Author Topic: Facebook - the IPO will change it / getting sued (Read 24279 times)

Mr Anabolic · « **Reply #75 on:** May 22, 2012, 11:11:16 AM »

Down 6.5% as I type this

FB may very well be the IPO stock scam of the decade.

Market cap was $100 billion at $38/share, now it is around $87.5 billion - ouch!

Lame stream media and financial channels should be held responsible for pumping the shit outta this thing.

I hope this POS goes into the single digits.

Take that Hoodieberg.

leadhead · « **Reply #76 on:** May 22, 2012, 12:33:56 PM »

I think most investors are getting a kick out of seeing it crash and burn straight out of its initial offering. Where's Alex23 to comment on it? Didn't he like investing in all tech stocks? Although I doubt he would touch this one with a 10 ft pole. I'd still like to see what his opinion on it is.

El Diablo Blanco · « **Reply #77 on:** May 22, 2012, 12:35:27 PM »

Quote from: leadhead on May 22, 2012, 12:33:56 PM

I think most investors are getting a kick out of seeing it crash and burn straight out of its initial offering. Where's Alex23 to comment on it? Didn't he like investing in all tech stocks? Although I doubt he would touch this one with a 10 ft pole. I'd still like to see what his opinion on it is.

Alex probably made billions on the opening bell selling at $40.

The Abdominal Snoman · « **Reply #78 on:** May 22, 2012, 12:48:30 PM »

Looks like there may be a complete investigation on what happened when it went live to what happened over the weekend when all those people sold off their stock. The under writers manipulated the worth from the get go. Some of these people should be put in prison.

The Abdominal Snoman · « **Reply #79 on:** May 22, 2012, 12:49:21 PM »

This thing had "smash and grab" written all over it. And suckerberg getting married the day after he dumped a boatload of stock is interesting.

El Diablo Blanco · « **Reply #80 on:** May 22, 2012, 01:22:25 PM »

Quote from: The Abdominal Snoman on May 22, 2012, 12:48:30 PM

Looks like there may be a complete investigation on what happened when it went live to what happened over the weekend when all those people sold off their stock. The under writers manipulated the worth from the get go. Some of these people should be put in prison.

Surprised that the biggest wall street crooks was also a mjor investor. Guess who...

GOLDMAN SACHs. They need to be fucking all shot in the head, biggest bunch of fucking crooked jews raping this country.

orion · « **Reply #81 on:** May 22, 2012, 05:56:57 PM »

I'm confused, I thought being a billionaire automatically gauranteed you a supermodel wife. What gives? Is everything I have based my life on a complete lie?

Rudee · « **Reply #82 on:** May 22, 2012, 11:09:20 PM »

The stock will hit the $15 level by the end of the year.

BIG AL MCKECHNIE · « **Reply #83 on:** May 23, 2012, 04:43:59 AM »

Haha,

Imagine suing someone for talking you into doing something only a complete fukin idiot would do.
I'm sueing you for taking agvantage of my greed and stupidity lol

Glancy Binkow & Goldberg LLP Files Class Action Lawsuit On Behalf Of Investors Against Facebook Inc And The Underwriters Of The Company’s Initial Public Offering

Glancy Binkow & Goldberg LLP announced it has filed a class action lawsuit on behalf of investors who suffered losses in connection with the initial public offering (IPO) of Facebook, Inc. In the IPO, Facebook sold more than 420 million shares of Facebook's common stock to the public at a price of $38.00 per share, of which approximately 180 million shares were sold by Facebook and approximately 240 million shares were sold by existing stockholders. The Complaint, captioned Lazar v. Facebook, Inc., et al., was filed in the Superior Court for the State of California, County of San Mateo, on behalf of a class consisting of all persons or entities who purchased the securities of Facebook pursuant and/or traceable to the Registration Statement and Prospectus issued in connection with Facebook's IPO. The Complaint alleges, among others, that the offering materials provided to potential investors were negligently prepared and failed to disclose material information about Facebook’s business, operations and prospects, in violation of federal securities laws. Specifically, the Complaint alleges Facebook, certain of Facebook's executive officers and directors and underwriters of the IPO failed to disclose that during the IPO roadshow, the lead underwriters, including Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC, and Goldman, Sachs & Co., cut their earnings forecasts and that news of the estimate cut was passed on only to a handful of large investor clients, not to the public.

gmflex · « **Reply #84 on:** May 23, 2012, 04:51:48 AM »

I Know a couple of co-workers that picked up shares at $40 a piece...
Thinking it was the next google .. lol..

Ill buying shares when it gets under $15

Hold them for 5 to 10 years and make a killing ..

Just like did with starbuck and google...

DK II · « **Reply #85 on:** May 23, 2012, 04:54:13 AM »

Just like suing Nutella because you are surprised it isn't good for your health.

Tito24 · « **Reply #86 on:** May 23, 2012, 05:04:41 AM »

James28 · « **Reply #87 on:** May 23, 2012, 05:11:30 AM »

240 is Back · « **Reply #88 on:** May 23, 2012, 05:13:55 AM »

Quote from: Tito24 on May 23, 2012, 05:04:41 AM

PhD of peace

Bindare_Dundat · « **Reply #89 on:** May 23, 2012, 05:18:31 AM »

Quote from: gmflex on May 23, 2012, 04:51:48 AM

I Know a couple of co-workers that picked up shares at $40 a piece...
Thinking it was the next google .. lol..

Ill buying shares when it gets under $15

Hold them for 5 to 10 years and make a killing ..

Just like did with starbuck and google...

Facebook will be the next Napster in less then 10 years.

DK II · « **Reply #90 on:** May 23, 2012, 05:24:02 AM »

Quote from: Bindare_Dundat on May 23, 2012, 05:18:31 AM

Facebook will be the next Napster in less then 10 years.

I give it 2 years from now and it will be dead.

240 is Back · « **Reply #91 on:** May 23, 2012, 05:31:24 AM »

whats the next cool social site after facebook?

DK II · « **Reply #92 on:** May 23, 2012, 05:34:23 AM »

Quote from: 240 is Back on May 23, 2012, 05:31:24 AM

whats the next cool social site after facebook?

Social networking is dead, people will get off the internet and start talking to each other, making friends with strangers on the street, exchanging private photos with people they have seen only once in hteir lives on the street and so on.

the next facebook will be in real life.

dj181 · « **Reply #93 on:** May 23, 2012, 05:38:26 AM »

jew vs. jew?

BIG AL MCKECHNIE · « **Reply #94 on:** May 23, 2012, 05:47:01 AM »

Quote from: dj181 on May 23, 2012, 05:38:26 AM

jew vs. jew?

Haha thats the first thing i noticed. Obviously some Jews are miffed they werent given the warning prior to launch.

JasonH · « **Reply #95 on:** May 23, 2012, 05:48:52 AM »

In before "garebear" with an other pro-facebook meltdown.

DK II · « **Reply #96 on:** May 23, 2012, 05:52:16 AM »

Shockwave · « **Reply #97 on:** May 23, 2012, 05:53:45 AM »

Quote from: Tito24 on May 23, 2012, 05:04:41 AM

Lol.

Irongrip400 · « **Reply #98 on:** May 23, 2012, 06:27:39 AM »

Quote from: DK II on May 23, 2012, 05:34:23 AM

Social networking is dead, people will get off the internet and start talking to each other, making friends with strangers on the street, exchanging private photos with people they have seen only once in hteir lives on the street and so on.

the next facebook will be in real life.

Do you watch "The LEague"? There was an episode about that where the dude Taco had his own real life facebook and carried his wall around with him. Hard to explain, but it was pretty funny to watch.

Irongrip400 · « **Reply #99 on:** May 23, 2012, 06:28:34 AM »

Quote from: Tito24 on May 23, 2012, 05:04:41 AM

I wonder if it was this chicks birthday or bachelorette party? If it was the latter, I feel bad for the schmuck/simp she's marrying.