Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Soros Reveals Stake In Facebook
http://www.businessinsider.com/soros-13-f-filing-2012-8 ^

Posted on 08/15/2012 10:17:38 AM PDT by kcvl

Hedge fund Soros Funds has filed his quarter 13-F report with the SEC.

According to the report, Soros completely dumped his stakes in Citigroup (420,000 shares), JP Morgan (701,400 shares) and Goldman Sachs (120,000 shares), leaving him with no position in any major financials at all.

He also got rid of minor stakes in Dell (3,100) and Intel (10,600).

As for going long, Soros revealed a a position in Facebook, having bought 341,000 shares.

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


TOPICS: News/Current Events
KEYWORDS: billionaires; facebook; fundingtheleft; soros

1 posted on 08/15/2012 10:17:42 AM PDT by kcvl
[ Post Reply | Private Reply | View Replies]

To: kcvl

It means he is thinking these entity are up for nationalization.


2 posted on 08/15/2012 10:22:11 AM PDT by jennychase
[ Post Reply | Private Reply | To 1 | View Replies]

To: kcvl

Did he buy a dog, or is he going to “fix” Facebook?


3 posted on 08/15/2012 10:25:29 AM PDT by Thebaddog (Remember, Obama said he's only 60% done with his agenda.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Thebaddog

As for going long, Soros revealed a a position in Facebook, having bought 341,000 shares...

I hope the asshole bought it all at $40.00/share


4 posted on 08/15/2012 10:27:20 AM PDT by AngelesCrestHighway
[ Post Reply | Private Reply | To 3 | View Replies]

To: kcvl

Soros + Facebook = 666 ?


5 posted on 08/15/2012 10:29:40 AM PDT by donna (Republicans wont change their ways until conservatives draw the line.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: kcvl

Crap, another reason to leave Facebook.


6 posted on 08/15/2012 10:29:40 AM PDT by Marathoner (GTFO: January 21, 2013)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Thebaddog

BreezyDog has a Facebook account. It’s actually BreezyDog Cocoa Angler. Named after 2 live and one dead dog.


7 posted on 08/15/2012 10:32:13 AM PDT by BreezyDog (PLAN A: A Peaceful Restoration of the Republic.....PLAN B: A Restoration of the Republic)
[ Post Reply | Private Reply | To 3 | View Replies]

To: kcvl

Hell... forget facebook....
Look at the fact that he has dumped most of his stock.

Fat lady is about to sing.


8 posted on 08/15/2012 10:40:56 AM PDT by Safrguns
[ Post Reply | Private Reply | To 1 | View Replies]

To: kcvl

He does not think like the rest of us. He is a predator of the worst kind.


9 posted on 08/15/2012 10:57:32 AM PDT by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Safrguns

My thoughts exactly.


10 posted on 08/15/2012 10:58:06 AM PDT by kcvl
[ Post Reply | Private Reply | To 8 | View Replies]

To: Safrguns

Big US banks told to make emergency plans...

Obama/Soros October surprise?


11 posted on 08/15/2012 11:03:12 AM PDT by BlatherNaut
[ Post Reply | Private Reply | To 8 | View Replies]

To: kcvl

If he bought the Facebook IPO he really took one up the shorts


12 posted on 08/15/2012 11:09:03 AM PDT by Buckeye McFrog
[ Post Reply | Private Reply | To 1 | View Replies]

To: Safrguns

That’s what I’m afraid of.

Time to get out of dollars. If you can’t buy gold or silver, invest in liquor. In smaller bottles, lots of them.


13 posted on 08/15/2012 11:21:01 AM PDT by Max in Utah (A nation can survive its fools, and even the ambitious. But it cannot survive treason from within.)
[ Post Reply | Private Reply | To 8 | View Replies]

To: kcvl

Makes me glad I never signed up for Facebook, Twitter or any of the other social networking sites.


14 posted on 08/15/2012 11:30:30 AM PDT by mass55th (Courage is being scared to death - but saddling up anyway...John Wayne)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Max in Utah
If you can’t buy gold or silver, invest in liquor. In smaller bottles, lots of them.

We'll burn through that in record time if Obama is re-elected.

15 posted on 08/15/2012 11:43:11 AM PDT by BlatherNaut
[ Post Reply | Private Reply | To 13 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson