NEW YORK ( Minyanville) -- Frankly, I'm hoping that there is enough doubt to make Facebook ( FB) trade within 10-20% of the initial IPO price for a few minutes. If it does, I'm a buyer. Will this happen? Highly doubtful. So I'm also trying to catch some initial public offering (IPO) shares, but again not holding out a lot of hope. That means I now have a tough decision: What am I willing to pay, and how soon? The stock is already trading at what amounts to a $120 billion-plus valuation (roughly $35-38/share) and I know I'm willing to pay up to $140 billion. It's easier to talk about Facebook's market valuation versus specific share price. There is no exact science and we won't know until we have firm pricing and a firm number of shares. They just raised the share count by 25% and it's not clear if they raised the value by that amount or just increased the percentage of the total company being offered.
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