SERVING THE QUANTITATIVE FINANCE COMMUNITY

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frenchX
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May 18th, 2012, 2:14 pm

QuoteOriginally posted by: edouardQuoteTRADING HAS BEEN HALTED FOR FB:US - REASON NOT AVAILABLEWhat the f*ck ? Thank you Mr Circuit Breaker
Last edited by frenchX on May 17th, 2012, 10:00 pm, edited 1 time in total.
 
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ppauper
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May 18th, 2012, 2:19 pm

QuoteOriginally posted by: outrunBono who lost $300M with his Palm investment now makes $1.3B on Facebook. Congrats!captain capitalism
 
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trackstar
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May 18th, 2012, 2:30 pm

QuoteOriginally posted by: frenchXQuoteOriginally posted by: edouardQuoteTRADING HAS BEEN HALTED FOR FB:US - REASON NOT AVAILABLEWhat the f*ck ? Thank you Mr Circuit Breaker Not classic circuit breakers, though there is a new regime as well:Circuit Breakers May Halt Facebook After $16 Billion IPO Opens - Bloomberg May 18"...Investors trading Facebook Inc. (FB) after its $16 billion initial public offering opens may have to navigate circuit breakers adopted after the crash of May 2010. Stocks that rise or fall 10 percent or more within five minutes are paused across all 13 U.S. equity exchanges and other markets to curb volatility. Trading in Caesars Entertainment Corp. (CZR), a casino company, was halted on the first day of trading on Feb. 8 after the stock rose 50 percent minutes after the IPO."...The pauses only last for five minutes though - then the pent-up demand is unleashed again. Given that interruption of natural flow, I wonder if there could be so much volume that they would need to restore an orderly process for clearing trades...Shorts are probably going very aggressive too - with related consequences.
Last edited by trackstar on May 17th, 2012, 10:00 pm, edited 1 time in total.
 
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trackstar
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May 18th, 2012, 2:43 pm

PS: you really need to make up your mind.Do you want market regulation aimed at producing orderly trading processes and semi-rational outcomes, or do you just want to let it all ride?
 
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Traden4Alpha
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May 18th, 2012, 2:46 pm

Given how long FB has been trading on private secondary markets, I can't see how the closing price can be much different from the IPO price. And given the large number of insiders and early investors selling into this IPO it looks like the whales are dumping shares on the minnows.But as Keynesian beauty contest, FB is a winner (at least until something happens). P.S. At the moment it's trading @39/sh, only +$1 from the IPO price.
Last edited by Traden4Alpha on May 17th, 2012, 10:00 pm, edited 1 time in total.
 
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tagoma
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May 18th, 2012, 3:09 pm

people are tweeting $FB 39USD = Failbook
 
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Hansi
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May 18th, 2012, 3:14 pm

Ah yes, tweets are the new CNBC aren't they.
 
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Traden4Alpha
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May 18th, 2012, 3:17 pm

QuoteOriginally posted by: HansiAh yes, tweets are the new CNBC aren't they.Indeed! Twitter == Jim Cramer without the sound effects
 
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Hansi
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May 18th, 2012, 3:24 pm

Heck I hadn't even looked at my twitter feed today since I'm on holiday, sipping bear in 30 deg and sun but it's 95% facebook related since the the listing went life
 
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tagoma
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May 18th, 2012, 4:26 pm

QuoteOriginally posted by: HansiHeck I hadn't even looked at my twitter feed today since I'm on holiday, sipping bear in 30 deg and sun but it's 95% facebook related since the the listing went life are you staying in Africa, Asia, northern Australia, Central America ?
Last edited by tagoma on May 17th, 2012, 10:00 pm, edited 1 time in total.
 
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Hansi
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May 18th, 2012, 4:47 pm

QuoteOriginally posted by: edouardQuoteOriginally posted by: HansiHeck I hadn't even looked at my twitter feed today since I'm on holiday, sipping bear in 30 deg and sun but it's 95% facebook related since the the listing went life are you staying in Africa, Asia, northern Australia, Central America ?Spain actually.$FB is owning Twitter:
Last edited by Hansi on May 17th, 2012, 10:00 pm, edited 1 time in total.
 
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tagoma
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May 18th, 2012, 6:17 pm

QuoteOriginally posted by: outrunThe close is going to be 40.2839.17 right now ....
 
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Traden4Alpha
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May 18th, 2012, 6:37 pm

QuoteOriginally posted by: edouardQuoteOriginally posted by: outrunThe close is going to be 40.2839.17 right now ....38.02 right now ....
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