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Wanka

10/30/14 3:03 PM

#32314 RE: Phil34653 #32312

Yep. All over. Lots of chatter about it. Doesn't mean all 180 will be sold but you bet a lot will be.

mahi mahi man

10/30/14 4:12 PM

#32319 RE: Phil34653 #32312

This is all I could find........


Facebook’s shares are down 6% in the pre-market this morning (they were down as much as 10% last night) following Q3 results that were better than expected. The cause of the intial decline is the forward guidance given that did not excite plus the registration of 180 million shares rewarded to the founders and investors of the recently closed $22 billion WhatsApp acquisition. While we were not inclined to take a position prior to the report, we were fairly skeptical of the company’s ability to match very high expectations with the stock just below all time highs, up some 47% on the year. Heading into the print, FB sported a market cap of $209 billion on an expected $12 billion of sales in 2014. In most any other period in history, exluding of course the late 1990s, this sort of valuation would be deemed to be pure fantasy.