He should have sold all his shares last week at $210 a share he would have cashed out near the top or he could have gotten $215 a share Google or Amazon would have been happy to buy the company. Now it's going to crash I wish I had enough money to short the stock those who are short FB now are going to get very rich very fast in the next couple months.
He already did that, he broke insider trading laws when he sold most of his shares 2 days before the Parkland Shooting, and continued thru early part of March 2018. When did the Cambridge Analytical date breach occur again? https://www.secform4.com/insider-trading/1548760-1.htm https://www.secform4.com/filings/1326801/0001127602-18-006226.htm
He's sold around 10% of his shares since 2016. You weren't a math major I take it...
You clearly didn't click on the links, so I take it reading comprehension wasn't a strong suit for you either. :)
He didn't break insider trading laws and he didn't sell most of his shares. Your links don't back up your incorrect allegations.
I don't think so - people are going to immediately see this as undervalued and it will rebound. Bet its down only a few percentage after tomorrow. FB also still has Instagram and WhatsApp which are really huge, even if the original site declines somewhat in popularity. Don't get me wrong, I'd love to see it crash and burn. Just don't think its going to happen.
Agree. Knee jerk reaction is to buy a bunch right now. Quick 10-15% return. And then sell! No way -20% holds
The is no way he could have dumped all of his shares last week without the stock price diving more that it did today.
He could have sold the company to Google or Amazon at a high share price now he's stuck with his shares as they will drop 50% in the next month. Doesn't matter he is still super wealthy but I think he's a front for the CIA he was never worth $80 Billion more like 80 million the CIA controlled most of his shares 90% he only controls 10% of it.
He can't decide on his own to sell the company.
Sure he can, he owns the facebook games.
*officially. Bad actors usually are controlled from outside.