Facebook IPO

I came here looking for a Facebook IPO thread

my question was about the size of the secondmarket participants

they are ALL trying to flip shares on IPO day, and I need to know if they'll be bigger selling pressure than the real interest in facebook

in the past was there such an active and accessible way to exchange shares of private companies? I'm going to say no. and I don't think till now that there has been a company that has gained so much interest coupled with the possibility of exchanging private shares.


so now we have all these people (accredited investors with largish positions) that aren't banks and don't have incentive to support the bid at IPO, nor do they get warrants

and they are all going to sell into the liquidity event. so much for the IPO pop
 
One way to play FaceBook before (and after) they release the shares to the public is through SOCL the social ETF. The blue dot was when Facebook announced the IPO on Feb 2, 2012.

My guess is that it would be a good time to buy SOCL, I think FaceBook is the next Google.

http://finance.yahoo.com/q?s=SOCL

Screenshot.png

Entire chart of SOCL since day one
 
SOCL is comprised of mostly Chinese social networks, I don't think its really a good way to get revelant social networking exposure. That ETF is a gimmick.

Google and Linkedin are the only US social components on that list, and only linkedin is majority social exposure

It is not likely that the fund will have facebook shares at inception

http://www.globalxfunds.com/Fact_Sheet/Fund143.pdf


message to everyone: read the prospectus before jumping on gimmicks
 
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