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Why that flat Facebook IPO isn't so bad after all
The botched offering of Facebook stock has raised several troubling questions, but at least we don't have to worry about the one that plagues many IPOs: How are a few select investors able to buy in early at lower prices and then pocket huge profits when the trading frenzy begins?Among the many apparent missteps in its public debut, Facebook is accused of setting an opening price that was too high.
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