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Mark Zuckerberg Commits To Not Selling Stock For A Year

 
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User ID: 22350639
United States
09/04/2012 06:12 PM
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Mark Zuckerberg Commits To Not Selling Stock For A Year
Some news out of Facebook tonight.
Mark Zuckerberg has committed to not selling any shares for the next year in a filing with the SEC.
Facebook board members Marc Andreessen and Donald Graham will be selling some Facebook shares, but only to cover a tax bill.
Facebook's stock has been battered since the IPO, so any news about selling, buying, or standing still is a big deal.


Read more: [link to www.businessinsider.com]
Anonymous Coward
User ID: 9384104
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09/04/2012 06:16 PM
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Re: Mark Zuckerberg Commits To Not Selling Stock For A Year
He could always commit to some swaps with the assistance of an Investment Bank as a broker between him and another party.
 Quoting: Open Your Eyes


He's probably not going to ride it down to .0001 without selling something off.
Anonymous Coward
User ID: 6368882
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09/04/2012 06:21 PM
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Re: Mark Zuckerberg Commits To Not Selling Stock For A Year
Facebook is database company. With the increasing police state, you bet it'll be worth way more than it's IPO a few months back. Your information is VALUABLE. Remember that.
Anonymous Coward
User ID: 17114980
Canada
09/04/2012 06:25 PM
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Re: Mark Zuckerberg Commits To Not Selling Stock For A Year
Facebook is database company. With the increasing police state, you bet it'll be worth way more than it's IPO a few months back. Your information is VALUABLE. Remember that.
 Quoting: Anonymous Coward 6368882


yep this is called washing out the retailers..


I'm thinking about buying in when I see some sideways movement.


but it bothers me to know zuck will be dumping in a year...maybe I should wait till then.
Anonymous Coward
User ID: 9384104
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09/04/2012 06:27 PM
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Re: Mark Zuckerberg Commits To Not Selling Stock For A Year
Facebook is database company. With the increasing police state, you bet it'll be worth way more than it's IPO a few months back. Your information is VALUABLE. Remember that.
 Quoting: Anonymous Coward 6368882


Facebook stock will only gain value if they keep making bigger and bigger profits.

As more and more people come to realize what Facebook is really all about, fewer and fewer people will use Facebook.

It's happening already.

Stagnating or declining profits = declining stock price
Anonymous Coward
User ID: 1077811
Australia
09/04/2012 06:41 PM
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Re: Mark Zuckerberg Commits To Not Selling Stock For A Year
Will that really help considering the ridiculous P/e?
Anonymous Coward
User ID: 3850631
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09/04/2012 06:47 PM
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Re: Mark Zuckerberg Commits To Not Selling Stock For A Year
He's probably lying, just like politicians lie when they say they are going to do things.
Grammar Cunt
User ID: 22717616
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09/04/2012 07:00 PM
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Re: Mark Zuckerberg Commits To Not Selling Stock For A Year
He's probably lying, just like politicians lie when they say they are going to do things.
 Quoting: Anonymous Coward 3850631


This sounds about right to me.
Anonymous Coward
User ID: 15384308
Australia
09/04/2012 07:02 PM
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Re: Mark Zuckerberg Commits To Not Selling Stock For A Year
Facebook is screwed. The stock is way overvalued and the only way is down!

[link to www.smh.com.au]

Somebody should be getting in big trouble for selling shares in such a crap company for such a high price. But stealing billions of dollars through banking shenanigans doesn't get punished does it?
Anonymous Coward
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09/04/2012 07:33 PM
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Re: Mark Zuckerberg Commits To Not Selling Stock For A Year
I thought he cashed out not long after the downward slide
Anonymous Coward
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09/04/2012 07:45 PM
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Re: Mark Zuckerberg Commits To Not Selling Stock For A Year
HA HA! I smell blood and desperation!
Anonymous Coward
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09/04/2012 07:49 PM
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Re: Mark Zuckerberg Commits To Not Selling Stock For A Year
The dude already has at least a billion in cash, right? Plus I hear he lives real frugal, like in a normal suburban house and shit. Typical aspie.
Anonymous Coward
User ID: 1453936
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09/04/2012 07:57 PM
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Re: Mark Zuckerberg Commits To Not Selling Stock For A Year
his real name is jacob michael greenberg and he is only 23 years old. His name comes from a combination of greenberg and zuckerman, his parents' names. Don't believe anything they say about facebook.
Anonymous Coward
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09/04/2012 07:58 PM
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Re: Mark Zuckerberg Commits To Not Selling Stock For A Year
About 234 million shares held by employees will be eligible for sale in the public market on October 29
FatalW1shes

User ID: 18009481
United States
09/04/2012 08:00 PM

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Re: Mark Zuckerberg Commits To Not Selling Stock For A Year
He sold billions worth already. So why would he even care if he sold another share? It's pointless, meaningless, and will have zero effect on him.
Anonymous Coward
User ID: 2391560
United States
09/04/2012 08:03 PM
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Re: Mark Zuckerberg Commits To Not Selling Stock For A Year
facebook, aka blue book, aka blue stage masonry book
aka prostitute book
aka crypt book
aka human slavery/tracking device
it's all the same thing
Anonymous Coward
User ID: 961432
United States
09/04/2012 08:19 PM
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Re: Mark Zuckerberg Commits To Not Selling Stock For A Year
Facebook is database company. With the increasing police state, you bet it'll be worth way more than it's IPO a few months back. Your information is VALUABLE. Remember that.
 Quoting: Anonymous Coward 6368882


Wow, if that is the only thing "valuable" in this companies business model, then anything over $0.05 is overvalued. You think private retailers will have access to all this information and be able to process it affordably to tailor products for you as an individual? crazy

No, the whole scam was based on advertising, the newest devices capable of an interface with Facebook, portable media, don't have enough screen space for effective advertising. The whole concept is a sham, scam, oh wait that is most of our financialized eCONomy, nevermind.
Anonymous Coward
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09/04/2012 08:21 PM
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Re: Mark Zuckerberg Commits To Not Selling Stock For A Year
The only thing Fuckerberg is worried about is going to jail and shareholder lawsuits over his big ripoff. If Fuckerberg dumps any more stock soon he'll look even more guilty and a civil or criminal court jury will be way more likely to decide against him.
Anonymous Coward
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09/04/2012 08:25 PM
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Re: Mark Zuckerberg Commits To Not Selling Stock For A Year
Facebook is database company. With the increasing police state, you bet it'll be worth way more than it's IPO a few months back. Your information is VALUABLE. Remember that.
 Quoting: Anonymous Coward 6368882


The ultimate targetted adds are coming your way one day my friends.

"Buy the black mamba dildo with the variable speed oscillating head your girlfriend nancy smith has been craving since your August 2009 trip to Hawaii for only three easy installments of $19.99."

gasp
Anonymous Coward
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09/04/2012 08:27 PM
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Re: Mark Zuckerberg Commits To Not Selling Stock For A Year
He is also moving up the lockout date, so the employees can cash out their stocks before the ship completely sinks. Now why would he go and do that, if he believed in his company?
Anonymous Coward
User ID: 21803228
United States
09/04/2012 09:06 PM
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Re: Mark Zuckerberg Commits To Not Selling Stock For A Year
The only thing Fuckerberg is worried about is going to jail and shareholder lawsuits over his big ripoff. If Fuckerberg dumps any more stock soon he'll look even more guilty and a civil or criminal court jury will be way more likely to decide against him.
 Quoting: Anonymous Coward 23156083


Fuckerberg. I like it :)
Anonymous Coward
User ID: 23202967
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09/04/2012 10:41 PM
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Re: Mark Zuckerberg Commits To Not Selling Stock For A Year
FaceBukk is the biggest POS scam in the history of the internet.

screw you zuckerpuke, you bedwetting asshole.
Anonymous Coward
User ID: 13243089
United States
09/04/2012 10:43 PM
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Re: Mark Zuckerberg Commits To Not Selling Stock For A Year
He could alway hedge his shares.
Anonymous Coward
User ID: 11968325
United States
09/04/2012 10:50 PM
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Re: Mark Zuckerberg Commits To Not Selling Stock For A Year
Facebook is database company. With the increasing police state, you bet it'll be worth way more than it's IPO a few months back. Your information is VALUABLE. Remember that.
 Quoting: Anonymous Coward 6368882


that is precisely why I don't have a facebook account. Garbage, nothing but garbage. They take the info, sell it to Marketing companies, the government and anyone else. They use the American and other people pure and simple. Don't get used, cancel your Facefuck account before it is too late. This Zuckerschmuck has way too many billions of your hard earned dollars for his britches.
Lo0seR

User ID: 20220748
United States
09/04/2012 11:15 PM
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Re: Mark Zuckerberg Commits To Not Selling Stock For A Year
He sold billions worth already. So why would he even care if he sold another share? It's pointless, meaningless, and will have zero effect on him.
 Quoting: FatalW1shes


^THIS^
"When in doubt, ask"

+ For every credibility gap there is a gullibility fill +
Saddletramp
We Don't Rent Pigs...

User ID: 739427
United States
09/04/2012 11:17 PM

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Re: Mark Zuckerberg Commits To Not Selling Stock For A Year
That's because if he sold now all he would get is one helluva tax write off...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Anonymous Coward
User ID: 1447583
United States
09/04/2012 11:24 PM
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Re: Mark Zuckerberg Commits To Not Selling Stock For A Year
Will that really help considering the ridiculous P/e?
 Quoting: Anonymous Coward 1077811


I'm glad someone mentioned this. Facebook was priced at 100 times earnings. Facebook is a buy at $2 a share and a sell at $4 a share. Also, LOL at the idiots who bought this stock thinking it would be a gauranteed money maker. That's right, stocks can go up or DOWN. The smartest move one can make regarding the stock market is to not play it. You'll have better luck at the roulette wheel.
Anonymous Coward
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Canada
09/04/2012 11:45 PM
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Re: Mark Zuckerberg Commits To Not Selling Stock For A Year
Facebook is database company. With the increasing police state, you bet it'll be worth way more than it's IPO a few months back. Your information is VALUABLE. Remember that.
 Quoting: Anonymous Coward 6368882



It's too easy to bluff the social media algorithm. you can create any perception you want. There's no law that says what you post has to be based on real life.
Anonymous Coward
User ID: 11968325
United States
09/05/2012 12:04 AM
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Re: Mark Zuckerberg Commits To Not Selling Stock For A Year
Will that really help considering the ridiculous P/e?
 Quoting: Anonymous Coward 1077811


I'm glad someone mentioned this. Facebook was priced at 100 times earnings. Facebook is a buy at $2 a share and a sell at $4 a share. Also, LOL at the idiots who bought this stock thinking it would be a gauranteed money maker. That's right, stocks can go up or DOWN. The smartest move one can make regarding the stock market is to not play it. You'll have better luck at the roulette wheel.
 Quoting: Anonymous Coward 1447583


I think it may have been priced at 500 times earnings. I do agree that it would be a buy at $2 a share.

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