Zuckerburg sold 30 million shares. How public feels now logging on to FB homepage?

asap · May 23, 2012

Quote from LEAPup:

Yep, certainly a lot of fighting on et, no question. I'll have to hypothesize baron does a better job with revenue than fartbook can, as I myself have purchased some services I never knew about before, and found them on et. Sierra charts, etc.,

I'd say et will be here long after fight book goes the way of the leisure suit.

approximately 5% of the population hate Facebook and other related social interaction tools available online.

coincidently, 5% pf the population suffer from social behavior disorders too.

draw your own conclusions.

cactus_trader · May 24, 2012

Quote from THE-BEAKER:

reminds me of mozillo when he was selling countrywide.

similiar scenario.

thin air assets and and a falling share price with the owners and directors cashing in their shares.

bill gross quote about facebook ' i know a bubble when i see one '.

angelo had to pay for his grand kids college so he sold his share

seemed totally logical

my thoughts on facebook - it is the new personal pages which will be around for a looong time with almost 1 billion users, but will be profitable like exxon or gs or apple? not really, they do not really have a product/service that will create fortune 500 earnings

badvestor · May 24, 2012

Banking a cool Billion is a smart move. Having a networth in shares means nothing. Cash is always king.

intradaybill · May 24, 2012

Quote from PlinytheTrader:

Where will they go? Myspace????

I don't think any rational person is going to see a CEO cash in some stock and then make a moral decision that the company is not tolerable anymore. The dude created the most valuable IPO in years and he is not allowed to reap some of the rewards? How can that be seen as abusive?

Socialists are not going to understand you. An IPO is when the creators get paid for their hard work. Socialists have envy. They want people to work and distribute their wealth to those who day dream equality in everything. This is a very dangerous attitude. What is funny is that at the other extreme, some bought the stock and they wanted to become rich in one day and are now suing the company. The bast*rds wanted to become rich in one day but they hate the guy who worked on this for 8 years to become rich. This attitude is scary for free economy and the future. According to this guy, facebook created a lot of wealth by salvaging the PC industry:

http://t.co/0wdGnj8r

These people are myopic if they think the CEO of a company does not deserve to cash in a little. They are also dangerous because they cultivate an attitude towards future IPOs and discourage innovation.

zdreg · May 24, 2012

Quote from intradaybill:

Socialists are not going to understand you. An IPO is when the creators get paid for their hard work. Socialists have envy. They want people to work and distribute their wealth to those who day dream equality in everything. This is a very dangerous attitude. What is funny is that at the other extreme, some bought the stock and they wanted to become rich in one day and are now suing the company. The bast*rds wanted to become rich in one day but they hate the guy who worked on this for 8 years to become rich. This attitude is scary for free economy and the future. According to this guy, facebook created a lot of wealth by salvaging the PC industry:

http://t.co/0wdGnj8r

These people are myopic if they think the CEO of a company does not deserve to cash in a little. They are also dangerous because they cultivate an attitude towards future IPOs and discourage innovation.

coincidentally I just started a thread on this subject.
the # of IPOs has been in a downward trend for years.
http://www.elitetrader.com/vb/showthread.php?s=&postid=3534921#post3534921

Grandluxe · May 24, 2012

Quote from intradaybill:

Socialists are not going to understand you. An IPO is when the creators get paid for their hard work. Socialists have envy. They want people to work and distribute their wealth to those who day dream equality in everything. This is a very dangerous attitude. What is funny is that at the other extreme, some bought the stock and they wanted to become rich in one day and are now suing the company. The bast*rds wanted to become rich in one day but they hate the guy who worked on this for 8 years to become rich. This attitude is scary for free economy and the future. According to this guy, facebook created a lot of wealth by salvaging the PC industry:

http://t.co/0wdGnj8r

These people are myopic if they think the CEO of a company does not deserve to cash in a little. They are also dangerous because they cultivate an attitude towards future IPOs and discourage innovation.

But you still voted for Obama. Why?

wilburbear · May 24, 2012

Quote from LEAPup:

Just my opinion, any yes, we know what they say about opinions... However, Facebook has to be one of the biggest wastes of time, people go there to fight with each other, the narcissists rum rampant there, infidelity and Facebook go hand-in-hand (oh yes, I know a divorce attorney who LOVES Facebook as its made him wealthier!), etc., I could go on...

Just glad I deleted divorce book from my life after a month of it coming out. Now I laugh to myself watching people waste away on that piece of garbage site.

Prediction: fartbook will be going the same way as the leisure suit, and station wagon sooner than later. Those who bought those shares on pure emotion have proven to be perfect examples of sheeple...

I will never, ever join Facebook.

On the internet, I research my competitors lives.

wilburbear · May 24, 2012

Quote from PlinytheTrader:

Where will they go? Myspace????

I don't think any rational person is going to see a CEO cash in some stock and then make a moral decision that the company is not tolerable anymore. The dude created the most valuable IPO in years and he is not allowed to reap some of the rewards? How can that be seen as abusive?

There's a thing called social media on the internet. Other players, including Google, offer alternatives.

You should become a billionaire if you think there is a constricted supply of social media websites.

denner · May 24, 2012

Quote from Grandluxe:

But you still voted for Obama. Why?

Even worse, this asshole is a bigger loon than Krugman when it comes to quantitative easing. It's beyond laughable that this guy even talks about "capitalism".

PlinytheTrader · May 24, 2012

Quote from wilburbear:

There's a thing called social media on the internet. Other players, including Google, offer alternatives.

You should become a billionaire if you think there is a constricted supply of social media websites.

I never said there weren't any other social media web sites. I was responding to your notion that soccer mom's are going to abandon facebook b/c its owner cashed out some money in the company he created. These "soccer moms who spend 40 minutes a day" on FB might have some moral higher standards that they live by, but i bet those moral standards won't be stronger than their need to utilize FB for gossip and playing king maker with their friends towards celebrities who they think use inappropriate language. How come they don't have a problem with FB selling their personal information for profits, but hate Zuck for profiting from his own company?