Publicly Traded Social Networking Stocks To Play The Facebook IPO
Investors can buy publicly traded social networking stocks to play the Facebook IPO to invest in the Facebook IPO indirectly by investing in the social networking sector. Buying publicly traded social networking stocks before the Facebook IPO is a way that stock traders can position themselves for the possibility that social networking stocks will rally in ahead of and in conjunction with the Facebook IPO to potentially profit from the Facebook IPO in an indirect way.
Facebook has homed in on two possible dates to launch its initial public offering on the Nasdaq, according to a person familiar with the matter. Bankers & management are currently looking at a primary target date of May 16 or May 17 to price the deal (with trading commencing the following day), according to this person, and trading would commence the following morning. The company would begin marketing the deal on May 7 under that scenario. The final timing, however, will be highly dependent on the Securities and Exchange Commission’s review of Facebook’s recently announced $1 billion acquisition of Instagram. While bankers expect the commission to give the deal a go-ahead by the end of April, unforeseen comments or questions from regulators could push IPO pricing back by roughly one week.
If that were the case, the company would default to a plan B, which would aim to price the deal on May 23 or 24 and begin trading the following day.
Facebook IPO May 17th - Citing "multiple sources close to the company," a popular technology blog has reported that Facebook Inc. officials have chosen May 17 as the date to launch their eagerly awaited initial public offering.
Facebook Q1 Profit Down; To List Shares On Nasdaq 4/23/2012 5:18 PM ET
(RTTNews) - Facebook Inc reported that its first-quarter net income attributable to Class A and Class B common stockholders declined to $137 million or $0.09 per share, from $153 million or $0.11 per share in the same quarter last year.
Revenues for the quarter rose to $1.06 billion from $731 million in the prior year quarter.
The company said that it has applied to list its Class A common stock on the NASDAQ Global Select Market under the symbol "FB."
My entire high school graduating class first migrated from classmates.com to Facebook and then abandoned it for a blog site when it became apparent that FB leaks personal information like a sieve. In tests we found that an email address created and used for FB and nothing else started receiving spam as little as two weeks after FB account creation.
Only the extremely naive or foolish use their real information for Facebook. As FB has no problem with anything that pads their number of users, they are quite happy to have more bogus accounts than real ones. Their actions to purge "phony" ( smart ) users were pure press release filler material, the stated percentage of such accounts they found was so small as to amount to an admission that they couldn't really tell which ones were real or they didn't really care to try.
Patience, FB will be a fine short later in life, and IMO a lot sooner than many people expect.
The most important and useful link in all of Facebook appears below.
By taking this action of personal self defence, you strike a blow for freedom in a world turned into collaborating national security states, a world even worse than George Orwell ever envisioned. Log into your FB account one last time and start resisting this seductive instrument of surveillance and control.