Peter Thiel Sells 20 Million Shares Of Facebook

[link to stream.marketwatch.com]

Classic pump and dump.

Why are people still playing the rig game?

He invested $500k and came out with hundreds of millions.

true he should profit 400,000,000 but missed out on making 750,000,000 you know how greedy those bastards can get. I would be pissed

Last Edited by marlborolightsplease on 08/21/2012 07:15 AM

I dunno, perhaps it still works

we will know what impact this has in 11 minutes , premarket tickers will start rolling

Aaand he's probably ganna put half of it in gold..this is bigger then fb. George soros dumps his stocks for gold, this chump drops all of his stock, and Morgan Stanley issues a warning to its clients to get out of stock. Rothschild bets against the euro. Something big is about to happen and if it's not solely financial doom it's big enough to create financial doom.

down .21 right now with over 100k traded so far before 8am means a lot of institutional selling

is his last name spelled 'thief' ?

guess i should sell my 5000 as well.

off topic best buy misses earnings big time shares are carshing

I sure hope you haven't held since IPO my friend

suspending earning guidance wtf down 9%

yep just saw that down 8%

arrgh i had 200 in best buy... !!

honestly it doesn't surprise me every time I go into Best Buy I see 25 employees and I still have to ASK for help.

Not to mention the store is set up all wrong and is never clean or customer friendly

well it weathering the storm right now , the fb plunge team is doing the job, just make sure you watch what the employees do come november

he is a billionaire anyway. He is an early pay pal investor, early facebook investor, he runs a billon dollar hedge fund, wrote a book with Garri Kasparov, donated 3 million dollar to ron pauls campaign,he donated to the tea party, he is member of the bilderberger, he is a top chess player, he invests millions in scientists who try to stop the aging process, he is building a floating island where he can live hie anarchistic dreams.

He is different than anyone else thats for sure.

I guess conning people into putting their whole personal life online and then selling that information to the highest bidder wasn't such a great business model after all.

that is so true, and just like circuit city whenever they advertise something it is sold out the first day of the sales price. The oldest gimmick in the world

of course but he could have called off the sale. So this is bad for the stock either way you look at it

He must have lost a fortune. That's one ass raping that homo wont soon forget.

made a fortune

he did make a fortune but he sits on the board. This is a major problem for a stock that is aloready struggling big time.

He was THE first investor in Facebook besides eduardo saverin (co founder of facebook)

If this was good news he would have bought more, not sold most of his stake.

He did of course make a fortune due to his early investment.

Facebook has a lot of issues due to the falling share price.

And in November there is a ton of shares being unlocked that can be sold

Last Edited by Philligan on 08/21/2012 08:59 AM

Stock is going to plummet.