Facebook IPO day two, just “move along”

| May 21, 2012

So much for day two of the Facebook IPO … no need to look here for some stock market excitement. As the Star Wars line goes, “These aren’t the droids you’re looking for … move along.”  Perhaps there was just too much hype? Thankfully I didn’t jump when offered a few shares at $38 … [...]

The highly anticipated Facebook IPO was priced right for day 1

| May 18, 2012

Facebook made it stock market debut today with a $5 move from the $38 IPO price to above $42/share and then kind of drifted back to close the day at $38.23. There was plenty of interest. Lots of hype and even a NASDAQ snag to prevent an on time opening this morning. For employees of [...]

Facebook priced at $38/share as investors head for Treasuries

| May 17, 2012

Stock market heads down again as investors and traders head for the sidelines and U.S. Treasuries, which by the way are hitting all time lows. In fact the 10-year note closed at 1.70% yield … a record low yield for the security of U.S. notes. On the other hand the much anticipated Facebook IPO (FB) [...]

Is FB – Facebook – ready to go public?

| February 2, 2012

Yup … FB .. that’s the stock exchange symbol for Facebook; the biggest IPO of the year, or past few years. This will be the largest web-based company to have an initial public offering since GOOG went public (believe it or not, GM in 2010 was the overall largest). It will instantly turn Mr. Zuckerberg [...]

Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.