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You've probably made up your mind already about whether you're going to buy Facebook (FB) when...
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Thursday, May 17, 2012, 7:50 PM ETYou've probably made up your mind already about whether you're going to buy Facebook (FB) when it debuts. More than likely, you're buying - at any price, too. However, before you place your order it's important to remember the risks involved. None of them are news to you, I'm sure, but that doesn't mean you shouldn't reconsider them nonetheless. All Things D lists the 10 most important here.
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This news story has 10 comments:
I would not buy facebook at the price it was offered at.
NO WAY!
i'd 'trade' it around $35/$45 & loook for the pop, but a little ain't prob. gonna be able to buy @ those #'s tomorrow.
the insiders will make a KILLING!
Buy the shares?
Buying shares means I would have to sell the stock of companies I own that have real assets, pay big dividends and have the ability to exponentially expand their market cap in the future.
I'm good thanks.
"Some of earliest backers of Facebook are planning to sell an additional shares of $3bn in today’s initial public offering, as they take advantage of a wave of public interest in the social network group’s flotation.
Such move will increase the number of shares on offer by 25%, with proceeds flowing to existing investors including Goldman Sachs, Tiger Global Management as well as Accel Partners.
Demand of the investor has been stoked by a cross-country US roadshow over the past two weeks, allowing Facebook to increase the size of its offering from $12bn to as much as $18bn. However, Facebook goes on rankling some large institutional investors who are worried that the IPO’s rising price from $34 to $38 and heavy insider selling could make the shares of the company more volatile after their market debut."
http://bit.ly/JkBHIe
GET THEM TO "THE STREET" ON TIME!
Good luck l&Ms
And that something was to have done nothing at all. Without "strong" demand, the insiders would have to settle between themselves the worthless paper they were going to sell to the lemmings.