Facebook sets IPO price at $38 a share

i'm going to sit on the porch and watch this one.

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i know nothing about stocks or anything of the sort... just got this text from usa today.. thought i would share... i dont even know what it means

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It means I'd feel more comfortable going red or black once this thing is available to the public. It could drop like a bowling ball or just ride up the frenzy train. At least w/ red or black I'd know in less than a minute if I lost my money.

I think it'll be interesting to see where it'll sit in a month or two. Efficient market at work here. I'm sure it'll be priced appropriately.

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Facebook sets IPO price at $38 a share

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It'll end up crushing that number early and at least doubling, possibly tripling, before settling back down.

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I'll start: $74.63.

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$81.47

Check the other thread. I was afraid it would get lost in this thread.

Your prediction has been noted.