again, very upset they didn’t have any shares available to short at 45. would have been a 22%, 1-day gainer and i just might have tucked them away for the long-term. this IPO was/is the epitome of uber-hype and overvaluation IMO and i could easily see FB trading in the teens sometime this year although i wouldn’t advise chasing a short here, even if the shares start to become available for shorting (IB still does not have any shares to short). the bigger picture, if FB continues to trade below it’s IPO price, is the psychological impact that it might have on the broad market and investor sentiment.
