The News UNIT

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Monday, January 30, 2012

Wall Street's Courtesy Crash For FACEBOOK IPO

Facebook IPO (FB)

Some say that this week Wall Street will be maneuvered down considerably to make way for the FACEBOOK IPO (FB) insiders who want a better entry position. Facebook will likely delay the IPO until the stock market corrects about 15% over the next two weeks and the FED makes an official quantative easing announcement around DJIA 10,700. From there a stock rally is expected to be a choppy ride up to 15,000. Watch the chart action here:

http://markets.money.cnn.com/markets/overview/modules/chart.asp

http://www.streetinsider.com/Hot+IPOs/Facebook+IPO+Ticker+Symbol+Expected+to+Be+%22FB%22/7114733.html

...developing...