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Re: Mark Zuckerberg has sold 30.2 million shares

By: capt_nemo in ROUND | Recommend this post (0)
Wed, 23 May 12 8:08 AM | 37 view(s)
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Msg. 41344 of 45651
(This msg. is a reply to 41340 by CTJ)

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This is one of the craziest IPO's ever. The big money profits, most of them were made in the first hour of trading, the rest is just churn, and dumb money thinking they are getting some worth for their investing $$$$$$$$$$$$$




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.


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The above is a reply to the following message:
Mark Zuckerberg has sold 30.2 million shares
By: CTJ
in ROUND
Wed, 23 May 12 2:38 AM
Msg. 41340 of 45651

SAN FRANCISCO (MarketWatch) -- Facebook Inc. FB -8.90% Chief Executive Mark Zuckerberg has sold 30.2 million shares and director Peter Thiel has sold 16.8 million shares of the social-networking company, according to securities filings published late Tuesday. The sales confirm plans detailed in a prospectus before Friday's $16 billion IPO. Zuckerberg sold 30.2 million shares at a price of $37.58 for gross proceeds of $1.13 billion; Thiel sold 16.8 million shares for gross proceeds of $633 million. Facebook insiders had told prospective shareholders of their plans in an S-1 filing last week. Facebook FB -8.90% shares were down 0.8% after hours at $30.74

http://www.marketwatch.com/story/facebooks-zuckerberg-thiel-sell-shares-2012-05-22


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