Facebook IPO

[Captain Crawfish]

Of course you did, if you had lost your ass you wouldn't dare post about it!

I have lost plenty!!! I work a night job now so I can trade during the day in peace with a clear mind. Lil swing trade on MCP don't fall in love just make some money!!!!

[Broncojohnny]

I got a whole bunch of moly corp. made lots of jingle today!

Of course you did, if you had lost your ass you wouldn't dare post about it!

[Captain Crawfish]

The stock is dumping down very nicely, under $21 here recently. If you want a real turd check out MCP, it was the super hot thing last year.

I got a whole bunch of moly corp. made lots of jingle today!

[slow99]

Lolz

[SVT Lurch]

We'll TTT this every year on the IPO anniversary to check!

$25.76

Dropping like an anchor. Over/under on it being in the teens by the end of the day?

[Broncojohnny]

The stock is dumping down very nicely, under $21 here recently. If you want a real turd check out MCP, it was the super hot thing last year.

Lolz!
http://marketday.nbcnews.com/_news/2...utmk=169029090

Good luck with that.

[YALE]

Lolz!
http://marketday.nbcnews.com/_news/2...utmk=169029090

[Captain Crawfish]

what a week!

[slow99]

I still don't understand what this means. What impact does that have on the company/stock? The stock was down 10% today. Is this a good or bad thing?

Stock = equity. A company's equity has a dollar value, also known as its market capitalization. Each share of equity owns a portion of this value. If a company's equity worth is $100 million and there are 10 million shares ourstanding, each share is $10. Now the company sells 10 million new shares. Now the equity is worth $100 million but there are now 20 million shares outstanding. Each share of this company's stock is now worth $5 instead of $10. This is called dilution.

[347Mike]

They sold new equity shares. An I bank manages the process (they underwrite it).

I still don't understand what this means. What impact does that have on the company/stock? The stock was down 10% today. Is this a good or bad thing?

[slow99]

"today announced the pricing of its underwritten offering of 6,154,000 shares of common stock at a price of $3.25 per share. "

They sold new equity shares. An I bank (my company actually assuming this is unilife) manages the process - they underwrite it.

[347Mike]

I'm not exactly sure what you mean - in what context? Did you mean undersubscribed offering?

"today announced the pricing of its underwritten offering of 6,154,000 shares of common stock at a price of $3.25 per share. "

[slow99]

Can someone explain in lamen terms what an underwritten offering is? Is it good or bad? What does it mean when this happens, etc?

I'm not exactly sure what you mean - in what context? Did you mean undersubscribed offering?