people who will buy it before it goes public. high net worth retail investors, you know, relatively rich people who trade often. and then there s everybody else, the average joe retail investor. that s likely most of you out there. starting with ned i want to go one at a time. ned, good to see you, my friend. we ll talk later about whether one should or shouldn t buy this. what do you think a retail investor who gets on to their trading platform at 9:00 on friday will be likely to pay for facebook when it opens? you know, you said $90 a share, i said a 50% premium. this is one of those situations where it depends on how much stock is shorted by the way, craig, i want to congratulate you. this is incredible. you must be waiting for next friday. as a retail investor i wouldn t approach the stock on friday or the next monday, tuesday, or wednesday. i wouldn t go near it. would not go near it. so you think 50 bucks, somebody gets it for? a 50% premium? 50, 60, you re talk
collaborative fund, an early facebook investor. all right. so there are four kinds of investors viewing for a cut of this ipo. early stage investors like craig, they got involved a long time ago. institutional investors, the people who will buy it before it goes public, high net worth retail investors, relatively rich people who trade often, and then there s everybody else, the average joe retail investor. that s likely most of you out there. starting with ned i want to go one at a time. ned, good to see you, my friend. we ll talk later about whether one should or shouldn t buy this. what do you think a retail investor who gets opt their trading platform at 9:00 on friday will be likely to pay for facebook when it opens? you know, you said $90 a share, i said a 50% premium. this is one of those situations depends how much stock by the way, craig, i want to congratulate you. this is incredible. you must be waiting for next friday. as a retail investor i wouldn t approach t
presidential nomination is all but over but we will get a taste tonight of whether the tea party will finally show some 2012 strength and a test of how important the culture wars will be in a year defined mostly today by economic challenges. our first stop indiana where 80-year-old senator richard lugar, leading republican voice on foreign policy is asking for one more term but facing a tea party and conservative revolt, revolts lugar s critics prove the senator last touch with the folks back home. dana bash is at lugar headquarters in indianapolis. you had a chance to talk with senate lugar a bit earlier today. let s listen to some of the exchange. reporter: you re 80 years old. you ve had by all accounts a stellar career. why did you decide to take on this fight within your own party rather than just say it s been great, time to go? well, first of all, because i believe that i have a unique opportunity to serve my country with regard to arms control, with regard to terr
gingrich and romney and santorum, they don t get the facts get in their way. nobody knows better than you and your families the real price you paid to allow this reorganization to take place. plant closures, wage freezes, lower wages. they know, everybody knows. these companies would not be in existence today without the sacrifices of all of you in the uaw that you made. joe heilman, would the republicans be well advised to just, you know what, let s shut up about the auto bailout thing, this payoff to special interest thing provokes biden to come back like that? man, it s a good advice, i think. they are going to lose that argument. you know, on this show we previously talked about the fact that michigan, a state that, you know, in an ideal republican world is a state that should be
interests, end of quote. you know, it s kind of amazing, gingrich and romney and santorum, they don t get the facts get in their way. nobody knows better than you and your families the real price you paid to allow this reorganization to take place. plant closures, wage freezes, lower wages. they know, everybody knows. these companies would not be in existence today without the sacrifices of all of you in the uaw that you made. joe heilman, would the republicans be well advised to just, you know what, let s shut up about the auto bailout thing, this payoff to special interest thing provokes biden to come back like that? man, it s a good advice, i think. they are going to lose that argument.