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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About heloise8

Meaning of "trough" -- Trough is the bottom of a transverse wave. And generically means a low point or a place to fill. Venus is related to this meaning. Veins are to be filled, and venusian people are loving. The left is more venusian than the right, hence The Trough--where Heloise helps the great and the small. Heloise the politico from Blogcritics.org. Physics preacher, blogger, gardener, beach lover, book lover, writer, author.

Posted on May 17, 2012, in Fiddler On The Roots and tagged . Bookmark the permalink. Leave a comment.

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