Seeking Alpha

desertlizzy

desertlizzy
Send Message
View as an RSS Feed
Latest  |  Highest rated
  • After falling all the way to its IPO price of $38, Facebook (FB +8.9%) has bounced, and is now trading at $41.37. That's helped the NASDAQ, down ~1% at one point, head back towards breakeven. Zero Hedge notes over 30M shares traded at $38. "That's some serious underwriter buying," it quips.  [View news story]
    @dsr70 -

    Maybe Yes or No. The economy being what it is, would be nice to
    make a little in the stock market. At this point, I don't trust IPO's, since being burnt a few times this last year (social stocks) and so goes the general public, since FB disappointed. Whether the true meaning & purpose of IPO needs to be reeled in & rewound into reality or not. It was a lotta hype for nothing. FB should've stuck to the original starting price. It gave a bad after-the-fact taste to all investors... and the newbies who are our future.
    Jun 12, 2012. 05:51 PM | Likes Like |Link to Comment
  • After falling all the way to its IPO price of $38, Facebook (FB +8.9%) has bounced, and is now trading at $41.37. That's helped the NASDAQ, down ~1% at one point, head back towards breakeven. Zero Hedge notes over 30M shares traded at $38. "That's some serious underwriter buying," it quips.  [View news story]
    Disappointed in FB's debut, hardly any positive moves, I was like In &Out Burger. No Gains, No Losses. Will watch the future of this Book!
    May 18, 2012. 01:21 PM | Likes Like |Link to Comment
  • While gasoline prices are percolating in the States, they haven't approached the $4.11 peak of July 2008 (granted, we haven't hit high summer demand yet). The same can't be said for Europe, where prices at the pump have taken out the record levels from that summer.  [View news story]
    Here's my comment! West Coast Gas pumps are $4.35 - $4.45/gal. Does not reflect in the USA avg. quoted.
    Mar 14, 2012. 03:02 PM | 1 Like Like |Link to Comment
  • The American Dream of owning a home on a 30-year mortgage and building up equity over the years is dead, Walter Mead writes - and so is an upwardly mobile lifestyle based on permanent debt. "Americans are going to have to save more and consume less, and the returns on home ownership are likely to stay low."  [View news story]
    What a cynical thought. Makes me think to salvage everything I have acquired as best can in this economy. Doing over is/was not in the script. Thanks to America's help through investing (in the Dream) with the Banks who led us all to believe they are conservative financial strongholds that we the people can depend on for loans. Ha ha!
    Jun 2, 2011. 09:38 PM | 1 Like Like |Link to Comment
COMMENTS STATS
4 Comments
2 Likes