Facebook price offering $38/share

those who bought early paid about that much or maybe a little less.  They were thinking that the price would be closer to 100 out of the gate.  I saw 48 being bout fair sans hype.  That would not be a bad price if you can get it.

My advice set a limit order and don’t pay over 50-55 then wait if you dont’ get a bite wait a few months down the road until the hype dust settles.

 

http://www.reuters.com/article/2012/05/17/us-facebook-idUSBRE84G14Q20120517

(Reuters) – Facebook Inc priced its initial public offering at $38 per share, valuing the world’s largest social network at more than $100 billion.

At that price, the offering would raise as much as $18.4 billion for the company and existing shareholders.

 

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