Fadebook Opens For Trading At $42.05 As Europe Closes

Tyler Durden's picture

From the $38 IPO price, we open at $42.05 (now at $40.1) but we note that in Germany it has tumbled from well over EUR90 earlier. We get the sense the media is disappointed, but of course they will be talking longer-term now and defending a weaker-than-expected open: CNBC: "I just want to make sure we don't whip ourselves into a frenzy on the short term value." - perhaps a little late for that eh?


and 5 mins later...defending $40 like crazy...

close-up - shows the algo-defense...

$38 Handle...

Germany's pre-US-open pricing...

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
BorisSDT's picture

Facebook is the worst investment of the century.  I can't wait to buy puts.  Full analysis: http://www.singledudetravel.com/2012/05/why-facebook-isnt-worth-100-billion-or-anything-close-to-it/

nope-1004's picture

I'm waiting for JPM's 3X Facebook ETF - bullish.


ihedgemyhedges's picture

The short side, right?????????????

MillionDollarBonus_'s picture

This has been an exciting morning for young, trendy and upcoming investors. It's just too bad that doomer libertarians had to kill the buzz. Libertarians are just lame. Like a cynical old man who calls the police on a house party for being too loud, libertarians always have to spoil the fun.

Temporis's picture

Looks like you will be telling your grandkids that the only thing you will be leaving them is debt.


nope-1004's picture

Reality sucks MDB.  Benocide gets depressed from it too.  You're not alone in your delusion.

 HERE comes the waterfall.... $39.17 and falling.

AlaricBalth's picture


Couldn't hold 40.


Couldn't hold 39 either.

nope-1004's picture

Won't hold 38....... $38.01

redpill's picture

And now Zynga stock is halted. Now awaiting their new release, the sequel to Words with Friends that will be called Day Trading with Enemies. Get it in the app store today!

DeadFred's picture

Check out the bid/ask sizes at 38.00 38.01. Unreal. I wonder what happens if that wall is breached?

Don Smith's picture

Aaannndddd.... SCENE.  FB now even on the day.  Oh, wait a minute...

clones2's picture

Get the CIRCUIT BREAKERS ready!!!!  Down over 10% in 20 minutes

Dr. Richard Head's picture

At least they are advertising the symbol appropriatly as

Facebook Inc. Cl A


I assume that is Facebook Inc. C.I.A?  Haaa

AlaricBalth's picture

Fighting to hold 38. MS and GS trading floors frantic.


Hedgetard55's picture

Agreed. Bunch of old geezers looking to rain on the younger generations parade by selling what they should be buying.

tocointhephrase's picture

CME Group are fucking lame dude, lets point the finger in the right direction!

AlaricBalth's picture

MDB. Did you forget to take your librium today?

crawldaddy's picture

more like wise grandparents telling their grandkids, " you know that yellow snow isnt what you think it is, and if you eat it, you arent going to like it"

Whoa Dammit's picture

In real life, MDB heads up investments for CALPERS.      ;-).

Ruffcut's picture

Orders are not being filled

What a clusterfuck


Spitzer's picture

Its  DisgraceBook for a reason

Zymurguy's picture

MDB, you' couldn't be more wrong about Libertarians.


MDB, I hope you waded into the deep end of the Face Plant drowning pool with all your powder on the line to back your eloquent emotional support for the cock Zuckerburgs of the world. Paper, meet fire, the new player in Rock Paper Scissors.  ROFLMFAOL !!!!!

sushi's picture


Everybody hitting the unlike button

EscapeKey's picture

They removed the "unlike" button, just as the "sell" button will be removed any day now from your online broker.

Dr. Richard Head's picture

Some terminals are only allowing two options - Buy and Buy More. 

Fuck, I think I will drink my lunch.

jus_lite_reading's picture

Happy ponzi Farcebook suckers!!

Farcebook would like to thank the suckers who bought the snake oil hype at $45... you made a bunch of people rich. Thank you for your contribution!


Anyone still wanna play the ponzi stock market?? Nope, I didn't think so!!


RmcAZ's picture

FB technical chart analysis shows the flaccid penis formation

Freddie's picture

I love Facebook and you haters can go to hell!

Freddie's picture

I was only joking you arseh*les.  Come on an junk me!

Looks like The Ben Bernank and the JP Morgue with the vampire squid are trying to hold $40.

IMA5U's picture

wall street puts a big LIKE on facebook fade

Trimmed Hedge's picture

Where's the effin' pop?!?

Long-John-Silver's picture

That POP you hear is not from expansion, it's from implosion.  

LarryDavis's picture

This one ain't makin' it. You can bet the fucking farm.

dark pools of soros's picture

You can gamble now in Farmville??  Bullish!!