facebook ipo - opinions - play by play - keep it brief

What percent of the entire treasury stock are they dumping on the markets? Usually they only put out 10% or less of total shares just to get people to fight and pump the price up so that the insiders could dump later.
 
here's my play by play.

limit open order at 39

if that order doesn't hit (likely to be the case), buy in at 42 (assuming of course, it doesn't open high) if there's upwards momentum.

above 42, not going to touch it.

doubt there will be shortable shares today, but that would be another play because it will sell off in the afternoon with the rest of the market before the larger dip on monday
 
Quote from noob_trad3r:

What percent of the entire treasury stock are they dumping on the markets? Usually they only put out 10% or less of total shares just to get people to fight and pump the price up so that the insiders could dump later.

its a relatively big float compared to Z/P/LNKD/YELP...
 
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