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CNNW The Situation Room With Wolf Blitzer May 17, 2012

debt problems. let s bring in our chief business correspondent ali velshi who is watching all of this. we re about to know any minute now, ali, how much the stock will go for. bottom line is they could take hours. we think it will come out very, very quickly. the top of the range is $38, all indications are that facebook is oversubscribed. there are more people who want to buy the stock than there are stocks available and as a result they re going to the high end of the range and they can go higher, but we re thinking about $38 and that is the price at which institutional investors will get it. that s not the price that retail investors at 9:30 who want to buy it are going to get it. it s important to understand. look at that loss on the dow. that s got nothing to do with facebook. that has more to do with what s going on in europe and the average person, greece has more to do with your economic life than facebook. there will be a whole bunch of people who will get a ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120211:15:48:00

and charles has been seeing depression for as long as and i mean, joseph collins and i m sorry, and always a bull this week. and think about it, is higher gas prices, is that going to be an election issue. absolutely. and that counter acts the fact that unemployment is going down. when they re at $4.60 a gallon, in places like new york and california, you betcha. and not that far away. and a separate poll that dagen will be working on. are you mocking the work of the fox business network? i love it. and we should have had americans on that poll. and it was about imported oil. where was america, where was america? and that s not about us. and fair and balanced and the point of being sickening. why work when you can make more just character checks from the united states government? there s a new study that s blowing the lid off the exploding number of americans who are on the government dole ....

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