S&P 500
7,614.20
-0.11%
Dow Jones
51,322.50
-0.10%
Nasdaq 100
30,639.80
-0.25%
Russell 2000
2,930.08
-0.10%
FTSE 100
10,374.00
-0.13%
Nikkei 225
68,479.20
+1.45%

Investing

Facebook IPO Rumors Growing Louder & Louder (GSVC, MSFT, MS, GS, DSI)

Photo of Jon C. Ogg
By Jon C. Ogg Updated Published

Invalid Image
Facebook is now rumored to be filing its IPO paperwork as soon as next week.  The ‘rumor’ is coming out of a report from the Wall Street Journal that Morgan Stanley (NYSE: MS) and/or Goldman Sachs Group Inc. (NYSE: GS) might get the lead role in the underwriting and that the value is being implied at some $75 billion to as much as $100 billion. 

Our take is that Mark Zuckerberg has been holding out to achieve a $100 billion market valuation for the IPO.  Even if Facebook does not deliver on its IPO paperwork next week, the IPO is coming soon.  The company is going to have to disclose its financials sooner or later due to its large base of shareholders.

GSV Capital Corporation (NASDAQ: GSVC) already owns shares of Facebook and its share have popped by 3% to $15.60 on this news.  As a reminder, Microsoft Corporation (NASDAQ: MSFT) invested in this and now should have exponential implied valuation gains on what sounded silly at the time.

Don’t forget about iShares KLD 400 Social Index Fund (NYSE: DSI).  It will end up being a holder as well and this should increase the trading volume of that ETF whether it is up or down in share prices.

Facebook is ONE OF OUR TOP 17 IPOs FOR 2012

Until an SEC filing hits the tape, we are treating this as a rumor.  One of many rumors.  Supposedly the Facebook IPO will create over 1,000 new millionaires.

JON C. OGG

Follow 24/7 Wall St. on Google
Photo of Jon C. Ogg
About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.

Continue Reading

Jon C. Ogg |

Facebook: Targeting $85 to $95 Billion IPO Valuation Rather Than $100 Billion? (FB, GOOG, ZNGA, MSFT, GSVC, SVVC)

If you are like me, chances are high that you are ready for this Facebook IPO to finally get out…

Jon C. Ogg |

Facebook Valuation Alerts!!! (MS, GS, GOOG, GSVC)

Everyone is awaiting an S-1 Filing from Facebook.  It is the talk of the entire financial community and it is…

Paul Ausick |

Expected Price Gains for Internet Stocks (GOOG, YHOO, AOL, BIDU, DMD, LNKD, MWW, RATE, TST)

As the internet has developed over the past 15 years or so, a variety of business models have appeared —…

Jon C. Ogg |

The Next Mergers & Buyouts For 2012

As of late last week we had many potentially imminent buyouts that could have hit the market.  When we were…

Jon C. Ogg |

2 Analysts Say ‘Buy Facebook’… How To Buy Facebook Ahead of the IPO (FB, ZNGA, MSFT, GSVC, SVVC, SOCL)

Facebook is not even public yet and we already have two analysts who have issued “Buy” ratings.  On Friday came…

Jon C. Ogg |

The 17 Most Important IPOs To Watch For In 2011

The market for Initial Public Offerings is booming.  After seeing so many IPOs trade exponentially higher than expected in 2010,…

Trey Thoelcke |

Is the Era of Hot Tech IPOs Over?

ThinkstockSince 2011, Facebook Inc. (NASDAQ: FB), LinkedIn Corp. (NYSE: LNKD), Groupon Inc. (NASDAQ: GRPN), Yelp Inc. (NYSE: YELP), Pandora Media…

Jon C. Ogg |

Twitter IPO Speculation Picks Up Feverishly, and How to Play It

TwitterTwitter is going to be the next big social media IPO. At least that is what the news flow measurement…

Chris Lange |

Why This Analyst Is Even More Bullish on Facebook Now

Citigroup's Mark May gave an updated call on Facebook after analyzing the most recent F8 Facebook Developer Conference.

Top Gaining Stocks

Hewlett Packard Enterprise
HPE • Vol: 153,197,465
Enphase Energy
ENPH • Vol: 8,360,053
Corning
GLW • Vol: 18,152,646
Alexandria Real Estate Equities
ARE • Vol: 4,337,015
Aptiv
APTV • Vol: 6,761,325

Top Losing Stocks

Trade Desk
TTD • Vol: 21,905,513
Intuit
INTU • Vol: 7,383,018
Coterra Energy
CTRA • Vol: 73,319,495
Cboe Global Markets
CBOE • Vol: 5,000,011
HP
HPQ • Vol: 29,259,826