Facebook will fall below it's offering price ($38) next week
Created by RandomThinker on 2012-05-19; known on 2012-05-26; judged right by RandomThinker on 2012-05-21.
- RandomThinker estimated 55% on 2012-05-19
- RandomThinker said “Morgan Stanley had to prop up the price today. http://www.businessweek.com/news/2012-05-19/facebook-banker-morgan-stanley-props-up-price-it-helped-boost” on 2012-05-19
- gimpf estimated 50% and said “Yes, MS probably has about maximized the current price — which was their job.” on 2012-05-19
- RandomThinker said “@eurg I think that’s too narrow a conception of their job. It’s better to leave a little on the table for others so that FB has a better image with investors. This is not a one-time cashout.” on 2012-05-19
- RandomThinker said “That was fast. It started today @ 35.” on 2012-05-21
- RandomThinker judged this prediction right on 2012-05-21.