My Grandma bought Facebook at 42
- Thread starter ChkitOut
- Start date
Grazing at the Golden Corral... A fine American dining experience.
this help you out...........
face plant
RIP.
s
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Facebook made it clear that the company believed it was different from other companies. It could straightfacedly value itself at $104bn even though it had just $3.7bn in revenues, for instance. It angled for the title of the "the People's IPO" and promised that one-fourth of the shares sold would go to regular mom-and-pop investors â even though the putative "people" would be buying overpriced shares from insiders eager to cash out.
JP Morgan, one of the bank's underwriters, added to the hype by slapping Facebook logos all over its headquarters like a school girl doodling the class hunk's name into a notebook.
There was incompetence:
Nasdaq, the company's chosen exchange, froze up and delayed the IPO three times in the space of an hour because it couldn't handle the volume of orders from investors â a good number of whom appeared to be rushing for the exits to sell the stock.
And finally, there may have been something in violation of securities laws. The most respected publications in the US reported that Facebook's chief financial officer tipped off research analysts at the company's three biggest banks that its upcoming financial results would be lower than expected.
The analysts then took the incredibly rare move of tipping off large investors to the specific negative impact this would have on Facebook's stock. Small investors had to resort to reading less educational entrails: a vague blurb in the latest regulatory filing about Facebook's trouble breaking into the mobile market.
Follow Heidi Moore on Twitter @moorehn
JP Morgan, one of the bank's underwriters, added to the hype by slapping Facebook logos all over its headquarters like a school girl doodling the class hunk's name into a notebook.
There was incompetence:
Nasdaq, the company's chosen exchange, froze up and delayed the IPO three times in the space of an hour because it couldn't handle the volume of orders from investors â a good number of whom appeared to be rushing for the exits to sell the stock.
And finally, there may have been something in violation of securities laws. The most respected publications in the US reported that Facebook's chief financial officer tipped off research analysts at the company's three biggest banks that its upcoming financial results would be lower than expected.
The analysts then took the incredibly rare move of tipping off large investors to the specific negative impact this would have on Facebook's stock. Small investors had to resort to reading less educational entrails: a vague blurb in the latest regulatory filing about Facebook's trouble breaking into the mobile market.
Follow Heidi Moore on Twitter @moorehn
while grandma loses her life savings, this is what zuckerburg and wifey are up to over the weekend.
i'm not telling her though as not to upset her further.
Mark Zuckerberg and Priscilla Chan paid a visit to the Sistine Chapel in Vatican City over the weekend ... where they gazed at one of the most famous works of art in the history of the world -- The Creation of Adam, courtesy of Michelangelo.
i'm not telling her though as not to upset her further.
Mark Zuckerberg and Priscilla Chan paid a visit to the Sistine Chapel in Vatican City over the weekend ... where they gazed at one of the most famous works of art in the history of the world -- The Creation of Adam, courtesy of Michelangelo.
Quote from ChkitOut:
while grandma loses her life savings, this is what zuckerburg and wifey are up to over the weekend.
i'm not telling her though as not to upset her further.
Mark Zuckerberg and Priscilla Chan paid a visit to the Sistine Chapel in Vatican City over the weekend ... where they gazed at one of the most famous works of art in the history of the world -- The Creation of Adam, courtesy of Michelangelo.
I see she is pregnant.