Facebook IPO
Facebook IPO
Out of context: Reply #127
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They can scream, yell and sue all they want. It does not matter. If a company was controlled by public opinion, it would quickly fail.
Shareholders are essentially suing because they expected to make boat load of money off the IPO pop. They didnt get it. They are looking for excuse to make that money. Morgan Stanley did their job of valuing company to its fullest by giving $38 per share to Facebook.
Not sure if you guys understand how IPO works.
- And do you understand that shareholders buy shares to make money? "Looking for an excuse..."?Josev