The Facebook Insiders Who Dumped Stock

NoNRG said:
Calm down everyone... No two stocks ever have the same histories; Facebook is a special case. Perhaps the IPO marked a top, which is very unusual for most stocks (actually not that odd in this case considering the mucked up IPO day).

Take a look at the Pre-IPO pricing history at the following link:
https://www.secondmarket.com/facebook-on-secondmarket/

FB is just taking a much needed break after it's Pre-IPO rise. Maybe that pullback finished when it dipped just below $20 .
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This stock will bounce around $18-$24 for awhile until the grace periods end and early investors can dump the rest of their stock. It'll hit $10 a share after that, and slowly demise...lol. Again, unless they take all that money they made recently and reinvest it into something entirely different but to me, IMO, FB is a one trick pony. For this time though, there is a vested interest to keep the stock price (propped) up all while users on the site decline.



Disclaimer: I don't know WTF I'm talking about, just giving my opinion. It's valued at $-3.50! :)
 
AnonymousUser said:
The initial investors were given accurate information right before IPO while the soon to be investors were given other less accurate information. Right out of the gate, the stock dropped because there was so much supply and not enough demand (anything they could sell, they were selling, no one believed in it) , the stock never even hit its resistance level. As soon as that happened (probably sooner...lol), all the savy investors wouldn't touch FB at even $15-$20 a share.
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It's kind of baffling how something barely two months ago can already be forgotten and myths developed around the whole fiasco. There was no lack of demand on opening day. The stock market literally crashed there was so much demand.

Also, all of these 100s of millions of shares listed as being sold are being sold to people now. There seems to be a lot of things unknown about FaceBook but it's premature to be using all of this as evidence of insider trading and how the whole thing was a scam to begin with. That seemed to be the general opinion on this board to begin with and now it appears some of the facts are being bent to support that determination.
 
mope54 said:
It's kind of baffling how something barely two months ago can already be forgotten and myths developed around the whole fiasco. There was no lack of demand on opening day. The stock market literally crashed there was so much demand.
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Not sure one can say it was purely because of demand when Nasdaq itself blames it on a newly designed (poorly designed) software glitch. Also, if there was so much demand, it would've hit its resistance level which it did not (not then, not even now). Multiple investors pointed that out too. Were people buying it? Of course. Was it something like China Youtube when it came online, hell no!
Also, all of these 100s of millions of shares listed as being sold are being sold to people now. There seems to be a lot of things unknown about FaceBook but it's premature to be using all of this as evidence of insider trading and how the whole thing was a scam to begin with. That seemed to be the general opinion on this board to begin with and now it appears some of the facts are being bent to support that determination.
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Well since information was shared amongst some but not others, I'd say that was sharing insider information. Not too difficult to see. As for the general opinion of it being a scam/pump and dump/etc on this board, I think (from what I've seen) it's the general opinion off this board.

We can debate this all day, but, we'll see soon enough for ourselves when the rest of the initial investors can dump their stocks and the public is left holding the bag of shit when the music stops. We can both have our opinions though, at the end of the day, that's all they are.

The IPO price valued the company at 107 times trailing 12- month earnings, more than all Standard & Poor’s 500 Index stocks except Amazon.com Inc. and Equity Residential. The valuation also made Facebook, co-founded in 2004 by a then-teenage Mark Zuckerberg, the largest company to go public in the U.S.

http://www.bloomberg.com/news/2012-...-design-in-ipo-software-delayed-facebook.html
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Yeah, make perfect sense. Like I said, FB is out unless they take all that money acquired recently and invest into new things. FB the site isn't it though, and that no one really knows. Either way, the insiders and initial investors made money. You buy some stock right now, we'll see in six months to a year if you make money off of it. Good Day!

At the end of the day bots are clicking 80% of the ads on FB and FB users are declining. It is what it is.
 
FB can tank and fuckerberg wouldn't be hurt by it. He can retire for life at 27 with that 1 billion.
 
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