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Friday, May 18, 2012

Facebook (FB) will enter the market at 11 Eastern Time

Its official, Facebook (FB) will begin to trade at 11 Eastern time...

JFT Strategic Fund (JFS.UN) had started the session and is now at $9.80 per unit. There's no loan value for my margin associated with JFS.UN at this point.

Exciting day, isn't?

3 comments:

  1. FB opening market at 42.05
    Barrons & Associated press announce an expected leap to 45.00 a share!! WOWEE!! Singing the O'Jays: "People all over the world (everybody)
    Join hands Start a love train, love train
    People all over the world (all the world, now)
    Join hands (love ride)
    Start a love train (love ride), love train
    The next stop that we make will be soon
    Tell all the folks in Russia, and China, too
    Don't you know that it's time to get on board
    And let this train keep on riding, riding on through.."
    FB flapping its wings like crazy trying to make a high of $41.73
    Worried institutional players (ie. underwriters) rig the market through automated buy orders to artificially give a floor at $38.00
    FB barely above the floor going for the close.
    Now singing Three Dog Night: "Mama told me not to come
    Mama told me not to come
    She said, that ain't the way to have fun, son
    That ain't the way to have fun, son" . Anony-music-seventies

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  2. so what did it do , i cannot find any results..how did you do on the first day and did you get in on facebook...i think it shows that people are keeping lots of cash on hand.

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  3. you could have bought at ipo price 38. let's say on monday if this price will hold or lower...

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