Hey ! We Facebook guys have made 28 year old Facebook Founder Mark Zuckerberg Really Rich…Facebook closes it’s US $ 11.8 Billion IPO today…two days before actual closing… invited offers for 337.4 million shares between US $ 28 to US $35 to give a US $ 96 Billion valuation at top end…lists under FB on Nasdaq on May 18…Apple Co-founder Steve Woznaik ready to buy at any price !…however,a Bloomberg poll showed that 79% think it is overvalued !…methinks it’s going to open strong on listing
Fast Action coming up soon in Facebook on Nasdaq….Indian Residents can easily invest overseas now…So open your overseas brokerage accounts asap…either directly or through a few Indian Brokerages that are offering to do so and manage these accounts for you….Quick Trading Opportunity in FB beckons strongly
Cheers !
2 thoughts on “It’s Facebook Time on Nasdaq soon !…Quick Trading Opportunity beckons….US $ 11.8 billion IPO closing today two days before schedule…US $ 35 Offer at Top end gives a US $ 96 Billion Valuation !”
Thanks Sir fir your post. Given the internet industry where in there are 1st numbers changing few years (it was MSFT then Yahoo then Amazon came , then google, now FB) , will the shares command this premium given the risks involved ? Will it be like a strong listing and later fizzle out ?
Mayur…fb’s been the numero uno social networking site for quite awhile….I think close to Billion members now…Apple has a strong business relation with it…my sense is that it will have a strong listing…the IPO price has been revised upwards to US $ 34 to US $ 38 per share on huge demand giving it a US $ 100 + Billion valuation already….Yahoo lost it’s way and cannot figure out an identity now…A social networking site like Facebook is difficult to replicate in the short term….business model will be leveraged on this huge domain strength….the premium appears justified