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.
(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.