The OP says this is something "buyers deserve to be outraged about". It also insinuates "news of the estimate cut", implying the S1/A, was selectively distributed when it was only the research that was.
Then there is the title and speculation that there were "nods and winks" between the underwriters and equity analysts. I read the S1/A when it came out and came to the same qualitative conclusion (FB guides forecast down -> lower value on stock isn't exactly groundbreaking causation).
Blodget says more than the Reuters wire. The surplus is speculation blended in smoothly with the facts.
Then there is the title and speculation that there were "nods and winks" between the underwriters and equity analysts. I read the S1/A when it came out and came to the same qualitative conclusion (FB guides forecast down -> lower value on stock isn't exactly groundbreaking causation).
Blodget says more than the Reuters wire. The surplus is speculation blended in smoothly with the facts.