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Cold Fusion Guy- On the Facebook IPOFacebook Shows There's a Sucker Born Every Minute Excerpt: Consider that as Facebook readied its IPO, there was a lot of shifty business: On May 15, the price was boosted to $38 from a range that bottomed at $28. The next day, the offering size swelled by 50 million shares. Then came a disclosure that insiders would sell 53% more shares, or 84 million s […]
- On the Facebook IPO
