctor on Monday May 21, 2012 @11:08AM
(#4003183)
> Was it not obvious in advance that FB was being priced such that the shares would be either flat, or decrease?
Funny thing: All IPO's are priced by the sellers. If they get it right, all of them should have prices which then stay flat or decrease. It is the buyer's interest for the price to increase, a fact that seems to have been forgotten since the bubble V1.
Maybe now people will again recognize the IPO for what it is: A company begging for money.
Funny thing: All IPO's are priced by the sellers. If they get it right, all of them should have prices which then stay flat or decrease. It is the buyer's interest for the price to increase, a fact that seems to have been forgotten since the bubble V1.
Maybe now people will again recognize the IPO for what it is: A company begging for money.