4 ms·
No doubt. This is a huge win for Facebook, as the article sort of mentions. There's no money left on the table, Facebook got full value for their stock.
by newbie12 14y ago
No doubt. This is a huge win for Facebook, as the article sort of mentions. There's no money left on the table, Facebook got full value for their stock.
- larrys 14y agoShort term yes. But it's a little like a concert that is able to extract the maximum amount of seat sales revenue but has a bunch of non-filled seats which don't look to good for people attending and writing about the concert. Or a half empty restaurant on Saturday night. The story is that the price had to be supported. I'm not sure that is the message that will be good long-er term with a thing that is sold on psychology as opposed to fundamentals. After all there is no way people getting in on the IPO bought the stock at $38 thinking it wasn't going to go up the same day.