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[Y] Facebook stock jumps 12.6 percent as share lockup expires

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Shares of Facebook Inc jumped nearly 13 percent on Wednesday, as investors breathed a sigh of relief that expiring trading restrictions on a huge block of shares failed to trigger an immediate wave of insider selling.

Since you were all proclaiming gloom and doom due to Bookface stocks dropping, here is the reason since most of us don't know a thing about stock market economics.

Essentially everyone thought that insiders would sell like wildfire once they got the chance.
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post #2 of 2
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Originally Posted by Twinnuke View Post

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Since you were all proclaiming gloom and doom due to Bookface stocks dropping, here is the reason since most of us don't know a thing about stock market economics.
Essentially everyone thought that insiders would sell like wildfire once they got the chance.

They may still sell though. wink.gif It's definitely less a science. Then of course there all the people going this ratio or that ratio are good/bad or "they're sitting on too much (or too little cash)" and so on. My question is outside of the "revenue problem" what else does FB face that's daunting? Right now they're still (for better or worse) the de facto social website and as long as they hold onto that appearance they'll have some value...what value is for the markets to decide.
     
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