Report: Facebook IPO landing May 17

 

Report: Facebook IPO landing May 17.

Well here is some long awaited news. The facebook IPO is finally about to take flight, how I would describe it. The corporate giant facebook is valued at just about $100 Billion dollars and the IPO is said to roll out May 17th  and sell for at or around $40… WOW!

I would expect that to be around Google values in a somewhat short period of time.. Although the whales are sitting sideline for a while to see what happens with the facebook opener…

Really, it is a little hard to tell, however there will definitely be a much more wide spread share purchase I would imagine, seeing as half the world is on facebook. There has also been much hype.

Will the sheer number of investors outweigh the few BIG investors?  –  BIG investors I refer to as “whales” as a casino would…