Like I said, FB will be good drama... Massachusetts subpoenas Morgan Stanley for FB selective analysis.
We all know now that some mboys (smart money) were advised rightly about FB prospects while the small money was sold a shitty deal. Btw not shocked at all.
http://www.reuters.com/a...k-idUSL1E8GMH9N20120522
And CNBC creates an even better headline - How FB stock selloff almost turned into a run...
http://www.cnbc.com/id/47520037
Closed at $31 - down 8.9% for the day. Down 18.4% post IPO price on day 3 and 36.8% from the $45 spike on day of listing.
Britank IPO holders offer their earnest heartfelt condolenses to their US comrades in this murky status.
Yep, guys got Zucked big time...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!