“What we saw yesterday is a massive sell-off in the early trading session, where Facebook fell more than five percent just within the first hour,” stated Wisnefski. “While the selloff may have been sparked by investors expecting insiders to release their holdings, the fact that trading value was so high does hint at the fact that some Facebook executives could have executed their right to release some of their shares.” Read more
Related posts:
Feb. 9 - U.K.'s Bango Inks Deal for Facebook Mobile, Maybe Ads | Investor’s Business Daily
Ken Wisnefski in the Washington Post on Alibaba's 3rd quarter earnings
Is Facebook a Helping Hand for News Media or has it become a Crutch? from TheStreet.com
Ken Wisnefski on Phillies GM Ruben Amaro's PR problem