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Facebook Stock Dips & Rips After Andreessen Dumps 15% Of His Stake
Never mind that one of the "smartest people in the room" just dumped 15% of his stake, Facebook fanboys are buying the stock's dip with both hands and feet... you can't keep a good momo stock down.
- *ANDREESSEN SOLD 309,464 FACEBOOK SHRS 10/30-11/2: FILING (YDAY)
- *ANDREESSEN SAID TO HAVE SOLD 15% OF HIS FACEBOOK STAKE: WSJ
Which dipped the stock... only to be ripped back...
Maybe they should be asking - what does he know? We are sure there are plenty of excuses for this "profit-taking" on a big chunk of his stake.
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People running into a burning building.
Run in, just make sure you are not last one in building. This is theory of greater fool.
Greatest fool may now be us ZH headline followers.
'DIP' and 'RIP'???? On a move from sub-$104 to $102 1/2???
Am I missing something or has CNBS been hired to write for ZH?
It's cold outside with zero % rates.
I didn't know Yellen was a Facebook fan boy. Anything to keep this CIA darling steaming along.
Disregard everything
Buy all dips
Unicorn is a nice lean meat and makes a good burger.
But impossible to track and catch. You have to wait for it to get its horn caught in a tree.
Buyback, buyback, buyback .....
Fuckbook produces retards so go with throttle up...
Marc's moving his FB profit into Bitcoin.
Moving stake to Yahoo. Watch for news next week.
Have you seen the PE for FB?......
I rather buy DDD here.....
I've always found it amusing to read that profits of thousands of public internet companies will magically catch up to justify their PE.
They all need to increase profits by dramatically increasing advertising. Yet the pool of advertising dollars is reasonably fixed. So tell us, where is all that PROJECTED advertising revenue coming from?
BTW, FB PE is 110 and Apple is 13 with a 1.7% dividend
Really digging for news today, eh? Move along.
Oh look, trading bits & bytes over something that its main assets is users that's logins to its site.
Uhuh.. at least intel is making something that it can sell in physical form.
But, why do i care. Never use that casinos anyway...
He sold 15%, big deal. If he sold 85%, that would be a story.
Bear Raid ?
$0.50 is a dip and rip, on a $102 stock????
shitgum
How can I believe any data about FB? I cancelled out years ago and received confirmation that my FB page was closed. But there it sits to this day,alive and well (but unused).