Facebook trades under $30, down 7%+

Re:Facebook trades under $30, down 7%+ by badusername on Tuesday May 29, 2012 @12:27PM (#4038252)

I assume it was financially healthy for a very small group of people within Facebook. Most of the employees would be on lockdown before they can sell their stocks on the public market, no?

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Re:Facebook trades under $30, down 7%+ by ceejayoz on Tuesday May 29, 2012 @12:28PM (#4038262)

Facebook, the company, got a lot of money out of the IPO, not Facebook's individual employee holdings.

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Re:Facebook trades under $30, down 7%+ by jonknee on Tuesday May 29, 2012 @12:42PM (#4038339)

Insiders got even more out of the IPO than the company did.

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Re:Facebook trades under $30, down 7%+ by ddet on Tuesday May 29, 2012 @12:29PM (#4038265)

I am assuming they have to wait 6 months, by then FB will not be worth much compared to their strike price.

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Re:Facebook trades under $30, down 7%+ by cjrp on Tuesday May 29, 2012 @12:34PM (#4038295)

3 months - http://blogs.wsj.com/digits/2012/05/24/facebook-lock-up-expi...

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Re:Facebook trades under $30, down 7%+ by muyuu on Tuesday May 29, 2012 @12:58PM (#4038433)

At this rate these 3 months will feel very long and they will be pretty much "a worry" for those affected.

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Re:Facebook trades under $30, down 7%+ by zeroonetwothree on Tuesday May 29, 2012 @02:00PM (#4038800)

It's 6 months for most employees.

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