4 ms·

Facebook's Roadshow to Start Monday; IPO Set for May 18

55 points by rottencupcakes 14y ago

tatsuke95 14y ago
In case there are people here who don't use WSJ often, you can Google the headline to get around the paywall.
theunixbeard 14y ago
So who's buying and who's shorting?
- daeken 14y ago
  Is anyone going to short this? With an IPO of this size, that sounds like the beginning of a story that ends with "and then, in shame, he jumped from his 15th story window." No matter what you think of its long-term performance potential, I can't understand how anyone would bet against Facebook in the first few weeks.
  - CyrusL 14y ago
    It won't be realistic to short FB in the first few weeks. Shorting is dependent on someone lending you shares, and that will cost some absurd fees in the immediate future.
    - bdonlan 14y ago
      There's always the futures market.
      - gojomo 14y ago
        I think it takes a little while for that to get started on a new issue, also... doesn't it? Update: Per this article, the option market will start 6 days after the Facebook IPO: http://online.barrons.com/article/SB50001424052748703964504577193180256297296.html http://online.barrons.com/article/SB500014240527487039645045... (From some long-ago memory about other IPOs, I had thought it would be weeks or even a few months.)
  - wilfra 14y ago
    "I can't understand how anyone would bet against Facebook in the first few weeks." Shorting the other recent internet IPO's (LinkedIn, Pandora, Groupon and Zynga) would have resulted in a profit in each instance. I did a blog post on this because the screenshots illustrate this point far better than words: http://franceschine.com/post/22247672839/the-case-for-shorting-facebooks-ipo http://franceschine.com/post/22247672839/the-case-for-shorti...
- deleted 14y ago
  [deleted]
saadmalik01 14y ago
Full piece here: http://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&ved=0CCQQFjAA&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702303916904577378513347190148.html&ei=c3igT8LCIoHmggfCw-SODg&usg=AFQjCNHVTmSdWRVhl4x86vqVYf6J5SHoMw&sig2=GC5TglrnwkjaOtQThTbeoQ http://www.google.com/url?sa=t&rct=j&q=&esrc=s&#...
- jamescun 14y ago
  Thank you
sown 14y ago
I wish I was smart enough to have worked there. :(
snow_mac 14y ago
Any idea on the price? I could buy at opening bell and be rich by noon!
rms 14y ago
Anyone know what the minimum purchase quantity is?
- dsl 14y ago
  1 share. Sharebuilder or your broker might have plans to allow you to buy less than one share.
  - deleted 14y ago
    [deleted]

tatsuke95 14y ago

In case there are people here who don't use WSJ often, you can Google the headline to get around the paywall.

theunixbeard 14y ago

So who's buying and who's shorting?

daeken 14y ago
Is anyone going to short this? With an IPO of this size, that sounds like the beginning of a story that ends with "and then, in shame, he jumped from his 15th story window." No matter what you think of its long-term performance potential, I can't understand how anyone would bet against Facebook in the first few weeks.
- CyrusL 14y ago
  It won't be realistic to short FB in the first few weeks. Shorting is dependent on someone lending you shares, and that will cost some absurd fees in the immediate future.
  - bdonlan 14y ago
    There's always the futures market.
    - gojomo 14y ago
      I think it takes a little while for that to get started on a new issue, also... doesn't it? Update: Per this article, the option market will start 6 days after the Facebook IPO: http://online.barrons.com/article/SB50001424052748703964504577193180256297296.html http://online.barrons.com/article/SB500014240527487039645045... (From some long-ago memory about other IPOs, I had thought it would be weeks or even a few months.)
- wilfra 14y ago
  "I can't understand how anyone would bet against Facebook in the first few weeks." Shorting the other recent internet IPO's (LinkedIn, Pandora, Groupon and Zynga) would have resulted in a profit in each instance. I did a blog post on this because the screenshots illustrate this point far better than words: http://franceschine.com/post/22247672839/the-case-for-shorting-facebooks-ipo http://franceschine.com/post/22247672839/the-case-for-shorti...
deleted 14y ago
[deleted]

saadmalik01 14y ago

Full piece here: http://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&ved=0CCQQFjAA&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702303916904577378513347190148.html&ei=c3igT8LCIoHmggfCw-SODg&usg=AFQjCNHVTmSdWRVhl4x86vqVYf6J5SHoMw&sig2=GC5TglrnwkjaOtQThTbeoQ http://www.google.com/url?sa=t&rct=j&q=&esrc=s&#...

jamescun 14y ago
Thank you

sown 14y ago

I wish I was smart enough to have worked there. :(

snow_mac 14y ago

Any idea on the price? I could buy at opening bell and be rich by noon!

rms 14y ago

Anyone know what the minimum purchase quantity is?

dsl 14y ago
1 share. Sharebuilder or your broker might have plans to allow you to buy less than one share.
- deleted 14y ago
  [deleted]