Analyst Articles

“They need to get rid of Zuckerberg. Facebook may have a chance if a talented leader is appointed; otherwise it’s a no-go. The guy is a master at the start-up, but he needs to turn the reigns over to someone else to run the company”, exclaimed an under-the-radar Internet insider I recently chatted with in South Florida.  His words proved semi-prescient as the heavily anticipated Facebook (Nasdaq: FB) IPO has gone down in history as providing the worst return of any large IPO in the past… Read More

“They need to get rid of Zuckerberg. Facebook may have a chance if a talented leader is appointed; otherwise it’s a no-go. The guy is a master at the start-up, but he needs to turn the reigns over to someone else to run the company”, exclaimed an under-the-radar Internet insider I recently chatted with in South Florida.  His words proved semi-prescient as the heavily anticipated Facebook (Nasdaq: FB) IPO has gone down in history as providing the worst return of any large IPO in the past decade.  The massive $16 billion IPO was fraught with issues from its launch on May 18. A lack of communication at Nasdaq appears to be the initial trigger of the strife, causing the IPO to be delayed, and some investors complained that their orders weren’t being filled or that they were getting shares at a much higher price than they wanted.  #-ad_banner-#The confusion resulted in about $115 million in losses for the four major market-makers in the IPO: Knight Capital Group, Citigroup’s Automated Trading Desk,… Read More