Posted 5 years ago on Feb. 1, 2012, 10:58 a.m. EST by swips88
This content is user submitted and not an official statement
OWS movement should organize a boycott of facebook (cancel your account and move to another social media) immediately after IPO. This will do more to hurt Wall Street than anything OWS has done to date!
Why? because WS (if past IPO’s are any indication) will be hoarding this stock for their own profit as price of the stock rises in the days / weeks after intial offering. Only negative; Morgan Stanley will still get their 7%? commision on IPO issuance. That’s $350 Billion with a B!