Why I Became A Big Facebook Bear After Limp IPO

(FB) started trading today with much anticipation.  Unfortunately the common place advice doomed the IPO. The IPO was priced at $38.   One of the first opening indications was $45 on 18 million shares.  The stock was set to open at 11:00 am ET.  The opening was repeatedly delayed and opening price indication kept on falling. [...]

Source: http://www.forbes.com/sites/greatspeculations/2012/05/18/why-i-became-a-big-facebook-bear-after-limp-ipo/

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