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(The Business Journals)   Hurricane Sandy delays Facebook's stock tsunami   (bizjournals.com) divider line 3
    More: Interesting, tsunamis  
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4460 clicks; posted to Main » on 29 Oct 2012 at 6:18 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-10-29 09:55:58 PM  
1 votes:

Nakito: The locked shares were fully disclosed and have remained known to the market since the IPO. Therefore, "efficent market" theory says the unlocking of those shares is already fully discounted in the current market price. Heh. Let's wait and see.


Yes, I'm sure every independent investor performed the proper due diligence and made a rational, calculated decision to buy Facebook stock based on real world performance projections and not just "ZOMG! Time to cash in on what those kids are doing these days! Dot-Com 3.0!!! Unlimited possibilities!!!11!1!"

The invisible hand of the free market is going to be balled into a fist and inserted into the backsides of many an unwary investor come Wednesday.
2012-10-29 06:46:56 PM  
1 votes:

Oreamnos: I can't think of anything better for the economy than for Wall Street to be shut down for a while. Businesses might be able to make good decisions without having to keep an eyeball on the stock ticker for once.


I blame the internet and 24/7 trading.
2012-10-29 06:46:17 PM  
1 votes:
I can't think of anything better for the economy than for Wall Street to be shut down for a while. Businesses might be able to make good decisions without having to keep an eyeball on the stock ticker for once.
 
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