I wonder if Zuckerman has some leverage over the brokers using Facebook network which could have nudged the money guys to go higher on stock price than they otherwise would have.
“I wonder if Zuckerman has some leverage over the brokers using Facebook network which could have nudged the money guys to go higher on stock price than they otherwise would have.”
I read something yesterday that the blame was on Zuckerberg for not caring about the IPO. In truth, the problem as I see it is when this stock opened, everyone who was anyone already cashed out and made their money, which left the public to fend for themselves.
What I want to know is did the brokerage houses tout this stock to the public knowing full well it was going to tank?