wo more days and the massive selloff could begin for FB shares.
Over the next four months almost 70% of Facebook (FB) shares could hit the market in a huge selling force. The flood gates open for the first round on Thursday August 16th. What could it do to the current value of FB shares?
Leave it to Henry Blodget to figure out who may be selling and how much they are holding. Blodget also speculates what those rich people might do, let it ride or sell like no tomorrow. Including Goldman Sachs (GS) sitting on 41.6 million shares of FB. Facebook closed down 5.6% today to $20.38, that's 2.7% from its 12 month low.
http://www.thestockmasters.com/facebook-08142012
Facebook, Inc. (FB)
-NasdaqGS
20.38 Down 1.22(5.65%) Aug 14, 4:00PM EDT
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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