Facebook Bankers Raped The Average Investor...People Selling Now While They Still Can

Dr. J Trotter · 05-23-12, 05:55 PM

And now comes some news about the Facebook (FB) IPO that buyers deserve to be outraged about.
Reuters' Alistair Barr is reporting that Facebook's lead underwriters, Morgan Stanley (MS), JP Morgan (JPM), and Goldman Sachs (GS) all cut their earnings forecasts for the company in the middle of the IPO roadshow.

Im reading on various forum people have lost a average of around $5,000 to $10,000 on this bullshit.

Ghenghis Kahn · 05-23-12, 06:06 PM

do you think this was by accident? i mean come on man, people with half a brain shoulda known this was gonna happen. in the end, no one forced anyone to buy this crap stock. it was their stupidity that led them to this mess...

Dr. J Trotter · 05-23-12, 06:07 PM

Originally posted by Ghenghis Kahn

do you think this was by accident? i mean come on man, people with half a brain shoulda known this was gonna happen. in the end, no one forced anyone to buy this crap stock. it was their stupidity that lead them to this mess...

I just read somewhere that Romney wants "less regulation"

Can someone confirm this?

Cougar Bait · 05-23-12, 06:11 PM

Nobody told me to bet on the Cubs either.

You're a moron if you think it's anyone's fault but the individual investor.

Emily_Haines · 05-23-12, 06:11 PM

I told everyone here that this would happen

........and the funny thing is that people are outraged about what everyone new was going to happen.

Ghenghis Kahn · 05-23-12, 06:13 PM

Originally posted by Dr. J Trotter

I just read somewhere that Romney wants "less regulation"

Can someone confirm this?

ALL politicians want to regulate everything BUT wall st. why do you think that is? wall st. owns the white house.

Dr. J Trotter · 05-23-12, 06:15 PM

nytimes.com

http://www.nytimes.com/2012/05/19/us/politics/new-hampshire-vote-looks-close-and-the-romney-team-is-hopeful.html

Mr. Romney is hoping his message of lower taxes, less regulation and an emphatic denunciation of Mr. Obama’s economic record is in sync with voters whose local economy is better than the nation’s but still struggling. Aides have privately identified it as potentially crucial to victory in a close election, and a potent symbolic win.

You're kidding me right?

Dr. J Trotter · 05-23-12, 06:24 PM

Originally posted by Emily_Haines

I told everyone here that this would happen

........and the funny thing is that people are outraged about what everyone new was going to happen.

Well the stock market is a gamble anyhow.

This though is a blatent fix.

No repercussions?

mh217 · 05-23-12, 06:26 PM

"average investors" are in it for the long term...down 6 bucks short term shouldn't be the end of the world..if you buy and hold you will make a good return on it

Dr. J Trotter · 05-23-12, 06:29 PM

Originally posted by mh217

"average investors" are in it for the long term...down 6 bucks short term shouldn't be the end of the world..if you buy and hold you will make a good return on it

You're joking right?

robmpink · 05-23-12, 06:29 PM

Originally posted by Emily_Haines

I told everyone here that this would happen

........and the funny thing is that people are outraged about what everyone new was going to happen.

Do you want a golden dildo? About 100 other people did as well.

Dr. J Trotter · 05-23-12, 06:30 PM

Originally posted by robmpink

Do you want a golden dildo? About 100 other people did as well.

onacloud · 05-23-12, 06:44 PM

Originally posted by mh217

"average investors" are in it for the long term...down 6 bucks short term shouldn't be the end of the world..if you buy and hold you will make a good return on it

Emily_Haines · 05-23-12, 06:50 PM

Why you think I cashed out my 401k.

Wall Street more rigged than those Italian soccer leagues

dice · 05-23-12, 06:52 PM

Originally posted by Dr. J Trotter

You're joking right?

The market cap for this stock is closer to $20 billion than $100 billion. And even this may not be sustainable. Bankers overhyped the ipo.

Emily_Haines · 05-23-12, 06:53 PM

Originally posted by mh217

"average investors" are in it for the long term...down 6 bucks short term shouldn't be the end of the world..if you buy and hold you will make a good return on it

People still been waiting 10+ years for NasDaq to get back to 5000 and DJIA to get back to 14000.

We only have one life time.

Plus by the time it gets back if it gets back it will need to go 3-4 times higher to compensate for the massive inflation.

Investing in the market these days is for losers that want to get hurt bad.

Dutch · 05-23-12, 07:11 PM

Raped the average investor?

The average investor didn't buy Facebook stock. The average investor understands the a vast majority of IPO's stock prices fall back below opening prices and are waiting for the stock price to correct. The average investor saw that the stock was over valued by a good $10.

The only people who bought Facebook stock at opening were idiots who saw dollar signs and have no common sense.

tony_come · 05-23-12, 08:02 PM

Write this down