GSV Capital (GSVC) Slammed For Dumping More Shares Into Facebook IPO Craze
Up)
Shares of GSV Capital Corp (Nasdaq: GSVC), which has surged recently on the Facebook-IPO craze, are under heavy pressure early Friday after the company updated an equity offering filing with the SEC showing it will sell 6 million shares. This is up from the 3 million expected to be sold.
Shares last traded at $15.15, down 22%.
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Shares last traded at $15.15, down 22%.
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selling FB
GSVC is capitalising on the hype and selling into it. GSVC will use this monies to buy other social media companies at pre-ipo prices. All art of the plan to make money. i am buying more GSVC at 15....
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Put money to good use
Rg on Feb 12, 2012 03:36 PMMark as Spam
Gsvc has put the first 70 mil to good use. Have their ear to the ground and will put this 90 mil to good use. I took a beating with the drop of the stock price. But bought more at 15.30 will be over 20 by June.