by Nicholas Carlson
We just got off the phone with a hedge fund manager who says his fund owns Facebookstock “in excess of a $100 million.”
The fund bought the stock Friday, after the IPO. [Read more…]
May 22, 2012
Facebook investors served as "lambs to the financial slaughter"
Anyone spending anytime on the internet these last couple of weeks would have come across some article exclaiming Facebook was going to shatter all IPO records known to man. Buying shares would make you an instant millionaire or billionaire in the case of the FB management team. The steady drumbeat message was buy, Buy, BUY!!! [Read more…]