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**Haremporblape** · 05-18-2012, 03:50 PM

26 Minutes In And... Still Nothing
Submitted by Tyler Durden on 05/18/2012 - 11:27 Market Conditions Yes, we are all waiting for what is increasingly becoming an epic disaster. In the meantime there is this:

TRADERS FOR FACEBOOK HAVING PROBLEMS CHANGING/CANCELING ORDERS:WSJ...

We believe CANCELING is the operative word. Of course, Europe is about to close which according to some may be the catalyst. In other news, nobody even dare think, let alone whipser "Market Conditions" ZH link

UPDATE: Algos defending $40.00 desparately! 115mm shares From the $38 IPO price, we open at $42.05 (now at $40.1) but we note that in Germany it has tumbled from well over EUR90 earlier. We get the sense the media is disappointed, but of course they will be talking longer-term now and defending a weaker-than-expected open: CNBC: "I just want to make sure we don't whip ourselves into a frenzy on the short term value." - perhaps a little late for that eh? ZH link

Maybe it's just going to crater.

05-18-2012, 03:50 PM	#14
Haremporblape Join Date Oct 2005 Posts 440 Senior Member	26 Minutes In And... Still Nothing Submitted by Tyler Durden on 05/18/2012 - 11:27 Market Conditions Yes, we are all waiting for what is increasingly becoming an epic disaster. In the meantime there is this: TRADERS FOR FACEBOOK HAVING PROBLEMS CHANGING/CANCELING ORDERS:WSJ... We believe CANCELING is the operative word. Of course, Europe is about to close which according to some may be the catalyst. In other news, nobody even dare think, let alone whipser "Market Conditions" ZH link UPDATE: Algos defending $40.00 desparately! 115mm shares From the $38 IPO price, we open at $42.05 (now at $40.1) but we note that in Germany it has tumbled from well over EUR90 earlier. We get the sense the media is disappointed, but of course they will be talking longer-term now and defending a weaker-than-expected open: CNBC: "I just want to make sure we don't whip ourselves into a frenzy on the short term value." - perhaps a little late for that eh? ZH link Maybe it's just going to crater.
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