much about sanctuary cities from republican candidates everywhere. also, the nfl, taking a knee. right. that became an issue. so you have this establishment republican who has suddenly become a cultural conservative in the era of donald trump. how do you see it? if democrats can t have success tonight, they re going to have to really re-evaluate. a state where at the presidential level, they ve had success in the last three presidentials, a diverse state, a big state that they ve trended towards blue, they ll have to say to themselves, we need better candidates, a better platform, better everything at the northam has a wonderful resume. i mean, this guy s a physician, he has, you know, impeccable character. he s been pretty boring, as a candidate. yeah, he s not a good retail population. he s not. but it s hard to imagine a better resume for an electorate that doesn t much care for politicians. well, that s right. because he s against a washington, d.c. lobbyist, wh
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