One or some giant hedge funds will snap up the initial offering and then sell into the rising share price that the frenzy will generate.

in other words, the rich get richer.

I've gotten into all of the recent big IPO's lately at or near their opening price and then have sold later in the day for big $$$

Put in a limit order for like $40 and then cross your fingers. If it shoots up to $50 or so, put in $55. You just have to keep watching over the first few hours and then trying to *hit* that magic number where you're accepted. Should easily get over $80 in the first day and probably even all through next week.

It's not really a stock for the long term portfolio, but should be a nice play for the next year or so if you can get in at a reasonable price. But if Facebook keeps missing earnings estimates, the price could drop like a rock quickly so keep an eye on it.

facebook.

Right after someone proves to me climate change isn't caused by people. Otherwise the last thing I want to do is encourage & profit from the deaths of furry critters and people the world over.

for individual investors to get these. They will go to large, institutional investors (Pension funds,etc.).