FB admitted as much in a filing prior to the IPO, and then doubled-down Bobo-style by simultaneously raising the IPO issue price...
This whole imbroglio will become a textbook example of how to not just get away with malfeasance, but cash in on it -- pity Zuckerturd's generation simply doesn't care.
FB admitted as much in a filing prior to the IPO, and then doubled-down Bobo-style by simultaneously raising the IPO issue price...
You are right but everyone (IPO touts and investors) pretty much glossed over this facebook problem with mobile devices. Facebook can go down some more because in the next four months early investors and insiders will be allowed to sell their shares that were legally on hold as part of the IPO