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November 14, 2012 10:45 pm GMT
Today's massive lockup expiration has hung like a black cloud over Facebook. But there's no more specific moments investors can point to and say "I'm not buying until after that", and finally Facebook may start trading on its merit. The 773 million shares unchained today may continue filtering into the market, but its 8.62% boost shows this may have been the day Facebook bulls were waiting for.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/yMJ9W-1kIYE/
The Light At The End Of Facebooks Lockup Tunnel
Today's massive lockup expiration has hung like a black cloud over Facebook. But there's no more specific moments investors can point to and say "I'm not buying until after that", and finally Facebook may start trading on its merit. The 773 million shares unchained today may continue filtering into the market, but its 8.62% boost shows this may have been the day Facebook bulls were waiting for.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/yMJ9W-1kIYE/
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