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---- Facebook's Anticipated Share Price Raised From $28-$35 to $34-$38


aleksl - 3:21 pm on May 17, 2012 (gmt 0)


"The company said strong demand had pushed up the price. "

Ha-ha. Golmdan Sachs who owns the majority of shares throuhg its many affiliates (such as "russian" DST who operates with Golman's money, and probably many Goldman's clients too) said to make it a $100 Bln.

Had there've been any serious business prospects - say, like Google or Apple has - why would Goldman Sachs push it to IPO...

Hence, it is a classical pump-n-dump.


Buying it would be just foolish gambling, IMHO.


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