Few
will disagree with the phenomenon – Facebook, world’s most successful
social networking website ? is today. As of May 2012, Facebook, the
website has over 900 million active users, and its bank of users has
been growing at a tremendous pace. Facebook, as a business model,
also has been raking in millions.
Hence,
when Facebook or rather its founder -the genius Mark Zuckerberg-
announced to the world that they, as an organisation, were coming up
with an IPO, the excitement was obvious. Yet, ironically, even before
the scrip was listed in NASDAQ, it generated a good amount of
speculation from across the world. The whole IPO issue faltered on
certain accounts, what with changing listing dates and last minute
increase in number of stocks. And then, amidst much hype and fanfare,
the Facebook IPO was finally released on 18th
May 2012.
Why,
then, did Facebook’s initial public offering (IPO) on Friday, pegging
a share at $38 and expected to rake in a historic $16 billion, fail
to perform as expected? Its performance on day 1 of trading, though
it climbed up to $45 at one stage, closed flat at around the offer
price. And on the 2nd
and 3rd
days of trading, the shares’ prices fell nearly by 18%. It is now
being alleged that the lead underwriters of the IPO, Morgan Stanley,
made last minute revisions in its forecast about the performance of
the IPO ? based mainly on fears of Facebook’s inability, so far to
come up with a revenue model for its increasing number of mobile
users. It is also being alleged that Morgan Stanley shared its
negative forecast only with a select few big clients, while small
investors were kept totally in the dark. Now, what is the future of
this IPO, and what lies ahead for its investors?
In
short, speculations galore! While
authorities do their best to investigate the issue, even as the
analysts rip the matter threadbare, Ganesha with the help of Vedic
astrology, attempts to predict the future performance of Facebook’s
IPO and share prices.
Date:
18/05/2012
Time:
09.30 am (local time)
Place:
New York City, New York, U.S.
Facebook’s
IPO was launched in NASDAQ on May 18th
2012. Ganesha has constructed Facebook’s Kundali (astrological chart)
keeping in perspective this important day. Ganesha observes this
horoscope, and notes that the scrip has been launched in the Gemini
rising Ascendant. However, the Ascendant is located between the mid
points of Gemini and Cancer, and hence this aspect may not bring any
gainful results for the company.
In
an organization’s horoscope chart, typically the 11th
House is said to represent
the
revenue or net worth of the company, its group of allies and
friendly/ fraternal group of companies. This House also signifies the
social side of an enterprise, and hence the inter-company
relationships and even development programmes. In Facebook’s case,
the long-term aims and objectives of the organisation, its
achievements can also be ascertained from this House. In the
aforementioned chart, Moon, being the Lord of the 2nd
House of finances is conjunct with Mercury (Ascendant Lord) in the
House of gains (11th
House). Hence, Ganesha feels that this combination may remain hopeful
for the long term financial prospects of Facebook. Moon posited in
the 11th house is said to be quite helpful for the general work
force, and is known to produce spectacular results (in future).
Besides, Mercury’s presence in the 11th
House may also be considered quite favourable. It is said to bear an
effect on the profit yielding trade contracts or assignments. As a
result, the trading activities of Facebook may be expected to improve
remarkably and many opportunities may sprout for the organisation, in
the longer run.
Ganesha
observes that the 5th
House of the company’s horoscope represents speculation and stock
market activities. In the said chart, Venus is the Lord of the 5th
House, and it is retrograde in the 12th
House. It is debilitated in its Navamansha Chart also. Hence, Ganesha
feels that these combinations may bring some negative results for the
company’s share price. Owing to the same, the share prices of
Facebook may keep fluctuating. Typically, Venus in the 12th House is
said to lead to heavy expenditure, and this may be expected in the
developments related to Facebook. In the said natal chart, Venus is
afflicted, and hence agreements may suffer. If Venus is afflicted,
then it induces activities related to speculation. This may even
encourage gambling, which then may turn out to be a losing
proposition.
Besides,
the Natal Sun and Jupiter are also conjunct with Ketu in the 12th
House in Facebook’s chart, which is an other negative sign for the
investors. Although, investors shall, in all probability, get long
term returns on their invested capital on this scrip, in short term,
they may not be happy, as the share price may remain volatile. There
is another possible indication.
WHAT
NEXT ?
The
mighty Jupiter, posited currently in the first House of Ascendant in
Facebook’s IPO’s natal chart, shall make a move from 30/05/2013
onwards. This aspect may bring prosperity and success for the
company. Jupiter may also prove fruitful for the organisation’s gains
and expansion plans. The overall financial status of Facebook may
escalate to newer heights, post the mentioned time line. The overall
performance of the company’s share price may be expected to remain
satisfactory. Around the same time-line, the company may also
successfully execute its expansion programmes. The Facebook as an
organisation shall be doing a profitable business all this while,
feels Ganesha.
During
the phase of Jupiter’s transit over the Ascendant, FB shall also be
completing a Ketu major cycle, and will thence come under the
influence of Venus Mahadasha, post 10th
May 2015. Note that Venus is Lord of the 5th
House in company’s natal chart. Hence, this planetary event shall be
considered as highly auspicious for the company. It denotes overall
success, and a hugely gainful period for both the company and the
investors. This aspect may also greatly improve the overall financial
position of the investment (Stocks). Post this phase, the good
performance of the company will attract the bankers and the other
financial institutions to lend helping hands for development and
expansion activities of the company, says Ganesha.
With
Ganesha’s Grace,
Dharmeshh
Joshi
The GaneshaSpeaks Team
15 June 2012 11:45:19 GMT