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...

0
Your rating: None
 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
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!!

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