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Facebook (FB) Stock IPO Forum - Live Discussion

Facebook (FB) Stock will IPO today after 11am EST time.  If you are trading or watching FB stock today, comment below on any thoughts or trading plans.  Comments move to the top so this is the easiest way for us to have a forum discussion.

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Comment by Stocks To Buy on May 18, 2012 at 6:12pm

SEC looking into the trade execution on Facebook now - some people still don't know if they bought or sold because it still says pending...

Comment by Mikhoul on May 18, 2012 at 4:10pm

Worst IPO since a long time... FB should have been traded on BATS It could be just better and smooth...

Missed my plan with the delay on opening and the 2 halts on ZNGA.

I will keep my position in ZNGA as along till $10.00 at least with ZNGA I know thew value of the company.

Good Week-end to all


Comment by orlando on May 18, 2012 at 3:52pm

IPO was overhyped.... too many shares available

Comment by orlando on May 18, 2012 at 3:52pm

I immediately tried selling as soon as the stock was trading... I got the message "not enough shares available" right after that I cancelled the open order... kept refreshing and did cancel all pending orders a couple times.. 20 minutes later the pending cancel cleared.

They should had waited longer to open the trading on FB until the issues were resolved... I wonder how many swing traders were screwed by this problem

Comment by Kutty on May 18, 2012 at 3:41pm

Pending cancel with FB for couple of hours in Scottrade

Comment by HJC on May 18, 2012 at 3:37pm

I placed an order this morning for 42, it was not filled after 1 hour of trading and I decided to cancel it. It remained in "deleting" status for 3 hours and then just got filled at.... 42! Got screwed. 

Comment by DLY on May 18, 2012 at 3:16pm

Pending cancel..... i dont know if my order was filled or not.

Comment by Mikhoul on May 18, 2012 at 2:15pm

I hold (keep) on Zynga since he seem to follow Nasdaq Composite Index it SHOULD raise on any good news and will sell @ 10.00 with a trailing stop with a delta of 10cents.  Hold over 6000 share.

Comment by Mikhoul on May 18, 2012 at 2:10pm

I think i'm going to hold zynga, argh I outsmarted my self I was able to buy FB at 38

Everybody was thinking FB was hitting the market at 44 and sharply raise, so you've not been dumb....   Evev the IPO have benn delayed by 44 minutes... 2 halts for ZNGA = Bad Print on the tape = TOTAL MESS !!!! :( 

Even now nobody can tell which side FB is going !!!!

Regards from a long on ZNGA unless a miracle pop b4 4:00pm

Comment by oatz on May 18, 2012 at 2:08pm

Man I would have been happy with $10 this is a disaster

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