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How Zuckerberg cashed in $1.13 BILLION worth of his personal shares BEFORE stock cratered - now could it end up at $10?

By: capt_nemo in ROUND | Recommend this post (0)
Thu, 24 May 12 7:39 AM | 49 view(s)
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Msg. 41380 of 45651
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By: malterwitty
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CURRENT EVENTS

Mark Zuckerberg and leading Facebook investors cashed out millions of shares before the price dropped off a cliff, according to company filings.

It was also revealed that a company executive issued a warning days before the Initial Public Offering that Facebook;s revenues are lower than expected, information that would have likely dropped the opening price of the stock.

The new reports are already raising questions about whether top investors profited from the IPO at the expense of smaller buyers.

http://www.dailymail.co.uk/news/article-2148839/Facebook-IPO-Mark-Zuckerberg-cashed-1-13bn-worth-personal-shares-BEFORE-stock-cratered.html

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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