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damaya

(107 posts)
Fri Jun 8, 2012, 12:39 PM Jun 2012

Invest in the Facebook IPO? It could be worse!

Since Facebook went public, there have been allegations that prior to the IPO Morgan Stanley selectively disclosed reduced analyst estimates for the company's earnings to certain investors. Speaking of disclosure, the IPO also faced glitches on the first day of trading, as brokers and investors never knew for hours whether their trades went through!

The irony here is we're talking about Facebook, the company that discloses to your friends, co-workers, 90-year old great-grandmother who learned how to use the computer at the retirement home, and random acquaintances that your wife is leaving you in instantaneous real time!

Read more to see 3 Worse Things Than Being A Main Street Investor of Facebook's IPO

http://wp.me/p2qhW3-5u

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