Facebook IPO
Facebook IPO
Out of context: Reply #66
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- monospaced0
^ Makes sense though. Everyone and their mama is familiar with Facebook, and as we all know, most people are totally unfamiliar with market trading. If Joe-schmo public could just hop onto the IPO today there would be massive movement and as soon as it started to fall people would flip out and sell. And if everyone and their mama was buying/selling there would be tons of people losing their money completely because they probably shouldn't have been jumping in in the first place, and only a few would be smart/quick enough to make a good decision either way. It's much safer to let the offering stabilize with seasoned investors even if they're the profitting or not, before the average (uninformed) public messes the whole fucking thing up.
- hahahahhaaBAABABAhah...cbass99
- Just let the geniuses on Wall Street run the market. Oh wait...utopian
- you missed my point, utopianmonospaced