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First Data Plunges Below Lowered IPO Price
After IPO'ing at $16 - well below the $18-20 expected range - FDC has tumbled back from $16.41 highs (after opening at $16.31) on heavy volume to below its IPO price...
The question now is - where do the under writers defend it? $15.75 seems like the first line of defense.
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Burn it down
Red or green?
And all the venture capital guys say "fuck you, pay me!"
When will hard working people wake up and start taking some fucking heads!!!!
Nothing changes otherwise.
VC's are the next step down from whale shit.....
The federal Reserve member banks can purchase these shares with unlimited printed money.
Fed will print until the dollar free-falls and keeps dropping. Then they panic.
idiots on parade. check out these hussein-loving-lemmings who let a hip hop creature handle their 'money' http://www.wsbtv.com/news/news/local/thousands-affected-rushcard-glitch/...
Hmmm,
Low FICO necessitates use of pre-paid debit.
Who's paying for that smartphone?
At least the RushCard founder is of the same persuasion should the glitch remain.
Think the anger will be directed appropriately?
Quick! Stock buybacks to manipulate the price!! Someone call Goldman and fire up the HFTs.
May have to buy some.
First Data Corporation is a global payment technology solutions company headquartered in Atlanta, Georgia, United States. The company's STAR interbank network offers PIN-secured debit acceptance at ATM and retail locations.
Seriously....ATM's? Those need money which no one has except the uber wealthy.