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Strategies & Market Trends : BAK - Investing
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To: Covenant who wrote (2763)5/22/2012 10:33:48 PM
From: XoFruitCake1 Recommendation  Read Replies (3) of 3249
 
Re: re FB - interesting to see so much blame for the FB IPO but is Mo

This may be a case of Zuckerberg telling the bankers to price it as high as possible
And what is wrong with getting highest price possible? Don't we all doing the same with our own investment??? I though the problem is that MS misjudge their book and how many IPO buyers intended to flip. It is MS responsibility to figure out the true demand underneath all the hype and manage the schedule so that everyone know about the revenue update before the IPO. I think they screw up on both front. MS represent the seller well (selling more at a higher price) but taking all the IPO buyers out for a ride and they will pay for their dirty deed for years to come..
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