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Think You Bought (Or Sold) FaceBook? Think Again
If you just submitted an order to buy FB today, and were confident the order was executed even if at market, you may be out of luck:
- NASDAQ HAS PROBLEM DELIVERING FACEBOOK TRADE EXECUTION MESSAGES
What this means is that the exchange at this point is deciding whether or not to send back late executions to all people who bought, or thought they bought. Needless to say this means that the indicated price is likely not the real price if one factors for all the latent orders, on both the bid and offer side, unless of course all those orders get cancelled, further eroding confident in the market, only this time hitting that one segment most disenchanted with the stock market - mom and pop.
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This is where Jamie "Deamon" goes WTF and the rest of us go LOL
Who cares about god damn Facebook! Move on to something else Tyler, boring....
Oh no no no, see this is the hour when we kick the SOB lying down on the ground..
GoogleNews and Drudge are both reporting how "up" FB is, LOL.
Regards,
Cooter
Um… can you point me to the fire exit?
It seems a tad smoky in here and I am have a bit of trouble pressing through this huge crowd..
HUGE black eye for Nasdaq. First they court Facebook. Then they celebrate the win of the listing. Then they completely botch up the IPO day.
Good luck winning another IPO there Nasdaq.
Maybe they should have been spent for time getting this IPO ready /sarc
Opening delay was due to the HFT plunge protection algos not coming online...this blue turd would have broke through $30 in an hour without them...
Anyone else notice how spastic trading that has been going on in numerous companies (Zynga, LKND, FB, BBY, GRPN)....wild swings galore!
Odd day......
Selling was detected...must be investigated.
"They trust me.. Dumbfucks"
and bbc... jokers http://www.bbc.co.uk/news/business-18115914 YOU CAN POST A COMMENT AT THE BOTTOM of the page AS WELL, not that I would want you all to overwhelm them!
Not the direct retail public, currently running 3-1 against FB which is about as one way on the downside as possible.
It's fun though to pretend people are madly clicking their mice at home trying to buy shares in some futile exercise.
So much money at stake .... am on the sidelines watching
THIS IS WORSE THAN THE COMEX AND MF GLOBAL COMBINED!
Who sold what to who and who has what... Soon they'll tell us they sold 100 times more than there was stock available...
Sounds like 'ol b/a got "Face-Crotched" some time yesterday... (WAH)
If you bought into this Jersey Shores Snookie shit, you all deserve to be executed - without delay !
This keeps getting better and better... Why Facebook isn't worth even half of what they're asking: http://www.singledudetravel.com/2012/05/why-facebook-isnt-worth-100-bill...
Or this ...
http://www.forbes.com/sites/ryanholiday/2012/05/17/why-i-lost-my-faith-in-facebook-advertising/
If FB actually crashes, in spite of all the hype in the news, it will be epic. I am spending just as much time looking at the scrolling articles on google news for FB ... hehe ... it's like there are two realities!
Regards,
Cooter
There are two stories but thankfully only one reality. Thanks to ZH for keeping us aware which one holds truth.
Kinda sums up where we're at. Paying a 100 billion for a website whose main purpose is sending friend "requests" from high school folks I never wanted to see again.
NASDAQ HAS PROBLEM DELIVERING FACEBOOK TRADE EXECUTION MESSAGES
Maybe they should try tweeting them.
LOL +100 Bastiat
Faace Boook been bery bery goood to me!
Is that you, Chico?
Today's action is the equivalent of the BATS IPO. I wonder if this is revenge by some parties.
Facepalm
Fakebook
Farcebook.
Greek facebooking it on Google...
We are ZINGA !
Facemook
Facebork
Facecrook
Faecesbook
FakeBoob
FalseDook
Facecrook?
Assflick
What a Ponzi Banana Republic.
Translation - if it goes up you didn't get it.
If it goes down you got it at the high price.
is that sorta like HFT'ing the HFT market ?
Exactly
Where's Corzine today?
Like
Its like the stock market was just invented ysterday and its a test run.
Just like Fukushima, FB will have its plutonium explosion moment. From all the hota air built up.
MDB did you get the message?
Flawlessly Fraudulent
Way to make Friends, eh?
PPT there you are - can't let facebook fail!
Golly, a little obvious...and pathetic.
My HTF platform has already cranked 1,000,0000,000 quotes- how can that be?
Couldn't be your typos, could it?
FatFingers => FatTails?
In case you needed help to projectile vomit.
Our amazing CNBC research team just sent this note: Facebook topped 200 million shares traded in its first 20 minutes. Here’s how it compares: Visa: 177 million, Google: 22.4 million, Linkedin: 30.2 million, and GM traded 458 million on its first day of trading.
by Gloria McDonough-Taub on Friday, May 18, 2012 at 12:12:46 PM
Took amazing research to find out the number of shares traded on a publicly traded company???
"They", whoever they may be, are trying to keep the market up through FB. This explains the immense amount of shares already traded, the problems filling orders, and the ridiculously high valuation.
Skynet is angry. Systems are going down eveywhere. Etrade is down.
Going with the proven MFG excuse. "Things were chaotic at the time and it is nearly impossible to know who bought what when."
Sounds like a Ponzi trail cover-up. I wonder how many really bought FB?
Sooooo hard to see why most "investors" have no confidence in this clusterfuck, formally know as an equity market.
Cannibalization continues.
Is it possible The Morgue is so mired in the supposed spread trade clusterfuck that they can't even be market makers anymore?
Just tryna start rumours, that's all.
Unless, of course, you lost money on the trade...then it is confirmed.
Retail outflows are going to go ballistic next week.
FACEPALM
FAILBOOK
In other words...the book opened and closed today on Fakebook.
They need Sacha Baron dressed as The Dictator to ring the opening bell.
@zerotohero
Too much credibility.
How bout the cast from the new Three Stooges Movie.
Should have hired The Most Interesting Man...he would have kept it up...and shot to 100 today. Would have been cheap print...but no...they bring in the hoodie hustlers into the street...and they get their butts kicked ToTheMoon.
I'm sure the wannabe buyers are OK with this now.
without a trace book.
Vaporized!
Heard they used disappearing ink on their first printing.
Its GONE ! (face)
What is this Facebook thing everyone's talking about?
It's a book of mugshots of all our big bank CEOs....
In a SANE world.
Schroedingers trade execution.
Check out this Yahoo headline:
Facebook Shares Pare Gains After Opening Up More Than 10%"coming back off its low of the day"
MBD, don't worry, you're in it for your grandkids, no doubt you are buying on the dips.
He probably bought at $42 and will now have to hold onto it until Microsoft buys them at $2 a share in 2015.
A whole new generation of potential stock market investors scared off. WTG wall street!
Oh, you mean the 20-something/30-somethings loaded with student loan debt the size of a mortgage, unable to save (unless they live with parents), in an increasingly shitting job market? Those investors?
It's funny, but I kind of wonder how the older demographic, with all the assets, will unload them onto younger generations who they thouroughly fucked via a 30 year debt orgy. Younger folks can't afford a house anymore because student loans are the new mortgage. They also ain't going to be buying what pension companies need to sell to pay benefits either.
Just ranting because SVN is down at work and I am stuck for the moment ...
Regards,
Cooter
Someone yesterday said it best and I LMAO : FACEPLANT
"We apologize for the inconvenience. Your bid for 1,000 shares at $42 was placed after we cleared robot algo order sells of one million and one at $42.01. Thank you for using NASDAQ. Invest in America, buy more FB today!"
So CIA Farcebook fails.... what a shame. :)
Herd meet cliff.
We are ZYNGAaaaaaa !
and ZNGA?
down for the count ...
Yup .. the PPT made it
It's Green guys
when i grow up I want to be an algo.
Just surf the web all day and when asked I just scream BUY or SELL.
ah to be an algo.
green Here i come
On a risk adjusted basis this crap would have to go 5x to make it worth it (to me). I would prefer to sit at a blackjack table: better odds, free drinks, and decent looking waitresses walking around with their tits hanging out.
These "wall streeters" are brilliant, get the remaining 5% of individual retail investors(compared to say 1999) worked up to pay any price to get their hands on this hot item. Muppets will be pissed at paying say, $43, Monday, but "oh so glad" they're "in the game". Interesting times.
Buy! Buy!, BUY!!! Get that stock up to $40 and hold it there goddammit!!!
facebook! y u no takes my monies
http://img205.imageshack.us/img205/4470/yunomemegeneratorfacebo.jpg
Look at gold & silver, the fucking champs that they are, completely ignoring this whole charade today.
Oh, the real money? Yeah. They're fine.
Thankful to the Tylers and fellow ZHers to be informed which help take advantage of the recent precious metals BTFD moment. My earlier PMs were lost in an unfortunate boating accident.
Did Corzine ring the opening bell?
Since JPM and GS are somewhat like competitors...is it possible JPM was heavily shorting Farcebook ? You should never farce it in too hard...ouch ! that must hurt.
Beany Babies had more intrinsic value than this stock does. AT least at the end of the day you could pile your overpriced worthless beany babies an dcreate a pillow of sorts. Bad web stock give you nothing but lost money and a 404 error.
Facelift - goes higher
Faceplant - goes lower
Vote please...
Just mised $3 a share profit...
If you bought into the IPO in Germany and sold at 50,000 euros, you would be up ~49,970 euros, unless a mulligan was called and the trade reversed.
They may be blocking ICMP packets to help hold down traffic.
FUCKIN NASWAQ
I don't give a sh!t about FB, but let it be known that the Russell is being held desperately at the 200 DMA even though the SPX has 20 points to go. And as it happens, IWM has reached its H&S target. Watch closely...
Great Muppet Caper
Facethemusic.....
like it or not, this is the 'face' of the new american economy
How about you sit on my face and read a book
I've been calling it FaceFuck for days now.
I placed two limit orders for clients at $42 and $41 on the Schwab Institutional platform. Still haven't received a fill as of 12:37 EST.
Ridiculous.
Oh, and for the record, they were small orders (100 and 200 shares).....just play money.
I had orders to sell at 38 or better for the open and got filled at 40.01 and 41.68 when it opened at 42.05. I've challenged them and will pray for hope and change.
Sadly, I don't think you'll get anywhere. With volume this high, the reported price of $42.05 is no indication of where the stock is trading at a given moment. Even Level 2 is useless right now.
nobody dances if the Nasdaq says "no quack quack".
Anyone watching Level II?
Why has there been 1 share @ $3,800 at the bid for the longest time now?
So far, FB is trading directionally lockstep with SPY. So everybody just relax, the machines have everything under control.
GOLD +.96%
FB + 8.08%
FB Lawsuit, very nice: http://www.latimes.com/business/technology/la-fi-tn-facebook-sued-15-bil...
face transplant
bought a little today, 150 @ 40.14 market order 11:41, saw the machines holding it at 40. So far the order is fine, but will see later. Looking to sell soon for a profit, definitely way before the 60 days are up when the sell floodgates open.
Ok, now they want 1 and 1/2 ozt of my precious silver for an electronic reciept that says I "own" 1 share out of a billion others of a "company" (started by a douchebag for douchebags)* to douchebaggerize with each other. Not only that, but in 2 weeks I can trade that share for a quarter of what I give for it today. There is also the added bonus of knowing I can contribute to the ease and comfort of some pukestain as he and the rest of the playaz juke it up in my whitehose.
Hell yeah, what a great trade. /sarc
I think anybody trading in these thoroughly corrupt markets should factor in the possibility of getting corzined at any time in any trade from any account.
*credit vast-dom
mom and pop are going back to the farm. no more malls, no more main street, just green pastures that grow real things...
Why did it stop als precisely 38 when it was dropping? Is it set to do that?
Abbracadabra!
FACEBOOK and McDonalds.....VOOODOOOOO Economics......Give 'em big tax cuts and what do you get......a BIG FAT ASS while you waste your whole day on your Narcissistic personality disorder (NPD) ....First formulated in 1968, it was historically called megalomania.....Who is the most HIGH profile egocentric VOODOOO withch DR. today?
ALAN SIMPSON, "Let 'em DIE!" "Let 'em DIE!" Cut Social Security and Medicare, we need to see some DEAD old ladies in the streets!