Details of what went wrong with Facebook's opening

Should Stocks Trade in Increments of $.0001? (via Instapaper)

"Mr. Sporkin has built a team of more than 40 former traders, exchange experts, accountants and securities lawyers to sift through roughly 200 pieces of intelligence a day, distilling the hottest tips into a daily “intelligence report.” “It’s the central intelligence office for the whole agency,” Mr. Sporkin said. 
The overhaul came with an upgrade in technology. The hub of Mr. Sporkin’s outfit is a “market watch room,” replete with Bloomberg terminals and real-time stock pricing monitors that keep an eye on the markets. " .. I ALWAYS SAID ALL THEY NEED IS HOTTREND SINCE I SAW HUNDREDS OF INSTANCES OF INSIDER TRADING OVER THE YEARS USING THAT TOOL ALONE

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