Saturday, May 26, 2012

The aftermath of the highly controversial Facebook IPO: the expected FB price range is possibly $17 - $20 or "Why Facebook’s Stock Still isn’t a Bargain Aug 20, 2012 marks the first IPO lockup period expiration and allows some insiders to sell, according to CIO Today, about 268 million shares of Facebook stock. Most insiders, however, will have to wait the full 181 days before they can sell the remaining 1.7 billion shares. The sheer number of shares potentially flooding the market could further push the stock price down into the $17 - $20 price range"

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