LogFAQs > #1171605

LurkerFAQs ( 06.29.2011-09.11.2012 ), Active DB, DB1, DB2, DB3, DB4, DB5, DB6, DB7, DB8, DB9, DB10, DB11, DB12, Clear
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TopicAnyone interested in a stock/financial discussion topic?
red sox 777
05/23/12 8:31:00 AM
#27:


What would that say when the guy behind everything dumps his entire ownership immediately? Sure it woulda been great for his castle-building exploits, but the share price would have torpedoed a lot worse than it already has.

Yeah, the market probably couldn't take that volume of selling. I think they only sold something like 10% of the stock total for the IPO......so selling 3 times that from Zuckerberg would probably torpedo the stock really badly, even before he got off most of the trades.

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