Facebook and Morgan Stanley

fife
fife Posts: 3,327
edited May 2012 in A Moving Train
So i was looking around and didn't see this posted anywhere.

http://news.blogs.cnn.com/2012/05/23/oh ... ?hpt=hp_t1

I wonder if at all will this be talked about now in this election time?
Post edited by Unknown User on

Comments

  • puremagic
    puremagic Posts: 1,907
    This is such bullshit. Days before Facebook were to go public, there were several media stock analyst on all the major networks and on the internet, warning investors to avoid the hype and wait a couple of days or even a week before buying this stock. This message was everywhere, to the point, I thought maybe they were giving Zuckerberg a taste of his own laid-back attitude.

    These investors got greedy, they saw $$$ signs, they believed the hype and push the stock into an increased price range which Zuckerberg took advantage of, and offered more stock for sell. This all happened before the stock went public, even as the public was still being cautioned. These initial investors sucked up the Facebook stock like a Dyson on overload; and now they’re crying because like any other overly-hyped stock the tide went out and they lost money. Go figure.
    SIN EATERS--We take the moral excrement we find in this equation and we bury it down deep inside of us so that the rest of our case can stay pure. That is the job. We are morally indefensible and absolutely necessary.

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