Think you know all you need to know about trading Facebook? Don't be so sure, this IPO is unlike most others.
The Fast Money pros say, if you don't know what you're up against, by getting involved with Facebook right now, you stand to lose much more than you ever gain.
That's especially true if you're among the millions of Facebook fans interested in buying stock, but not regularly involved with the market.
Fortunately, the Fast Money team has sifted through the S1 filing, as well as other research, media reports and conversations with experts -- and they've put all their takeaways in one place.
Click here and find out what you absolutely must know. Go to: The Facebook IPO: A Fast Money Primer
Posted by CNBC's Lee Brodie
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Trader disclosure: On May 16, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Tim Seymour is long BAC; Tim Seymour is long SBUX; Tim Seymour is long FCX; Brian Kelly is long T; Brian Kelly is long VZ; Brian Kelly is long KRE; Brian Kelly is long WFC; Brian Kelly is long USG; Dan Nathan is long JAN 450 PUTS AAPL; Dan Nathan is long BAC MAY 7 PUTS; Dan Nathan is long C JULY 32/27 PUT SPREADS; Dan Nathan is long MS MAY 16/15/12 PUT FLY; Dan Nathan is long IBM JULY 200/185 PUT SPREADS; Dan Nathan is long RIM JAN 20/25 CALL SPREAD; Stephen Weiss is long JPM; Stephen Weiss is long CSC; Stephen Weiss is long UUP; Stephen Weiss is short JCP; Stephen Weiss is short CMI; Stephen Weiss is short MT
For Kris Jenner
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The Following company is a holding of T. Rowe Price HSF: SXC
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The Following company is a holding of T. Rowe Price HSF: GILD
The Following company is a holding of T. Rowe Price HSF: UNH
The Following company is a holding of T. Rowe Price HSF: INCY
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The Following company is a holding of T. Rowe Price HSF: COV
CNBC.com with wires.
