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A comment on Facebook insiders sold 57% of their shares on Friday.

Re:Facebook insiders sold 57% of their shares on Friday by cube13 on Friday May 25, 2012 @11:26AM (#4023866)
The "insiders"(who are these people?) selling off shares isn't that much of an issue. It's simply good investing.

The IPO was the big chance for people with equity in Facebook to finally cash out and actually make some money off of the company.

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Re:Facebook insiders sold 57% of their shares on Friday by derwiki on Friday May 25, 2012 @11:47AM (#4023962)
The IPO wasn't the first chance to cash out -- Facebook was being heavily traded in secondary markets before the IPO (and the lockup preceding the IPO).
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Re:Facebook insiders sold 57% of their shares on Friday by smackfu on Friday May 25, 2012 @12:52PM (#4024330)
The price in the secondary markets seems relevant here. Facebook's valuation was probably highest at the time of the IPO, and also the secondary markets are going to have downward price pressure because it's much harder to trade shares.
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