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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...

 

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Fri, 05/18/2012 - 11:33 | 2440065 BorisSDT
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/

Fri, 05/18/2012 - 11:35 | 2440076 AlaricBalth
AlaricBalth's picture

41.50...41.00...40.62

Fri, 05/18/2012 - 11:36 | 2440095 nope-1004
nope-1004's picture

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

 

Fri, 05/18/2012 - 11:36 | 2440105 ihedgemyhedges
ihedgemyhedges's picture

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

Fri, 05/18/2012 - 11:40 | 2440124 MillionDollarBonus_
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.

Fri, 05/18/2012 - 11:40 | 2440139 Temporis
Temporis's picture

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

 

Fri, 05/18/2012 - 11:46 | 2440158 nope-1004
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.

Fri, 05/18/2012 - 11:49 | 2440205 AlaricBalth
AlaricBalth's picture

39.14...

Couldn't hold 40.

38.74...

Couldn't hold 39 either.

Fri, 05/18/2012 - 11:50 | 2440242 nope-1004
nope-1004's picture

Won't hold 38....... $38.01

Fri, 05/18/2012 - 11:52 | 2440257 SpeakerFTD
SpeakerFTD's picture

What a shitshow.

Fri, 05/18/2012 - 11:53 | 2440264 redpill
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!

Fri, 05/18/2012 - 11:56 | 2440287 DeadFred
DeadFred's picture

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

Fri, 05/18/2012 - 11:51 | 2440245 Don Smith
Don Smith's picture

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

Fri, 05/18/2012 - 11:52 | 2440253 clones2
clones2's picture

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

Fri, 05/18/2012 - 11:53 | 2440269 Dr. Richard Head
Dr. Richard Head's picture

At least they are advertising the symbol appropriatly as

Facebook Inc. Cl A

http://www.marketwatch.com/investing/stock/FB

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

Fri, 05/18/2012 - 11:53 | 2440267 AlaricBalth
AlaricBalth's picture

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

 

Fri, 05/18/2012 - 11:40 | 2440140 Hedgetard55
Hedgetard55's picture

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

Fri, 05/18/2012 - 11:40 | 2440145 nope-1004
nope-1004's picture

lol

 

Fri, 05/18/2012 - 11:43 | 2440169 tocointhephrase
tocointhephrase's picture

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

Fri, 05/18/2012 - 11:43 | 2440170 AlaricBalth
AlaricBalth's picture

MDB. Did you forget to take your librium today?

Fri, 05/18/2012 - 11:44 | 2440178 crawldaddy
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"

Fri, 05/18/2012 - 11:46 | 2440187 Whoa Dammit
Whoa Dammit's picture

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

Fri, 05/18/2012 - 11:47 | 2440209 malikai
malikai's picture

7/10 Much better. Keep it up.

Fri, 05/18/2012 - 11:50 | 2440225 junkyardjack
junkyardjack's picture

Looks like Facebook is about to go BATS....

 

http://www.youtube.com/watch?v=zgzGlBlYo-w

Fri, 05/18/2012 - 11:54 | 2440271 Ruffcut
Ruffcut's picture

Orders are not being filled

What a clusterfuck

 

Fri, 05/18/2012 - 11:55 | 2440286 Spitzer
Spitzer's picture

Its  DisgraceBook for a reason

Fri, 05/18/2012 - 12:26 | 2440544 Zymurguy
Zymurguy's picture

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

Fri, 05/18/2012 - 13:44 | 2440856 SILVERGEDDON
SILVERGEDDON's picture

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 !!!!!

Fri, 05/18/2012 - 11:37 | 2440118 Yikes
Yikes's picture

$40.07....40.05

Fri, 05/18/2012 - 11:37 | 2440119 sushi
sushi's picture

40.06

Everybody hitting the unlike button

Fri, 05/18/2012 - 11:39 | 2440136 EscapeKey
EscapeKey's picture

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

Fri, 05/18/2012 - 11:45 | 2440189 Dr. Richard Head
Dr. Richard Head's picture

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

Fuck, I think I will drink my lunch.

Fri, 05/18/2012 - 12:03 | 2440362 EscapeKey
EscapeKey's picture

See you down the pub!

Fri, 05/18/2012 - 11:47 | 2440212 ihedgemyhedges
ihedgemyhedges's picture

Algo fail: $39.01

Fri, 05/18/2012 - 12:23 | 2440523 jus_lite_reading
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!

LMAO!!

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

GAME OVER

Fri, 05/18/2012 - 11:37 | 2440114 RmcAZ
RmcAZ's picture

FB technical chart analysis shows the flaccid penis formation

Fri, 05/18/2012 - 11:39 | 2440135 Freddie
Freddie's picture

I love Facebook and you haters can go to hell!

Fri, 05/18/2012 - 11:48 | 2440216 Freddie
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.

Fri, 05/18/2012 - 11:47 | 2440203 IMA5U
IMA5U's picture

wall street puts a big LIKE on facebook fade

Fri, 05/18/2012 - 11:57 | 2440311 thomas pain
thomas pain's picture

.....and it's gone

Fri, 05/18/2012 - 11:33 | 2440069 RmcAZ
RmcAZ's picture

Facebuck

Fri, 05/18/2012 - 11:47 | 2440207 monkeyboy
monkeyboy's picture

Fadebuck

Fri, 05/18/2012 - 11:54 | 2440272 WhyDoesItHurtWh...
WhyDoesItHurtWhen iPee's picture

  Facehook

Fri, 05/18/2012 - 11:56 | 2440290 Spitzer
Spitzer's picture

DisgraceBook

Fri, 05/18/2012 - 11:58 | 2440319 Magnix
Magnix's picture

Facedown

Fri, 05/18/2012 - 16:00 | 2441605 Best Satan in Town
Best Satan in Town's picture

Phasebook, it's just a phase.

Fri, 05/18/2012 - 11:33 | 2440071 Trimmed Hedge
Trimmed Hedge's picture

Where's the effin' pop?!?

Fri, 05/18/2012 - 11:40 | 2440147 Long-John-Silver
Long-John-Silver's picture

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

Fri, 05/18/2012 - 11:33 | 2440072 LarryDavis
LarryDavis's picture

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

Fri, 05/18/2012 - 11:51 | 2440248 dark pools of soros
dark pools of soros's picture

You can gamble now in Farmville??  Bullish!!

Fri, 05/18/2012 - 11:33 | 2440073 Benedict Farse
Benedict Farse's picture

FarceBook

Fri, 05/18/2012 - 11:36 | 2440108 tocointhephrase
tocointhephrase's picture

Total! Keep ramping it CNBC you scum bags!

Fri, 05/18/2012 - 13:03 | 2440712 Pitchman
Pitchman's picture

I have a couple more investments for our Tapeworm Economy.

 
World's Prison Capital is Also #1 in For-Profit Prisons

WAR PIGS: Carlyle Group's Lopsided IPO That No One Cares About

The Carlyle Rot - Another Thumbs Down For The IPO

Both the Facebook and Carlyle Groups IPO’s were totally tilted in the issuers favor.  They are indicative of the times (the house always wins) and a pending top.

 

When the public demands the bag, It’s not a bad idea to give it to them.

 

For an inside look at how the Tapeworm economy works see: The Looting of America: Happy Labor Day

Fri, 05/18/2012 - 11:33 | 2440074 Dr. Engali
Dr. Engali's picture

There is going to be a lot of disappointed share holders. Maybe the Fed needs to offer a little support.

Fri, 05/18/2012 - 11:54 | 2440279 Taterboy
Taterboy's picture

Tonight's Facebook posts:

"Bought at $45"

"Sold at $38"

"Wife left me"

"Changed Facebook profile to "separated-divorce pending"

Fri, 05/18/2012 - 11:33 | 2440075 bdc63
bdc63's picture

what's that big thud I just heard?

Fri, 05/18/2012 - 11:37 | 2440113 SilverIsKing
SilverIsKing's picture

FacePlant

Fri, 05/18/2012 - 11:57 | 2440181 tocointhephrase
tocointhephrase's picture

ZNGA JUST GOT FACEFUKed

Fri, 05/18/2012 - 12:08 | 2440405 RopeADope
RopeADope's picture

Funny how those damn industry ETFs change market dynamics. Need to rotate money out of small market cap stocks to buy mammoth market cap stock.

 

 

Fri, 05/18/2012 - 11:33 | 2440078 digalert
digalert's picture

Attention FB bagholders: sell sell sell

Fri, 05/18/2012 - 11:36 | 2440079 l1b3rty
l1b3rty's picture

Anything supported and backed by the Central Intelligence and Military Industrial Complex is gonna get a stir about it! We all can know, of course, that the United States bought the former director of the Stasi out of East Germany so that he might help Zuckerberg in his Military Information Complex seeking full spectrum dominance.  I'd rather be hiding silver bullion than being out in the open with facebook.

http://silvervigilante.com

Fri, 05/18/2012 - 11:34 | 2440081 RaymondKHessel
RaymondKHessel's picture

I just unliked CNBS

Fri, 05/18/2012 - 11:34 | 2440085 Normalcy Bias
Normalcy Bias's picture

Look out below!

Fri, 05/18/2012 - 11:34 | 2440086 Pairadimes
Pairadimes's picture

Facepalm.

Fri, 05/18/2012 - 11:34 | 2440087 Debtless
Debtless's picture

Looks like I might get in at my stinkbid of $4.

Fri, 05/18/2012 - 11:35 | 2440089 stant
stant's picture

slap your facebook

Fri, 05/18/2012 - 11:35 | 2440091 Cursive
Cursive's picture

FACEPALM

Fri, 05/18/2012 - 11:35 | 2440092 rodocostarica
rodocostarica's picture

fadebook appears to be a good name Tyler. You down a bit MDB. But don't worry all the young investors will be piling in soon.

 

 

Fri, 05/18/2012 - 11:36 | 2440107 LawsofPhysics
LawsofPhysics's picture

Are these the same "young investors" that are out of work and carrying 1 trillion in student loan debt?

Fri, 05/18/2012 - 11:35 | 2440093 ghostzapper
ghostzapper's picture

but, but, but that genius Simon Hobbs was expecting FB to revive the entire equity market.  how can this be?

Fri, 05/18/2012 - 11:35 | 2440098 q99x2
q99x2's picture

Didn't the FED give GS any money to chum the waters. Or did they already run through it.

Fri, 05/18/2012 - 11:35 | 2440102 RaymondKHessel
RaymondKHessel's picture

FB = GM

Fri, 05/18/2012 - 11:55 | 2440283 crawldaddy
crawldaddy's picture

Gm actually made a product, a useful one for much of a century.

Fri, 05/18/2012 - 12:33 | 2440568 Diet Coke and F...
Diet Coke and Floozies's picture

Yep, that's why I junked him. :)

Fri, 05/18/2012 - 11:36 | 2440103 ceilidh_trail
ceilidh_trail's picture

Anyone know when puts come available? Serious question...

Fri, 05/18/2012 - 11:41 | 2440156 Clueless Economist
Clueless Economist's picture

Week from next Tuesday

Fri, 05/18/2012 - 23:07 | 2442720 ceilidh_trail
ceilidh_trail's picture

THX

Fri, 05/18/2012 - 11:48 | 2440217 Matt
Matt's picture

May 29, 2012.

Fri, 05/18/2012 - 11:51 | 2440247 Freddie
Freddie's picture

Anyone know when puts come available? Serious question...

In the Year 2525.......

Fri, 05/18/2012 - 11:36 | 2440104 BeetleBailey
BeetleBailey's picture

MDB...already in the red.....but he likes that color...matches his suit

Fri, 05/18/2012 - 11:38 | 2440125 junkyardjack
junkyardjack's picture

LNKD just went on sale...

Fri, 05/18/2012 - 11:56 | 2440289 dark pools of soros
dark pools of soros's picture

yup - that last bag has been sold --  perfect timing for the sell in May and go away excuse

Fri, 05/18/2012 - 11:36 | 2440106 ghostzapper
ghostzapper's picture

where did Timmah order Sack to place his limit buy order?  39?  must keep FB green for day . . . .

Fri, 05/18/2012 - 11:36 | 2440110 Ineverslice
Ineverslice's picture

Lick?

Fri, 05/18/2012 - 11:39 | 2440111 Dr. Engali
Dr. Engali's picture

Of course now CNBC will crow about how "they got the pricing just about right and didn't leave any money on the table". Can we just come out and call it what it is....a flop?

Fri, 05/18/2012 - 11:51 | 2440250 kridkrid
kridkrid's picture

exactly what they just said... "strong underwriting got the price right".  spot on.

Fri, 05/18/2012 - 11:36 | 2440112 Frastric
Frastric's picture

For all you obsessed with Facebook's share price, here's a link to follow it EVERY second

http://www.marketwatch.com/investing/stock/FB

If I had money I would waste it all on shorting Facebook...

Fri, 05/18/2012 - 11:37 | 2440116 tekhneek
tekhneek's picture

"No option chain for FB"

:(

Fri, 05/18/2012 - 11:37 | 2440117 junkyardjack
junkyardjack's picture

I'm buying some now. I'm not greedy though, I'll sell out around $50...

Fri, 05/18/2012 - 11:43 | 2440171 Long-John-Silver
Long-John-Silver's picture

You'll be lucky to get out at $5.

Fri, 05/18/2012 - 11:37 | 2440120 Negro Primero
Negro Primero's picture

"The Whale is short Facebook."

Fri, 05/18/2012 - 11:37 | 2440121 CvlDobd
CvlDobd's picture

Please trade like GRPN's IPO! Please trade like GRPN's IPO!

Fri, 05/18/2012 - 11:37 | 2440122 Debtless
Debtless's picture

Paging Brian Sack. Paging Brian Sack.

Fri, 05/18/2012 - 11:52 | 2440148 LouisDega
LouisDega's picture

Fuck that, We need Sir lawrence Wildman. Look what he did for Teldar. The man will gladly eat your lunch for ya

Fri, 05/18/2012 - 11:38 | 2440123 Timmay
Timmay's picture

When the U.S. can't even sell HYPE anymore, it's all over.

Fri, 05/18/2012 - 11:41 | 2440155 BLACK_DOG
BLACK_DOG's picture

"Like"

your comment!

Fri, 05/18/2012 - 11:43 | 2440168 Normalcy Bias
Normalcy Bias's picture

Considering that B.S. is our largest industry, Houston, we have a problem...

Fri, 05/18/2012 - 11:38 | 2440127 LULZBank
LULZBank's picture

EASY Fellas! Easy there.

Dont panic, there's enough Facebook to go around for everyone.

Fri, 05/18/2012 - 11:38 | 2440128 LawsofPhysics
LawsofPhysics's picture

If only APPL were valued like facefuck.

Fri, 05/18/2012 - 11:38 | 2440129 NetDamage
NetDamage's picture

Is Facebook being priced for it´s  face value or book value?

Fri, 05/18/2012 - 12:15 | 2440451 Oh regional Indian
Oh regional Indian's picture

^^^^ Hall of fame nomination.

Well done Net Damage! :-)

ori

Fri, 05/18/2012 - 11:38 | 2440130 fuu
fuu's picture

Entire market just hit a wall.

Fri, 05/18/2012 - 11:38 | 2440131 Taterboy
Taterboy's picture

I know!!! Buy the dips!

Fri, 05/18/2012 - 11:39 | 2440134 Silverhog
Silverhog's picture

North Korean rocket launch was more exciting.

Fri, 05/18/2012 - 12:01 | 2440345 LFMayor
LFMayor's picture

probably cost a hell of lot less, too

Fri, 05/18/2012 - 11:40 | 2440138 Debtless
Debtless's picture

Listen to the CNBCers fiddle for spin.

Sat, 05/19/2012 - 07:04 | 2442958 Zero Govt
Zero Govt's picture

Jim Cramer is hiding under a table after his Pump & Dump display

..and no not just to look up Beccy Quicks skirt

Fri, 05/18/2012 - 11:40 | 2440142 Winston Churchill
Winston Churchill's picture

The Underwriters and book runners are presently busy

changing underwear.

Fri, 05/18/2012 - 11:40 | 2440143 q99x2
q99x2's picture

Back to USGS to wait for the next earthquake to appear.

Fri, 05/18/2012 - 11:40 | 2440144 shoemouse
shoemouse's picture

Faceplant is trading!

 

Fri, 05/18/2012 - 11:40 | 2440146 the not so migh...
the not so mighty maximiza's picture

Farcebook

Fri, 05/18/2012 - 12:00 | 2440338 El Oregonian
El Oregonian's picture

CHASEBOOK...

Fri, 05/18/2012 - 11:41 | 2440150 Yikes
Yikes's picture

Markets didn't like this much.

Fri, 05/18/2012 - 11:41 | 2440151 sgjohnlaw
sgjohnlaw's picture

Is FB dual-listed in Germany? And in EUR? Can anyone help? Can I buy others like IBM during EU hours?

Fri, 05/18/2012 - 11:41 | 2440152 truont
Fri, 05/18/2012 - 11:41 | 2440154 JLee2027
JLee2027's picture

I see the wiseguy's plan to run it to 60 has flopped. Lucky to stay above 38.

Fri, 05/18/2012 - 11:41 | 2440157 acediac
acediac's picture

When is Goldman going to unleash the muppenator?

 

So do these banker$ earn $200 million in "fees" regardless of how the stock price does relative to the book build price?

Fri, 05/18/2012 - 11:42 | 2440159 Doubleguns
Doubleguns's picture

Listen closely and you will hear Gov Brown crying from Kalifornication.

Fri, 05/18/2012 - 11:42 | 2440160 guinea
guinea's picture

below $38 at close? 

Fri, 05/18/2012 - 11:42 | 2440166 junkyardjack
junkyardjack's picture

Looks like $40 is the bottom....

Fri, 05/18/2012 - 11:46 | 2440202 guinea
guinea's picture

So much for that bottom.  Bottoms up!

Fri, 05/18/2012 - 11:43 | 2440167 bdc63
bdc63's picture

my magic 8 ball says "it is decidedly so"

Fri, 05/18/2012 - 11:42 | 2440161 bdc63
bdc63's picture

I just saw a 3 handle print ... oh, and the dissappointment in the voices of the talking heads on CNBC ...

 

Fri, 05/18/2012 - 11:42 | 2440162 Dr. Engali
Dr. Engali's picture

The new story will be ...FaceBook Made a Strong Debute in a Bad Market.

Fri, 05/18/2012 - 11:42 | 2440163 vainamoinen
vainamoinen's picture

this is gonna be EPIC!!!

Fri, 05/18/2012 - 11:42 | 2440164 dwdollar
dwdollar's picture

I can't stop watching this shit. Too funny...

Fri, 05/18/2012 - 11:42 | 2440165 Debtless
Debtless's picture

Zynga shares dove and were halted. I can only hope the dumb money smartened up to this farce.

Fri, 05/18/2012 - 11:44 | 2440176 bdc63
bdc63's picture

Yeah, whose the fucking dumb money now ...

Sat, 05/19/2012 - 07:06 | 2442961 Zero Govt
Zero Govt's picture

MDB ?

Fri, 05/18/2012 - 11:43 | 2440173 ebworthen
ebworthen's picture

Znynga shares halted?

Lowest level in 52 weeks?

Say it ain't so!  Angry Birds!  Farmville!

Time to plant some potatoes and cabbage!

Fri, 05/18/2012 - 11:53 | 2440260 kridkrid
kridkrid's picture

whoa... don't bring Angry Birds into this.

Fri, 05/18/2012 - 11:58 | 2440315 catacl1sm
catacl1sm's picture

You have to actually pay for Angrybirds stuff. I know, my daughter loves that shit I've bought everything from AB birthday cake and shit to stuffed AB toys.

Fri, 05/18/2012 - 11:44 | 2440175 jonan
jonan's picture

lol, our office did a pool to bet on the close, when i said $36 they looked at me like i had ten heads, price is right rules...which means i wins since the lowest highest bet was $92.

Fri, 05/18/2012 - 11:45 | 2440182 bdc63
bdc63's picture

$92?!  are you fucking kidding me?

Fri, 05/18/2012 - 11:46 | 2440201 jonan
jonan's picture

that was pretty much the reply when i said $36, i mentioned groupon, but the reply was, "facebook is different"

Fri, 05/18/2012 - 11:54 | 2440275 Normalcy Bias
Normalcy Bias's picture

They sound like Obama voters...

Fri, 05/18/2012 - 12:10 | 2440416 jonan
jonan's picture

crap, now they are saying if it goes below $36 everyone gets their money back...

Fri, 05/18/2012 - 12:17 | 2440477 ebworthen
ebworthen's picture

Hmmm...sound like Obama supporters to me...

Fri, 05/18/2012 - 12:16 | 2440472 ebworthen
ebworthen's picture

jonan,

Do you work at Apple?

Fri, 05/18/2012 - 12:32 | 2440561 jonan
jonan's picture

nah, just a lowly operations person at a company that sells insurance...

Fri, 05/18/2012 - 11:44 | 2440177 azzhatter
azzhatter's picture

Just the senseless nonsense makes me want to puke. Fucking CNBC is wetting themselves. Wearing hoodies and shit. Fucking incredible. Can't wait til the burial day of FacePalm.

Fri, 05/18/2012 - 11:44 | 2440179 kahunabear
kahunabear's picture

What happened to the 10 times oversubscribed b.s.?

Fri, 05/18/2012 - 11:46 | 2440196 bdc63
bdc63's picture

turns out that nobody really wanted the full allocation of what was offerred to them ... go figure ...

Fri, 05/18/2012 - 11:53 | 2440211 LULZBank
LULZBank's picture

Now now, dont be asking smart stupid questions.

Watch this baby, soon spread and flap its wings and fly away like AAPL and GRPN ... straight up to the constellations ... to fulfill its destiny...

Please bid Facebook ... if only for the sake of helping that zit popping sucker getting laid.

Fri, 05/18/2012 - 11:47 | 2440214 Doubleguns
Doubleguns's picture

Thats the puts.

Fri, 05/18/2012 - 11:45 | 2440183 I am a Man I am...
I am a Man I am Forty's picture

Wow!!  Retail is wising the fuck up aren't they!?!?!  People like money, who would've figured.

Fri, 05/18/2012 - 11:48 | 2440190 John McCloy
John McCloy's picture

Close below the IPO price would certainly make my day. You know there is something fundamentally wrong with our financial system when our Fed Chairman is undoubtedly glued to the monitors watching the FB ticker in the hopes that it will save the economy. No better example of what is America has devolved into..an services sector economy reliant upon fraud, propaganda, fooling the public..

Fri, 05/18/2012 - 11:48 | 2440220 Village Smithy
Village Smithy's picture

Agreed, but the day is long.

Fri, 05/18/2012 - 11:58 | 2440318 crawldaddy
crawldaddy's picture

exactly, it would be one thing if this was say a new pharma that just released the cure for cancer,  but this is just a goofy website people post pictures of their fat kids playing soccer.

Fri, 05/18/2012 - 11:45 | 2440191 insanelysane
insanelysane's picture

Sold some Farmville livestock last night so I could afford to buy some shares.

Do NOT follow this link or you will be banned from the site!