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Facebook's Zuckerberg sells 30.2 Million Shares
MarketWatch ^ | 5/22/12 | Laura Mandaro

Posted on 05/22/2012 2:39:39 PM PDT by illiac

No article as of this time. Right side of page at link.

Facebook's Zuckerberg sells 30.2 mln shares

7 min ago5:30 p.m. May 22, 2012 - Laura Mandaro

Facebook director Thiel sells 16.8 mln shares

7 min ago5:30 p.m. May 22, 2012 - Laura Mandaro

(Excerpt) Read more at marketwatch.com ...


TOPICS: Business/Economy; Extended News; News/Current Events
KEYWORDS: breaking; business; facebook; notnews
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Ruh Roh!
1 posted on 05/22/2012 2:39:49 PM PDT by illiac
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To: illiac

Selling short? Already?

Bwa haa haaaaa...


2 posted on 05/22/2012 2:42:38 PM PDT by Responsibility2nd (NO LIBS. This Means Liberals and (L)libertarians! Same Thing. NO LIBS!!)
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To: illiac

They’re bailing out before the suckers get on to them.


3 posted on 05/22/2012 2:42:47 PM PDT by Signalman ( November, 2012-The End of an Error)
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To: illiac

Who’s buying?


4 posted on 05/22/2012 2:43:15 PM PDT by JennysCool (My hypocrisy goes only so far)
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To: illiac

and what total FAIL is buying them?


5 posted on 05/22/2012 2:43:26 PM PDT by GeronL (The Right to Life came before the Right to Pursue Happiness)
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To: Responsibility2nd

FB down 21% since friday.


6 posted on 05/22/2012 2:43:45 PM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: GeronL

>>and what total FAIL is buying them?<<

There was a cash-heavy unicorn out there somewhere...


7 posted on 05/22/2012 2:44:22 PM PDT by freedumb2003 ('RETRO' Abortions = performed on 84th trimester individuals who think killing babies is a "right.")
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To: illiac

The question is, who bought!


8 posted on 05/22/2012 2:44:51 PM PDT by Mouton (Voting is an opiate of the electorate. Nothing changes no matter who wins..)
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To: illiac

he’s got a wedding to pay for.


9 posted on 05/22/2012 2:44:51 PM PDT by the invisib1e hand (they have no god but caesar)
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To: GeronL

” and what total FAIL is buying them? “

Bernanke ?


10 posted on 05/22/2012 2:44:57 PM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: illiac

The IPO listed 2.5billion shares outstanding as of this morning. http://allfacebook.com/facebook-hits-new-high-of-82-5-billion_b34720. I don’t think it is that significant. Yet.


11 posted on 05/22/2012 2:45:42 PM PDT by Bruinator ("For socialism is not merely the labour question, it is before all things an atheistic question")
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To: stephenjohnbanker

Down to $31: https://www.google.com/finance?client=ob&q=NASDAQ:FB

Trust me, by this time next year it will be < $10


12 posted on 05/22/2012 2:45:42 PM PDT by freedumb2003 ('RETRO' Abortions = performed on 84th trimester individuals who think killing babies is a "right.")
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To: illiac

http://www.marketwatch.com/story/morgan-stanley-gets-subpoena-on-facebook-reports-2012-05-22?siteid=yhoof2
Morgan Stanley gets subpoena on Facebook: reports


13 posted on 05/22/2012 2:46:54 PM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: freedumb2003

The one that poops Skittles?


14 posted on 05/22/2012 2:47:55 PM PDT by GeronL (The Right to Life came before the Right to Pursue Happiness)
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To: freedumb2003

15 posted on 05/22/2012 2:48:07 PM PDT by JennysCool (My hypocrisy goes only so far)
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To: illiac

Dump and run! SUCKAHS!!!!!!!!!!!!!!


16 posted on 05/22/2012 2:48:37 PM PDT by icwhatudo (This is not a choice between Romney&Reagan-Its between Romney & most radical leftist Pres in history)
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To: illiac

This isn’t news. He sold the 30.2 million shares at the IPO as he said he would.

http://www.news.com.au/business/companies/facebook-sells-shares-for-38-per-share-in-ipo/story-fnda1bsz-1226359905009


17 posted on 05/22/2012 2:48:45 PM PDT by free me (heartless)
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To: stephenjohnbanker

lol.

Maybe Geithner bought some too. lol


18 posted on 05/22/2012 2:48:51 PM PDT by GeronL (The Right to Life came before the Right to Pursue Happiness)
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To: freedumb2003

FB’s NASDAQ Last Sale
30.75 3.28 9.63%

still droppin..


19 posted on 05/22/2012 2:49:43 PM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: GeronL

Betcha he sold them Friday.


20 posted on 05/22/2012 2:50:04 PM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: Responsibility2nd

They aren’t going to let someone else start a run on their bank before they get a chance to save some wealth...


21 posted on 05/22/2012 2:52:15 PM PDT by a fool in paradise (Barack Obama has cut and run from what he called "the right war".)
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To: the invisib1e hand

I don’t think his wife will be selling her wedding dress on eBay anytime soon.


22 posted on 05/22/2012 2:52:15 PM PDT by july4thfreedomfoundation (The TEA Party is my cup of tea.)
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To: Mouton

I know of two idiots at work who bought Friday at 40. They thought they were so cool!...


23 posted on 05/22/2012 2:52:21 PM PDT by AngelesCrestHighway
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To: freedumb2003

Freepers on Google back in 2004:

http://www.freerepublic.com/focus/f-news/1125573/posts


24 posted on 05/22/2012 2:53:29 PM PDT by free me (heartless)
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To: abb

The Form 4 shows they were sold today.

Not to worry though, his trust still owns more than 400 million shares. A trust, wonder what kind of tax sham this is.


25 posted on 05/22/2012 2:54:11 PM PDT by Mouton (Voting is an opiate of the electorate. Nothing changes no matter who wins..)
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To: GeronL

: )


26 posted on 05/22/2012 2:55:01 PM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: free me

>>Freepers on Google back in 2004:<<

Wow, history.

Well, Google actually had and has a profit model. FB???


27 posted on 05/22/2012 2:56:05 PM PDT by freedumb2003 ('RETRO' Abortions = performed on 84th trimester individuals who think killing babies is a "right.")
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To: Mouton

What price did he get?


28 posted on 05/22/2012 2:56:11 PM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: illiac

FB is a pos same as Groupon and people are finally on to them. I use FB for business reasons and they recently rearranged the interface and dumbed it down so much it is useless


29 posted on 05/22/2012 2:56:38 PM PDT by dennisw
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To: illiac

Who are the idiots buying, democrats?


30 posted on 05/22/2012 2:57:47 PM PDT by EGPWS (Trust in God, question everyone else)
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To: free me
“Freepers on Google back in 2004:”

And if I'd known then what I know now....

I still wouldn't have bought any except for a quick flip. No way will I EVER sit on one of these imaginary stocks.

31 posted on 05/22/2012 2:58:48 PM PDT by I cannot think of a name
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To: illiac
Mr. Zuckerberg was heard to mumble, as he was exiting the bank, "So-long SUCKERS!" LOL!!!
32 posted on 05/22/2012 2:58:48 PM PDT by Sudetenland (Anybody but Obama!!!!)
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To: abb

37.58. Interesting...must have been some kind of private placement deal as it was way above market all day.


33 posted on 05/22/2012 3:00:44 PM PDT by Mouton (Voting is an opiate of the electorate. Nothing changes no matter who wins..)
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To: illiac

Zucker is getting out before the bottom falls out.


34 posted on 05/22/2012 3:01:22 PM PDT by tennmountainman
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To: Responsibility2nd
They're not "selling short," they're just selling. It is common for IPO's to drift downward in price for the few weeks following. Also, we don't know how much of each person's stake is being sold here. These may be minor sales, percentage-wise.
35 posted on 05/22/2012 3:01:44 PM PDT by hinckley buzzard
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To: illiac

Oh no. Obama will be calling a news conference tomorrow to describe the bailout program to protect all investors that are too stupid to live.


36 posted on 05/22/2012 3:02:28 PM PDT by Harley (Will Rogers never met Harry Reid.)
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To: free me

Freepers on Google back in 2004:

http://www.freerepublic.com/focus/f-news/1125573/posts


LOL..I had to quickly google the stock price of GOOG after reading that.


37 posted on 05/22/2012 3:03:31 PM PDT by Irish Eyes
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To: Responsibility2nd

Selling short? Already?

Bwa haa haaaaa...

And just put 924 million dollars in his pocket.

But, you are right, Zuckerberg is laughing today.


38 posted on 05/22/2012 3:04:26 PM PDT by Uncle Slayton
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The Market is on to Fads that produce no viable product, except some fun dialogue between others. Zzzz. I like facebook. It’s fun, but it sure ain’t Ford Motor Company or Edison. :>


39 posted on 05/22/2012 3:06:06 PM PDT by NoRedTape
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To: illiac

Waiting for some government liberal to tell us we need to bail out the morons who jumped on board with this.


40 posted on 05/22/2012 3:06:11 PM PDT by kempster
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To: Signalman

There are 800 million active users on facebook. 800 million is a good percentage of the worlds population.

They are selling because they want the money.


41 posted on 05/22/2012 3:06:30 PM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: hinckley buzzard

Zuck owns about the same number of shares directly after todays sale, about 30+ million. His trush owns over 400 million shares. He needed some pocket change I guess.

“buy it lightly on the way down, when it hits 17, buy all it” Larry Wildman in the movie Wall Street. Seems appropriate here too.


42 posted on 05/22/2012 3:07:39 PM PDT by Mouton (Voting is an opiate of the electorate. Nothing changes no matter who wins..)
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To: freedumb2003

That’s not what many people were saying back then. One billion revenue and a 25 billion market value? Crazy!

Facebook: Four billion revenue and a 100 billion market value? Crazy!

Lot’s of hype either way.

Who knows who is right this time?


43 posted on 05/22/2012 3:08:20 PM PDT by free me (heartless)
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To: tennmountainman

He’s not out.

He simply sold a small fraction of his stock.


44 posted on 05/22/2012 3:09:54 PM PDT by Uncle Slayton
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To: illiac
Oh Boy! Time for Barry the venture capitalist to step in with some treasury money to prop this turkey up.

Can't let a good progressive company go down in flames while the world is watching.

45 posted on 05/22/2012 3:10:20 PM PDT by YankeeReb
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To: I cannot think of a name

Who cares what you would sit on? The point is they were wrong. Google has returned huge gains to it’s investors since it’s IPO.


46 posted on 05/22/2012 3:10:55 PM PDT by free me (heartless)
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To: freedumb2003

I would have been shorting after the first day. It looked weak from the get go.


47 posted on 05/22/2012 3:11:42 PM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: illiac

Prolonged Facebook stock slide could hurt California budget as state faces $15.7B deficit

http://www.washingtonpost.com/business/cash-strapped-california-hopeful-for-tax-windfall-from-facebook-stock-now-worried-about-slide/2012/05/22/gIQAVWsiiU_story.html


48 posted on 05/22/2012 3:12:28 PM PDT by Rusty0604
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To: illiac

PUMP. AND. DUMP.


49 posted on 05/22/2012 3:13:27 PM PDT by StAnDeliver (=)
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To: Mouton

It was at the IPO. This is not new. He didn’t sell 30 million shares Friday and another 30 million shares today.

Just the 30.2 million shares everyone was told he would sell at the IPO. The sale is to raise cash to pay the taxes. It is very common.

Link to form 4 database:

http://www.secform4.com/insider-trading/1326801.htm


50 posted on 05/22/2012 3:14:55 PM PDT by free me (heartless)
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