4 ms·
The $3B is only what's been reported. Tip of the iceberg. FB is being propped up to lure in "retail" investors. Retail investors == "muppets" == dumb money.
by davvid 14y ago
The $3B is only what's been reported. Tip of the iceberg.
FB is being propped up to lure in "retail" investors. Retail investors == "muppets" == dumb money. If FB stock is so great then Goldman would be holding onto it themselves. Are they doing that? No. They are selling. $38 is their exit point. Anyone who's buying in will be left holding the bag. That is the whole point.