Merrill Lynch Facebook Stock
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Merrill Lynch Facebook Stock
Posted by Thomas Hudson on 5/17 at 12:48 pm
Just got a cold-call from a guy at Merrill Lynch and his voicemail said his group has some Facebook shares to sell and he's wondering if I'm interested.

Red flag, or is this totally normal on an IPO?


This post was edited on 5/17 at 12:50 pm

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Posted by LSUtoOmaha on 5/17 at 12:50 pm to Thomas Hudson
Good Lord this is getting pathetic


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Posted by Thomas Hudson on 5/17 at 12:55 pm to LSUtoOmaha
Yeah, I thought the voicemail was fairly unprofessional too. He said something like "we think this stock is pretty popular."


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Posted by kfizzle85 on 5/17 at 1:38 pm to Thomas Hudson
Tell him you'll buy it from him at 38 and he covers the difference between that and the price it actually clears at and you're in.


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Posted by The Easter Bunny on 5/17 at 1:52 pm to kfizzle85
quote:

Tell him you'll buy it from him at 38 and he covers the difference between that and the price it actually clears at and you're in.




frick yes, put me down for 500 shares at $35 and let's be ready to sell around 10am.



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Posted by cjared036 on 5/17 at 1:52 pm to kfizzle85
Facebook is going to go bust.

I would not tuch it for anything more than 30.

There is some growing motiviation for people to cancel/suspend their membership once the IPO is issued.

I have a facebook, I use it to keep up with friends. I have never bought naythign on it, offer very limited information, stay away from advertising links.

Once somethign better comes along I will dump it. Thinking heavily about trimming alot of my "friends" on there. Highly doubt I will ever see any of those people again.



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Posted by kfizzle85 on 5/17 at 1:59 pm to cjared036
Why 30? 100B is too much but 80B you're cool with? Sentence 3 must be some kind of joke I don't get.


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Posted by LSUAfro on 5/17 at 2:03 pm to cjared036



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Posted by Notro on 5/17 at 2:12 pm to kfizzle85
Just came across my Twitter from Bloomberg :

BN reporting $FB goes out at $38 a share. That's 26x sales, 107x P/E. Zoinks.







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Posted by Rockyn on 5/17 at 6:55 pm to Notro
Wouldn't touch that shite with Athanatos' pole.

I don't get it. This is going to be a very amusing and expensive lesson for the common man.



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Posted by LSUBanker on 5/18 at 9:06 am to Rockyn
I got some people calling me upset cause they can't get in on the IPO. When you only have $1k to your name you are not getting it. Wait till it starts trading to waste my time.




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Posted by kfizzle85 on 5/18 at 9:32 am to Rockyn
In the words of the Internet:




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Posted by HoLeInOnEr05 on 5/18 at 9:35 am to LSUBanker
What is the min you will take? I already have 4K going in it, but I would be willing to dump another 5 in it somewhere else if I can.


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