karlunity Posted May 22, 2012 Report Share Posted May 22, 2012 I was very surprised by the "Facebook" IPO...I did ok when Google opened and figured that "Facebook" would also rocket..lucky for me, I read a report about insiders selling before I got in and decided to hold off a bit. karl Quote Link to comment Share on other sites More sharing options...
Dr.Hess Posted May 22, 2012 Report Share Posted May 22, 2012 The FB IPO stinks. IPO's are to raise capital for expansion by selling stocks, or shares (pieces) of the corporation. This IPO and most recently, work like this: Company starts up, gets capital for expansion from venture (vulture) capitalists, expands, "looks nice," then does an IPO to sell the "shares" and suck money in from unsuspecting fools (us muppets) as the company founders and vulture capitalists cash out. That's modern finance. Quote Link to comment Share on other sites More sharing options...
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