Examining Facebook's Binary Options
One week until the Facebook IPO and I'm waiting for the countdown clock to be put up on TV or a little bug on some financial website similar to what CBSSportsline did for the NFL Draft.
And maybe this is an exercise in futility, but I've been tracking the binary options in FB, which have been trading for several months now. I've put together a few different charts to try and drown out the media noise and press. Much of what I'm reading has been negative and just yesterday we saw a Bloomberg piece saying institutional demand was weak, yet later in the evening Reuters had an article talking about how FB shares were oversubscribed. ...500 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.