Facebook Sympathy Plays Rock On as IPO Gets Put In Overdrive (SVVC) (GSVC) (HTGC) (ZNGA)

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Facebook (NYSE: FB) sympathy plays are having a strong day Wednesday as the social media juggernaut is expected to kick off its IPO road show next week and is reportedly targeting a May 18th IPO date.

Facebook Sympathy Plays:

• Firsthand Technology Value Fund (Nasdaq: SVVC), which owns 600K Facebook shares, is up 5.7%. The company also announced today that they completed an initial investment in Twitter.
  
  
• GSV Capital Corp (Nasdaq: GSVC) is up 8.6%. In addition to owning a slew of Facebook stock, analysts at Ascendiant Capital initiated coverage on the stock today with a Buy rating and $20 price target. GSVC's two largest investments are Twitter and Facebook (Nasdaq: FB), representing an estimated 17% and 15%, respectively, of its investment portfolio, according to Ascendiant.
  
  
• Hercules Technology Growth Capital, Inc. (NYSE: HTGC) is up fractionally today. Facebook is a portfolio holding of the specialty finance firm.
  
  
• Zynga (Nasdaq: ZNGA) is up 3.6 percent today. Zynga contributed 11% of Facebook revenues in Q1 versus 12% in Q4.

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