[hinckley buzzard]

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.

[NoRedTape]

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. :>

[Mouton]

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.

[Vermont Lt]

Actually I heard someone on CNBC talk about how BIG IPOs like this rarely decline. In fact most (7/8ths) are up higher than the market average after a year.

This was over sold. It will settle into the 20’s before the next quarter. Then it will live or die on revenues. Like every other company that makes nothing.