Company employees who received stock are prohibited from selling until the IPO Lock Up expires. For Facebook, this was just a couple of days ago.
Thanks for the info.
Funny how the higherups didn’t have such a block, including the expat who gave up his American citizenship.
I’ve been stuck with worthless stock gifted to me by Compaq when they knew it would never be profitable prior to the corporate wide layoff. Never had a valid window to exercise my options in.