Facebook to ring opening NASDAQ bell from home

Facebook's stock should start officially trading to the world on Friday, but the company will be launching its IPO from its home rather than NASDAQ's New York City trading headquarters. VentureBeat is reporting that Facebook and its founder and CEO Mark Zuckerberg, will be ringing the opening bell for the NASDAQ stock exchange from its main offices, located in Menlo Park, California.

This is not exactly an unexpected move. Facebook has been doing things its own way as it prepares to launch the most anticipated IPO event in years. It launched a video "road show" for prospective investors a number of days ago. Zuckerberg didn't attend all of the physical road show dates in the past couple of weeks, and when he did, at least one analyst worried that his wearing of a "hoodie" to a road show appearance was a "mark of immaturity."

In related news, a new filing with the US Securities and Exchange Commission has confirmed that Facebook shares can indeed be traded on NASDAQ. There were a few rumblings that the company's stock launch might be delayed but it now seems that all systems are go for the Facebook IPO launch. The company is expected to announce its stock price on Thursday afternoon.

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Facebook has a much more sound business model than MySpace ever had and Facebook already is more profitable than a lot of other public companies. So, Facebook will not likely suffer the same fate of MySpace since it has a much larger audience and a much more captive audience than Myspace ever had.

I wouldn't touch this stock with money from another person let alone my own.... Facebook will die very soon, just ask Myspace.

sava700 said,
I wouldn't touch this stock with money from another person let alone my own.... Facebook will die very soon, just ask Myspace.

private companies will get to buy facebook stock first. the stock price will go up a bunch. then the public will be able to buy stock. causing the price to go even higher. then the companies will sell leaving the common person with a loss.

basic stock market crap. its just a gamble. but in this case your better off just going to vegas. at least there you can get laid while getting screw too.

Dot com boom version 2.0 here we come.

sava700 said,
I wouldn't touch this stock with money from another person let alone my own.... Facebook will die very soon, just ask Myspace.

Nah, Facebook is almost as popular as the phone number these days.

ShareShiz said,

private companies will get to buy facebook stock first. the stock price will go up a bunch. then the public will be able to buy stock. causing the price to go even higher. then the companies will sell leaving the common person with a loss.

basic stock market crap. its just a gamble. but in this case your better off just going to vegas. at least there you can get laid while getting screw too.

Dot com boom version 2.0 here we come.

first the company's make money, then if you are lucky you might make some too.