Tuesday, August 14, 2012

Facebook Insiders Can Sell Stock Thursday

$FB - Facebook: Insiders can sell stock on Thursday.  Will the next leg down start?  This will be fun to watch.  I have no positions in FB.  I don't know what to expect, but I have a hunch there will be a bit of supply hitting the market as folks locked in try to salvage some value out of their shares, in the fear that the stock price will go even lower in the months ahead.

Facebook insiders can sell stock as 'lock-up' ends
MENLO PARK, Calif. (AP) — Facebook's early investors and a handful of directors will become eligible on Thursday to sell stock they own in the social ... Read more

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