Chapter 723
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Mark refused to attend Jerry Williams' funeral because of the quarrel, which further angered Donald.
In fact, it is not mark's intention to annoy Donald, but that he is not abnormal enough to kill people to attend his funeral. Now mark believes in fate. People are doing it. Heaven is watching. There will be retribution in life, not not not not reporting, but the time has not come.
Jerry is recognized as the political spokesman of mark and mm group, and now his reputation is so bad that if he stands for it, he will arouse public anger and resistance.
Even Megan, the prospective daughter-in-law, voted for it, which shows that the situation is serious.
Mark donated 200 million funds to the region from the foundation under his control to buy anti-cancer drugs for the majority of cancer victims in the region. The news improved their image. Bi Jing, when the war broke out, there was no mm group, and no one blamed them for all this, but if they were the Jerry platform themselves, it would be another matter.
Even Megan went to the funeral with Donald's girlfriend, not MM's co chairman of the board of directors.
Water can carry a boat and overturn it. Mm is not strong enough to ignore public opinion.
This news corporation is stronger than mm, but a "eavesdropping door" will hurt their vitality. They have been licking their wounds for the past two years.
Donald went on vacation in Europe after the funeral and didn't even attend the book ringing bell.
This once mighty king of social networks is fading out of people's sight.
However, the myth of face-to-face book, which is widely expected, did not continue after the listing. It fell on the first day of listing. After four trading days, the share price of face-to-face book was still difficult to stop the decline, which undoubtedly salvaged the short selling institutions, and the previous enthusiastic investors and chasing new capital also began to become emotionally disturbed and leave temporarily.
From May 23, after the two trading days' limit, the share price of noodle book closed at the integer level of $32, while the share price of noodle Book hovered at $31 on that trading day.
At this disturbing moment, what is more unexpected is that retail investors sued face-to-face book on that day, and several major underwriters also exposed negative news. However, it is good that this situation did not have a serious impact on the share price of face-to-face book.
However, according to the official statistics of NASDAQ, some investors have begun to give up face-to-face books and choose to leave. As of the closing in the afternoon of May 23, the stock trading volume on that day was 73.21 million hands, only 72% of the previous trading day, and only 43% compared with the 21st, while the madness of 579 million hands on the first trading day has gone away.
Insiders said that retail investors who hope to make short-term profits have sold all their stocks, and the shorting of shorting institutions has been basically completed. For this situation, it can be considered that the board of directors chose to increase the IPO shares and expand the proportion of retail investors to be listed at the highest valuation. Paying too much attention to the price of IPO is a major failure of the book. Too many retail investors have obtained their own shares in the IPO, and the demand of the whole market is not as large as expected.
The tragedy may close the door of technology IPO again. It can be said that the listing of face-to-face books is an important symbol of the recovery of IPO in the technology industry. However, after the disastrous failure of IPO of US $16 billion, the recovery journey of IPO in the technology industry seems to have become bumpy again. For institutional investors, although they know that the stock market is changing rapidly, the failure of face-to-face book still makes investors very sorry and depressed.
IPO experts from research institutions said that the failure of face-to-face book will temporarily freeze the IPO market, and then the whole market needs to stabilize before there is new progress, which also makes more companies and investors understand that IPO itself is a kind of risk.
From the situation after the IPO of the whole face book, the stock price fell by more than 18% in the first three trading days of listing, and barely rose by 3% to above $32 on the fourth trading day, but it was still 15% lower than the issue price.
What makes investors more depressed is that there are negative news exposure almost every day after the IPO, and the underwriter Morgan Stanley has lowered the revenue expectation of the book a few days before the IPO, but such important information is only known to a very few large customers. Such a situation shows that the information is not fully disclosed in the process of face-to-face IPO. According to the regulations of the securities and Exchange Commission, any listed company must disclose the information to professionals or key customers at the same time.
Morgan Stanley doesn't seem to be interested in such doubts. It even believes that it has followed the procedures and complied with the fixed requirements of the regulatory authorities in the process of face-to-face IPO. Obviously, the practice of only disclosing important information to major customers has also sounded the market alarm again, and many retail investors have become wronged and paid a price, A few so-called important customers can get inside information.
Before that, many people hoped that the listing of face-to-face books could promote the whole IPO market, but now this idea has been dashed. Several Wall Street companies have temporarily postponed IPO transactions on the grounds of poor market environment.
After the collapse of the Internet bubble, after 10 years of hard work, the technology industry of the US has restarted IPO, but the failure of the book will shut the door down again. We can even believe that the failure of the book has closed the IPO door of the technology industry again.
At this critical juncture, at the request of the board of directors, several major shareholders gathered together to discuss major plans.
The people elected mark as the host. In fact, they just wanted to hear the opinions of mark, the hand of God.
Mark said: "It seems that we need to be more sober about the listing of face-to-face books. The feast of investors is not the success of face-to-face books. IPO is just a new starting point for face-to-face books. After face-to-face books, more new achievements and elements are needed to attract potential investors. According to the IPO documents submitted by face-to-face books, the company's revenue in fiscal year 2009 was US $3.71 billion and its net profit was US $1 billion, but Advertising revenue is still the main source of revenue for face books. "
The representative of Morgan Stanley said: "This is exactly what we want to ask. The data released by the market research company shows that the share of Facebook in the display advertising market increased to 27.9% in the first quarter of 2010, significantly higher than the 21% of the previous year, while Yahoo only accounts for 11% of the market. However, such a result can not guarantee that Facebook will overwhelm Google in the market, and Google will also open Starting to try to launch a new social network service such as Google +, it can be said that the competition faced by the book is still very large, and the single business model also makes its profitability questioned. On the other hand, the book's major weakness is whether its user data is open. The book still has great difficulties in protecting user privacy and persuading large enterprises to invest more advertising budgets , it's not easy to convert the huge number of users into profits. In contrast, apple can make tens or even hundreds of dollars from a single user, while Facebook can only make one dollar. "
After listening to this guy's nagging, Mark said, "don't you know I'm a major shareholder of Pingguo company? Otherwise you'll open it."
On the surface, mark has become a major shareholder because mm holds 10% of Pingguo's shares, but his family fund or controlled company has been building positions and buying. This part is more, nearly 12%, which is only scattered in the hands of dozens of companies registered in the Cayman Islands. In fact, it is mainly the love of mark. Although mark is not a member of Pingguo's board of directors, he is definitely the most powerful person in the company Leader.
Mark's sharp words embarrassed the representative.
Mark said mercilessly: "what do you say about Morgan Stanley's reduction of its profit expectation? You're selling mengfa."
Mark's words of hatred aroused everyone's public anger and blamed the representatives of Morgan Stanley.
After the securities and Exchange Commission (SEC) and other regulatory authorities confirmed their involvement in investigating the technical failure of the NASDAQ Exchange platform, and the voices from the market focused on questioning, the suggestion that the lead underwriter Morgan Stanley lowered the profit expectation of the face book before the IPO was suspected of illegal operation.
This is a rare "lowering expectations" , if there is nothing wrong with Facebook's undisguised disclosure and risk tips on major issues in the listing prospectus, then it is reasonable that Morgan Stanley, the lead underwriter, pointed out in its SEC filing that the trend of users' Internet devices from desktop computers to mobile terminals is fast, which may lead to a decline in the revenue of face-to-face advertising.
However, after Facebook had started its roadshow, David, an Internet analyst at Morgan Stanley, revealed to the company's institutional investors that he had lowered his profit forecast for the second quarter of Facebook and the revenue forecast for the whole year of 2010. Moreover, the "news of lowering the forecast" occurred just before the increase in the offering price and the number of shares issued, which easily made investors in the market suspicious, "Is Morgan Stanley also bearish and long on IPO?"
Reuters quoted people familiar with the matter as saying that * * * * and Goldman Sachs, both underwriting teams, also adjusted their expectations in their documents submitted to the SEC on May 9.
Almost everyone knows that during the IPO roadshow, the main underwriters rarely adjust their expectations, or they should try their best to package listed companies to stimulate investors' interest. I don't know whether such a rare thing will happen because Facebook has been showing a hot overbought market, or there are really other motives, which makes retail investors Sue Morgan Stanley Go to court.
In the face of the investigation summons issued by Massachusetts to Morgan Stanley, a Morgan Stanley spokesman denied the violation in a public statement. "Morgan Stanley follows exactly the same procedures as all IPO matters when issuing new shares in a face-to-face letter, and the procedures fully comply with the application specifications."
But for these aggressive shareholders who are ready to choose others, he dare not do so. He said: "this is a technical failure. A guy who is dissatisfied with the company has done a good thing. He has left now."
Mark didn't want to let him go easily: "what do you say about your losses? Don't think I don't know. There are many people shorting face books!"
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Mark refused to attend Jerry Williams' funeral because of the quarrel, which further angered Donald.
In fact, it is not mark's intention to annoy Donald, but that he is not abnormal enough to kill people to attend his funeral. Now mark believes in fate. People are doing it. Heaven is watching. There will be retribution in life, not not not not reporting, but the time has not come.
Jerry is recognized as the political spokesman of mark and mm group, and now his reputation is so bad that if he stands for it, he will arouse public anger and resistance.
Even Megan, the prospective daughter-in-law, voted for it, which shows that the situation is serious.
Mark donated 200 million funds to the region from the foundation under his control to buy anti-cancer drugs for the majority of cancer victims in the region. The news improved their image. Bi Jing, when the war broke out, there was no mm group, and no one blamed them for all this, but if they were the Jerry platform themselves, it would be another matter.
Even Megan went to the funeral with Donald's girlfriend, not MM's co chairman of the board of directors.
Water can carry a boat and overturn it. Mm is not strong enough to ignore public opinion.
This news corporation is stronger than mm, but a "eavesdropping door" will hurt their vitality. They have been licking their wounds for the past two years.
Donald went on vacation in Europe after the funeral and didn't even attend the book ringing bell.
This once mighty king of social networks is fading out of people's sight.
However, the myth of face-to-face book, which is widely expected, did not continue after the listing. It fell on the first day of listing. After four trading days, the share price of face-to-face book was still difficult to stop the decline, which undoubtedly salvaged the short selling institutions, and the previous enthusiastic investors and chasing new capital also began to become emotionally disturbed and leave temporarily.
From May 23, after the two trading days' limit, the share price of noodle book closed at the integer level of $32, while the share price of noodle Book hovered at $31 on that trading day.
At this disturbing moment, what is more unexpected is that retail investors sued face-to-face book on that day, and several major underwriters also exposed negative news. However, it is good that this situation did not have a serious impact on the share price of face-to-face book.
However, according to the official statistics of NASDAQ, some investors have begun to give up face-to-face books and choose to leave. As of the closing in the afternoon of May 23, the stock trading volume on that day was 73.21 million hands, only 72% of the previous trading day, and only 43% compared with the 21st, while the madness of 579 million hands on the first trading day has gone away.
Insiders said that retail investors who hope to make short-term profits have sold all their stocks, and the shorting of shorting institutions has been basically completed. For this situation, it can be considered that the board of directors chose to increase the IPO shares and expand the proportion of retail investors to be listed at the highest valuation. Paying too much attention to the price of IPO is a major failure of the book. Too many retail investors have obtained their own shares in the IPO, and the demand of the whole market is not as large as expected.
The tragedy may close the door of technology IPO again. It can be said that the listing of face-to-face books is an important symbol of the recovery of IPO in the technology industry. However, after the disastrous failure of IPO of US $16 billion, the recovery journey of IPO in the technology industry seems to have become bumpy again. For institutional investors, although they know that the stock market is changing rapidly, the failure of face-to-face book still makes investors very sorry and depressed.
IPO experts from research institutions said that the failure of face-to-face book will temporarily freeze the IPO market, and then the whole market needs to stabilize before there is new progress, which also makes more companies and investors understand that IPO itself is a kind of risk.
From the situation after the IPO of the whole face book, the stock price fell by more than 18% in the first three trading days of listing, and barely rose by 3% to above $32 on the fourth trading day, but it was still 15% lower than the issue price.
What makes investors more depressed is that there are negative news exposure almost every day after the IPO, and the underwriter Morgan Stanley has lowered the revenue expectation of the book a few days before the IPO, but such important information is only known to a very few large customers. Such a situation shows that the information is not fully disclosed in the process of face-to-face IPO. According to the regulations of the securities and Exchange Commission, any listed company must disclose the information to professionals or key customers at the same time.
Morgan Stanley doesn't seem to be interested in such doubts. It even believes that it has followed the procedures and complied with the fixed requirements of the regulatory authorities in the process of face-to-face IPO. Obviously, the practice of only disclosing important information to major customers has also sounded the market alarm again, and many retail investors have become wronged and paid a price, A few so-called important customers can get inside information.
Before that, many people hoped that the listing of face-to-face books could promote the whole IPO market, but now this idea has been dashed. Several Wall Street companies have temporarily postponed IPO transactions on the grounds of poor market environment.
After the collapse of the Internet bubble, after 10 years of hard work, the technology industry of the US has restarted IPO, but the failure of the book will shut the door down again. We can even believe that the failure of the book has closed the IPO door of the technology industry again.
At this critical juncture, at the request of the board of directors, several major shareholders gathered together to discuss major plans.
The people elected mark as the host. In fact, they just wanted to hear the opinions of mark, the hand of God.
Mark said: "It seems that we need to be more sober about the listing of face-to-face books. The feast of investors is not the success of face-to-face books. IPO is just a new starting point for face-to-face books. After face-to-face books, more new achievements and elements are needed to attract potential investors. According to the IPO documents submitted by face-to-face books, the company's revenue in fiscal year 2009 was US $3.71 billion and its net profit was US $1 billion, but Advertising revenue is still the main source of revenue for face books. "
The representative of Morgan Stanley said: "This is exactly what we want to ask. The data released by the market research company shows that the share of Facebook in the display advertising market increased to 27.9% in the first quarter of 2010, significantly higher than the 21% of the previous year, while Yahoo only accounts for 11% of the market. However, such a result can not guarantee that Facebook will overwhelm Google in the market, and Google will also open Starting to try to launch a new social network service such as Google +, it can be said that the competition faced by the book is still very large, and the single business model also makes its profitability questioned. On the other hand, the book's major weakness is whether its user data is open. The book still has great difficulties in protecting user privacy and persuading large enterprises to invest more advertising budgets , it's not easy to convert the huge number of users into profits. In contrast, apple can make tens or even hundreds of dollars from a single user, while Facebook can only make one dollar. "
After listening to this guy's nagging, Mark said, "don't you know I'm a major shareholder of Pingguo company? Otherwise you'll open it."
On the surface, mark has become a major shareholder because mm holds 10% of Pingguo's shares, but his family fund or controlled company has been building positions and buying. This part is more, nearly 12%, which is only scattered in the hands of dozens of companies registered in the Cayman Islands. In fact, it is mainly the love of mark. Although mark is not a member of Pingguo's board of directors, he is definitely the most powerful person in the company Leader.
Mark's sharp words embarrassed the representative.
Mark said mercilessly: "what do you say about Morgan Stanley's reduction of its profit expectation? You're selling mengfa."
Mark's words of hatred aroused everyone's public anger and blamed the representatives of Morgan Stanley.
After the securities and Exchange Commission (SEC) and other regulatory authorities confirmed their involvement in investigating the technical failure of the NASDAQ Exchange platform, and the voices from the market focused on questioning, the suggestion that the lead underwriter Morgan Stanley lowered the profit expectation of the face book before the IPO was suspected of illegal operation.
This is a rare "lowering expectations" , if there is nothing wrong with Facebook's undisguised disclosure and risk tips on major issues in the listing prospectus, then it is reasonable that Morgan Stanley, the lead underwriter, pointed out in its SEC filing that the trend of users' Internet devices from desktop computers to mobile terminals is fast, which may lead to a decline in the revenue of face-to-face advertising.
However, after Facebook had started its roadshow, David, an Internet analyst at Morgan Stanley, revealed to the company's institutional investors that he had lowered his profit forecast for the second quarter of Facebook and the revenue forecast for the whole year of 2010. Moreover, the "news of lowering the forecast" occurred just before the increase in the offering price and the number of shares issued, which easily made investors in the market suspicious, "Is Morgan Stanley also bearish and long on IPO?"
Reuters quoted people familiar with the matter as saying that * * * * and Goldman Sachs, both underwriting teams, also adjusted their expectations in their documents submitted to the SEC on May 9.
Almost everyone knows that during the IPO roadshow, the main underwriters rarely adjust their expectations, or they should try their best to package listed companies to stimulate investors' interest. I don't know whether such a rare thing will happen because Facebook has been showing a hot overbought market, or there are really other motives, which makes retail investors Sue Morgan Stanley Go to court.
In the face of the investigation summons issued by Massachusetts to Morgan Stanley, a Morgan Stanley spokesman denied the violation in a public statement. "Morgan Stanley follows exactly the same procedures as all IPO matters when issuing new shares in a face-to-face letter, and the procedures fully comply with the application specifications."
But for these aggressive shareholders who are ready to choose others, he dare not do so. He said: "this is a technical failure. A guy who is dissatisfied with the company has done a good thing. He has left now."
Mark didn't want to let him go easily: "what do you say about your losses? Don't think I don't know. There are many people shorting face books!"
Mark refused to attend Jerry Williams' funeral because of the quarrel, which further angered Donald.In fact, it is not mark's intention to annoy Donald, but that he is not abnormal enough to kill people to attend his funeral. Now mark believes in fate. People are doing it. Heaven is watching. There will be retribution in life, not not not not reporting, but the time has not come.Jerry is recognized as the political spokesman of mark and mm group, and now his reputation is so bad that if he stands for it, he will arouse public anger and resistance.Even Megan, the prospective daughter-in-law, voted for it, which shows that the situation is serious.Mark donated 200 million funds to the region from the foundation under his control to buy anti-cancer drugs for the majority of cancer victims in the region. The news improved their image. Bi Jing, when the war broke out, there was no mm group, and no one blamed them for all this, but if they were the Jerry platform themselves, it would be another matter.Even Megan went to the funeral with Donald's girlfriend, not MM's co chairman of the board of directors.Water can carry a boat and overturn it. Mm is not strong enough to ignore public opinion.This news corporation is stronger than mm, but a "eavesdropping door" will hurt their vitality. They have been licking their wounds for the past two years.Donald went on vacation in Europe after the funeral and didn't even attend the book ringing bell.This once mighty king of social networks is fading out of people's sight.However, the myth of face-to-face book, which is widely expected, did not continue after the listing. It fell on the first day of listing. After four trading days, the share price of face-to-face book was still difficult to stop the decline, which undoubtedly salvaged the short selling institutions, and the previous enthusiastic investors and chasing new capital also began to become emotionally disturbed and leave temporarily.From May 23, after the two trading days' limit, the share price of noodle book closed at the integer level of $32, while the share price of noodle Book hovered at $31 on that trading day.At this disturbing moment, what is more unexpected is that retail investors sued face-to-face book on that day, and several major underwriters also exposed negative news. However, it is good that this situation did not have a serious impact on the share price of face-to-face book.However, according to the official statistics of NASDAQ, some investors have begun to give up face-to-face books and choose to leave. As of the closing in the afternoon of May 23, the stock trading volume on that day was 73.21 million hands, only 72% of the previous trading day, and only 43% compared with the 21st, while the madness of 579 million hands on the first trading day has gone away.Insiders said that retail investors who hope to make short-term profits have sold all their stocks, and the shorting of shorting institutions has been basically completed. For this situation, it can be considered that the board of directors chose to increase the IPO shares and expand the proportion of retail investors to be listed at the highest valuation. Paying too much attention to the price of IPO is a major failure of the book. Too many retail investors have obtained their own shares in the IPO, and the demand of the whole market is not as large as expected.The tragedy may close the door of technology IPO again. It can be said that the listing of face-to-face books is an important symbol of the recovery of IPO in the technology industry. However, after the disastrous failure of IPO of US $16 billion, the recovery journey of IPO in the technology industry seems to have become bumpy again. For institutional investors, although they know that the stock market is changing rapidly, the failure of face-to-face book still makes investors very sorry and depressed.IPO experts from research institutions said that the failure of face-to-face book will temporarily freeze the IPO market, and then the whole market needs to stabilize before there is new progress, which also makes more companies and investors understand that IPO itself is a kind of risk.From the situation after the IPO of the whole face book, the stock price fell by more than 18% in the first three trading days of listing, and barely rose by 3% to above $32 on the fourth trading day, but it was still 15% lower than the issue price.What makes investors more depressed is that there are negative news exposure almost every day after the IPO, and the underwriter Morgan Stanley has lowered the revenue expectation of the book a few days before the IPO, but such important information is only known to a very few large customers. Such a situation shows that the information is not fully disclosed in the process of face-to-face IPO. According to the regulations of the securities and Exchange Commission, any listed company must disclose the information to professionals or key customers at the same time.Morgan Stanley doesn't seem to be interested in such doubts. It even believes that it has followed the procedures and complied with the fixed requirements of the regulatory authorities in the process of face-to-face IPO. Obviously, the practice of only disclosing important information to major customers has also sounded the market alarm again, and many retail investors have become wronged and paid a price, A few so-called important customers can get inside information.Before that, many people hoped that the listing of face-to-face books could promote the whole IPO market, but now this idea has been dashed. Several Wall Street companies have temporarily postponed IPO transactions on the grounds of poor market environment.After the collapse of the Internet bubble, after 10 years of hard work, the technology industry of the US has restarted IPO, but the failure of the book will shut the door down again. We can even believe that the failure of the book has closed the IPO door of the technology industry again.At this critical juncture, at the request of the board of directors, several major shareholders gathered together to discuss major plans.The people elected mark as the host. In fact, they just wanted to hear the opinions of mark, the hand of God.Mark said: "It seems that we need to be more sober about the listing of face-to-face books. The feast of investors is not the success of face-to-face books. IPO is just a new starting point for face-to-face books. After face-to-face books, more new achievements and elements are needed to attract potential investors. According to the IPO documents submitted by face-to-face books, the company's revenue in fiscal year 2009 was US $3.71 billion and its net profit was US $1 billion, but Advertising revenue is still the main source of revenue for face books. "The representative of Morgan Stanley said: "This is exactly what we want to ask. The data released by the market research company shows that the share of Facebook in the display advertising market increased to 27.9% in the first quarter of 2010, significantly higher than the 21% of the previous year, while Yahoo only accounts for 11% of the market. However, such a result can not guarantee that Facebook will overwhelm Google in the market, and Google will also open Starting to try to launch a new social network service such as Google +, it can be said that the competition faced by the book is still very large, and the single business model also makes its profitability questioned. On the other hand, the book's major weakness is whether its user data is open. The book still has great difficulties in protecting user privacy and persuading large enterprises to invest more advertising budgets , it's not easy to convert the huge number of users into profits. In contrast, apple can make tens or even hundreds of dollars from a single user, while Facebook can only make one dollar. "After listening to this guy's nagging, Mark said, "don't you know I'm a major shareholder of Pingguo company? Otherwise you'll open it."On the surface, mark has become a major shareholder because mm holds 10% of Pingguo's shares, but his family fund or controlled company has been building positions and buying. This part is more, nearly 12%, which is only scattered in the hands of dozens of companies registered in the Cayman Islands. In fact, it is mainly the love of mark. Although mark is not a member of Pingguo's board of directors, he is definitely the most powerful person in the company Leader.Mark's sharp words embarrassed the representative.Mark said mercilessly: "what do you say about Morgan Stanley's reduction of its profit expectation? You're selling mengfa."Mark's words of hatred aroused everyone's public anger and blamed the representatives of Morgan Stanley.After the securities and Exchange Commission SEC and other regulatory authorities confirmed their involvement in investigating the technical failure of the NASDAQ Exchange platform, and the voices from the market focused on questioning, the suggestion that the lead underwriter Morgan Stanley lowered the profit expectation of the face book before the IPO was suspected of illegal operation.This is a rare "lowering expectations" , if there is nothing wrong with Facebook's undisguised disclosure and risk tips on major issues in the listing prospectus, then it is reasonable that Morgan Stanley, the lead underwriter, pointed out in its SEC filing that the trend of users' Internet devices from desktop computers to mobile terminals is fast, which may lead to a decline in the revenue of face-to-face advertising.However, after Facebook had started its roadshow, David, an Internet analyst at Morgan Stanley, revealed to the company's institutional investors that he had lowered his profit forecast for the second quarter of Facebook and the revenue forecast for the whole year of 2010. Moreover, the "news of lowering the forecast" occurred just before the increase in the offering price and the number of shares issued, which easily made investors in the market suspicious, "Is Morgan Stanley also bearish and long on IPO?"Reuters quoted people familiar with the matter as saying that * * * * and Goldman Sachs, both underwriting teams, also adjusted their expectations in their documents submitted to the SEC on May 9.Almost everyone knows that during the IPO roadshow, the main underwriters rarely adjust their expectations, or they should try their best to package listed companies to stimulate investors' interest. I don't know whether such a rare thing will happen because Facebook has been showing a hot overbought market, or there are really other motives, which makes retail investors Sue Morgan Stanley Go to court.In the face of the investigation summons issued by Massachusetts to Morgan Stanley, a Morgan Stanley spokesman denied the violation in a public statement. "Morgan Stanley follows exactly the same procedures as all IPO matters when issuing new shares in a face-to-face letter, and the procedures fully comply with the application specifications."But for these aggressive shareholders who are ready to choose others, he dare not do so. He said: "this is a technical failure. A guy who is dissatisfied with the company has done a good thing. He has left now."Mark didn't want to let him go easily: "what do you say about your losses? Don't think I don't know. There are many people shorting face books!"
