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Re: With an hour to go...

By: Decomposed in ROUND | Recommend this post (0)
Fri, 18 May 12 11:58 PM | 100 view(s)
Boardmark this board | De's Test Board

Msg. 41223 of 45651
(This msg. is a reply to 41219 by Decomposed)
Jump:

re: "It's looking more and more like it will close just above the IPO price of $38."

I wish I'd used that as the basis for my prediction!

With a minute to go, FB is hovering mere pennies above its $38 IP price.

And I've read repeatedly that the underwriters will not let it close beneath that point.

But look for FB to crash on Monday. Down several dollars at least. Today's behavior does *NOT* bode well for it.

Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months

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The above is a reply to the following message:

With an hour to go... By: Decomposed in ROUND Fri, 18 May 12 11:00 PM	Msg. 41219 of 45651
Facebook is struggling to remain above $39.00 - and there's an hour to go. It's looking more and more like it will close just above the IPO price of $38. My prediction (on another forum) was for $40.08, but I've got no confidence. FB is looking shaping up to be a $100 billion dud.

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