Don’t Chase These Facebook-Owning Funds
I should have said it yesterday in this Facebook (FB) rundown: Don’t chase the small number of publicly traded funds that own the social-media company’s pre-IPO stock. Agence France-Presse/Getty Images...
View ArticleMore Reasons For Caution On Those Facebook Pre-IPO ‘Funds’
As we’ve noted on the blog a few times this week, there are a handful of publicly traded investment companies with a piece of Facebook’s (FB) pre-IPO shares. Let’s take a brief dive into what turn out...
View ArticleWithout Immediate IPO Pop, Facebook-owning SVVC Slumps 22%
The Firsthand Technology Value Fund (SVVC), which owns a chunk of Facebook’s (FB) pre-IPO stock, has slumped in the last few minutes. It’s down 22% at this writing. A half hour ago it was only down 6%...
View ArticleI Told You So: Facebook’s Ugly IPO Debut
By Value in Stock Market: Earlier, I wrote that Facebook's (FB) IPO is becoming a sucker's bet. On its IPO debut, Facebook st...
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