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Zuckerberg has sold more Facebook stock in the last 3 months than any insider at any other company (This is just getting silly)

Zuckerberg has sold more Facebook stock in the last 3 months than any insider at any other company

In the two weeks before Facebook's latest struggles, CEO Mark Zuckerberg sold 1.14 million shares as part of regularly scheduled programs.
That was the most insider selling for any public company, going back as far as three months, according to Argus Research's Vickers Weekly Insider.
In the Facebook case, Zuckerberg and another executive sold shares about $20 above where they were trading Tuesday.
Analysts are not suggesting anything nefarious behind the regularly scheduled sales. However, the sheer volume of the selling can amount to an overhang on the stock at a time when it could use all the support it can get.
Facebook shares dropped 6.77 percent into correction territory Monday, the first trading day after a data scandal involving 50 million accounts added to concerns about user privacy. Facebook shares traded 5.3 percent lower near $163 Tuesday afternoon.
"The insiders use Rule 10b5-1 to sell on a regular basis. There are trading plans that they adopt and then they sell shares in a methodological manner," said Ben Silverman, director of research at InsiderScore. "I don't see a connection between the 

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Comment by Burbia on March 23, 2018 at 1:16am

Zuck me? Zuck you. 

Comment by Elyag Reed...We are Legion on March 22, 2018 at 9:34am

So Mr. Zuckerman (Greenberg) did not have a clue weeks before he sold that the stock would go down from that news.

But what is actually going down. Do they have factories producing any known product. Are they having tech development industrial parks around the country thereby employing thousands. What besides the original CIA funding is the Bankable value of their operation - does your bank lend based on who chats with you on your laptop or unsmart phone.

All have been Hoodwinked by the original filers that promoted the multi-Billion Hype, and they are still laughing..

Even if proved - his relative is Chairman of SEC...

We are Legion and Growing.

 

 

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