Facebook (FB): Sowing the Wind, Reaping the Whirlwind
July 01, 2012 at 09:31 AM EDT
Last Thursday, about 24 hours prior to the initial public offering, I posted on what I thought would happen on the opening day. I argued that this was the most pre-priced IPO in history, with transactions in the private share market providing information on what investors would be willing to pay for the stock. That [...]