Very interesting what I read these last two days about Facebook' stock market adventures. The Business Insider's Henry Blodget, explains them very worldly. Facebook, which became "public" a few months ago with an Initial Public Offer of $38 per share (fantastically over-evaluated in my opinion and not only mine), dropped it's stock market values at $19, which is quite half. This seems to be a maneuver of the investment bankers who handle the shares' trading. They were paid over $170 Millions to … [Read more...]
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