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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsFacebook insider sales are huge red flags
By John Shinal
SAN FRANCISCO (MarketWatch) If you had inside knowledge of a hot investment that you expected to be worth more in six months or even three months, why would you sell your stake this week?
Thats a question retail investors should be asking themselves now that the level of stock-dumping among Facebook Inc. insiders has reached a level that can only be described as Grouponesque. Heres just how much certain Facebook insiders are selling.
With the additional sales planned this week, early investors are now selling more Facebook stock and pocketing more money from the offering than the social network itself.
Thats similar to what happened during several early funding rounds of Groupon Inc., whose stock is now trading far below its IPO price. .................(more)
The complete piece is at: http://www.marketwatch.com/story/facebook-insider-sales-are-huge-red-flags-2012-05-17
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Facebook insider sales are huge red flags (Original Post)
marmar
May 2012
OP
Facebook will go the way of MySpace. When the cool leaves, so do the masses.
MjolnirTime
May 2012
#1
Because a million dollars isn't cool, you know what's cool? A BILLION dollars.
FarLeftFist
May 2012
#2
MjolnirTime
(1,800 posts)1. Facebook will go the way of MySpace. When the cool leaves, so do the masses.
They are smart to cash in while People are still taken in by the glamour.
FarLeftFist
(6,161 posts)2. Because a million dollars isn't cool, you know what's cool? A BILLION dollars.
Maybe they figure they could live off a couple a billion for the rest of their lives.
tjwash
(8,219 posts)3. GM pulled all their adverts off this week as well
I would not touch that IPO with a ten foot pole. They are destined to be another AOL
johnd83
(593 posts)4. How much is internet advertising really worth?
I think most actual business people are scratching their heads. The bubble popped the first time when marketing people realized online advertising was worthless. It will probably happen again.