Traders joking, the beginning - page 86

[pavaka]

...

Dow

12,496.15

-6.66

-0.05%

Mark of the Beast:)

[William Snyder]

Tortugas traders new mascot - clothed of course!!

Caption translated: NEVER leave your turtle alone with your Grandmother!!!

[pavaka]

...

... ..:: Penson ::..

...................

[Mladen Rakic]

...

After so much "good news", we are going to get sick

Pava:
... ..:: Penson ::.. ...................

[Mladen Rakic]

...

Ah those "statements"

Facebook – From Stealing Idea to Cheating Investors?

[pavaka]

...

mladen:
Ah those "statements" Facebook – From Stealing Idea to Cheating Investors?

Cool info...today's thieves don't pick your pocket or rob you at gun point... ...an honor amongst "investors"...

[Mladen Rakic]

...

Some more on the same "theme" : Facebook IPO Seen Deepening Investor Distrust of Stocks - Bloomberg

Just a short quote :

“This is clearly the latest in a long string of events that is eviscerating the confidence investors have in the market,”

__________________________________________

PS: these posts are in the "Traders joking..." thread, but, unfortunately, things like these are as far from jokes as they can be. I do hope that none of the ones reading these posts got scammed in that scamm, but it seems that scamms do not have a "size limit" : the "size" does not gurantee anything anymore

[biddick]

What is the difference between these crooks Two fake share fraudsters have been jailed | Action Fraud and those in the wall street ?

[Mladen Rakic]

...

These two are jailed

The wall street ones are making "statements" and will get awards for "entrepreneur creativity" from committees stuffed with "super minds" that already have similar awards for what they did :):)

biddick:
What is the difference between these crooks Two fake share fraudsters have been jailed | Action Fraud and those in the wall street ?

[Mladen Rakic]

...

And one more on the facebook subject (will post no more, since the whole story about what they did and how seem to be heading in a just another case of same old, same old). A quick quote from an article in the link :

It turns out that the insiders who did the Facebook deal withheld some important information that showed it wasn't such a good deal after all. Analysts at three of the major underwriters, including Morgan Stanley and Goldman Sachs, significantly reduced their forecasts for Facebook's revenues just before the IPO, according to Reuters. They did not widely publicize this information via, say, a Facebook status update. They quietly shared it with their buddies at hedge funds and other big investment firms, many of whom cut back on their investments accordingly. Meanwhile, the general public continued to froth at ever-climbing valuations.

The Facebook IPO Was an Inside Joke

And a quote from that Reuters link (this one Insight: Morgan Stanley cut Facebook estimates just before IPO | Reuters: )

The change in Morgan Stanley's estimates came on the heels of a May 9 Facebook filing of an amended prospectus with the U.S. Securities and Exchange Commission, in which the company expressed caution about revenue growth due to a rapid shift by users to mobile devices. Mobile advertising to date has been less lucrative than advertising on desktops.

"This was done during the road show - I've never seen that before in 10 years," said a source at a mutual fund firm who was among those called by Morgan Stanley.