Facebook vs HFT - informative video

[daleholborow]

From an investment forum, an (I think) interesting video on how HFT bounded the Facebook IPO price levels.

http://blog.rogermontgomery.com/what-is-hft-and-algo-trading/

Check the youtube video, for an example of HTF stepping in at the IPO $38 level... enjoy.

 

[daleholborow]

And today, FB slumps below open day price... looks like the underwriters disappeared!

 

[APalley]

Interesting video.

I must have seen 10 different reasons why Facebook didn't take off. The fact is that Facebook, as well as other social media are horribly overvalued.

I had my short in at 44. To bad etrade doesn't allow shorts yet

 

[daleholborow]

I've been having some rather intense debates with work colleagues and some ex-equity analysts about this very topic (i.e. the relative overvaluation), recently. Seems I am alone in thinking FB is remarkably overpriced, but we'll see