Zuckered: Facebook Scandal Heats Up!
- Length: 3:12
- Views: 3
- Author: TheAlexJonesChannel
Wall Street Banks scammed the public when they shared secret earnings estimates and valuations of Facebook with insiders much worse than they publicly reported. FACEBOOK -- MUPPET BAIT FOR THE MASSES Facebook continues along its epic drop from its opening trading price of $42.05 to a new low of $30.98 of today as the SEC and FINRA are likely to open an investigation to circumstances surrounding Facebook's public stock offering. The plummet comes as Reuters revealed that Wall Street Banks scammed the public when the secretly cut their revenue estimates for Facebook during the IPO roadshow and only let their most lucrative retail investors now about the cuts. By withholding the information from the public, millions of mom and pop retail investors were set up for a blood bath, and as quoted from the Yahoo! News article below, Facebook IPO buyers deserved to be "mad as hell" about it. Facebook crashed a whopping 10% from its opening price last Friday and at the end of trading Monday closed down 20% from Friday's opening price leaving millions of people burned for 20% losses by Wall Street's scam. Those losses will only continue as financial news outlets report that the offerings IPO valuation of over $100 billion is up to 10 times higher than the price Facebook is actually worth. Further contributing to the downward trend are a slew of negative media reports now hitting the wires about Facebook's prospects as Wall Street continues to take every avenue they can to bet against ...
What Are Penny Stocks?
- Length: 9:31
- Views: 1
- Author: StockMarketCourse
www.stockmarketforbeginnersschool.com. What are penny stocks and is it safe to trade penny stocks? People have thought that penny stocks are the best kept secret, however few of them know the ins and outs of penny stocks. This video will highlight the importance of research when thinking of trading penny stocks.
Today's Stocks to Watch | A Look at the Best Stocks to Watch for May 24, 2012
- Length: 4:11
- Views: 1
- Author: Autochartist
This is James Hyerczyk with today's Autochartist (www.autochartist.com) Stocks to Watch for Thursday, May 24, 2012. The major stock indices are showing signs of bottoming. This is helping individual stocks to stabilize. Two stocks that may be attracting buying interest are 3M and United Technologies. These two equities are the Stocks to Watch today. Following a prolonged move down in terms of price and time, 3M Corp., stock symbol MMM, has formed a 3-Point Extension Fibonacci pattern on the 1440-minute chart. Our technical analysis of stock trends suggests that the stock may rally into a series of Fibonacci price levels ranging from 85.62 to 94.28. Stock market technical analysis indicates that this Fibonacci pattern may be attractive to both trend and counter-trend traders. Since the main trend is down, trend traders may want to wait for a retracement into the 50% to 61.8% price levels at 86.45 to 87.28 for an opportunity to add to their short-positions. Counter-trend traders, on the other hand, may want to trade the long side for a quick rally into the Fibonacci retracement levels. Momentum is going to control the short-term direction of this stock. Upside momentum will drive the market into the retracement zone while downside momentum will likely mean a break through the bottom at 82.95 and a resumption of the downtrend. United Technologies, symbol UTX, is another stock to watch today. Our equity research has determined that the stock is currently trading inside of a ...
Morgan Stanley to adjust prices on Facebook trades
- Length: 8:11
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- Author: jasondavis13
(Reuters) - Morgan Stanley told brokers on Wednesday it is reviewing every Facebook Inc trade and will make price adjustments for retail customers who paid too much during the social network company's debut last week, according to an internal memo. Morgan Stanley, the lead underwriter of Facebook's initial public offering on Friday, in the memo also said "many" of the first-day trades have now been processed and are appearing in client accounts. The company did not specify how much it expected to pay in total price adjustments. "All orders are currently being reviewed for best execution pricing," the memo, which was obtained by Reuters, said. "We expect there will be a number of price adjustments. The largest adjustments will be processed first over the next several days and the remaining adjustments will be completed as quickly and as thoroughly as possible." A "very limited number of orders" are still pending, but Morgan Stanley told its more than 17000 brokers that it expects to have remaining orders resolved and booked Wednesday. Morgan Stanley confirmed the contents of the memo but declined to elaborate. Facebook's highly anticipated market debut Friday was beset by trading glitches on the Nasdaq stock market. The opening of trading in the social networking company's new shares was delayed by about 30 minutes. Shares priced by underwriters at $38 briefly rose to $45 in early trading but then fell and ended on Friday little changed. A significant number of investors ...
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