Not to mention that "Man Utd" is the acronym under which the shares are traded, so it makes perfect sense to use it in this context regardless.
He was mocking people that were moaning about it being listed as Man Utd.
Interesting stuff, I only understood about half of it, but the long and short certainyl seems to be that we're nowhere near getting a view on the true market value of the stock yet.
Honestly, I'm not sure any of this stock price can be said to give a real valuation of the club. Even leaving aside whatever's going on with the underwriters, the fact that this entire float consists of 1% voting rights means investors are wholly at the mercy of the Glazers, who are doubtlessly solely interested in their own profits, rather than those of their shareholders. I wouldn't buy a share for pennies, under those terms.
Varies by each deal really. Facebook was supported by its underwriters at its IPO price on its first day of trading - they then pulled their support on the 2nd day and the stock fell. (and has been in free fall ever since).
Being pedantic, it's called a ticker.
Thank you. Pedantry is all good, as far as I'm concerned.
Unlike facebook though, there won't be hundreds of millions of shares coming onto the market after the lockup period (from what I can gather).
I'd say about a month, just when the lockups start to expire (i.e. institutional investors that bought equity before the initial public offering will have freedom to sell their Man Utd stakes) and when options start trading (i.e. giving you flexibility to express your short views effectively, e.g. buying puts, selling calls etc).
Just 15? She must be fairly junior then
I do think there would be slightly more interest from activist shareholder groups if the shares were the same as the ones the gingers hold but not enough IMO to push it to what they orginally wanted (20 dollars a share).
Well she's not pally with Mark Zuckerberg, put it that way. Have to admit I was astonished she made that she made that kind of wedge. If I made that much money overnight I'd actually find it demotivating. Once you're financially set for life, why bother going the extra yard at work? In fact, I'd seriously consider quitting.Just 15? She must be fairly junior then
check out ajax's trading volume sometime
Not sure how early she joined FB but that's the incentive required for top quality people to join a 'startup' over joining an established firm like MS, google, Intel, etc.
Yeah, she's been with them ages.
If you are in that early, it's your 'baby'. You really feel like you have an ownership stake in its success and you aren't going in for the money but to 'create' and win in the market-place.
So reading those, it sounds like nobody understands what's going on with the share price, not even the analysts.
OMFG, can't you use the proper version of 'their, there, they're' ???
I didn't. Nor did I miss his use of there instead of their.
Did what Liam? I got his point on the Man Utd, saw his white text and knew he was taking the piss, but he still doesn't know which variation of the word "their, there, they're" to use though, and tonight I'm a member of the grammar police. Ok?
