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	Forums ›› Main ›› Wall St. News ›› Zuckerburg sold 30 million shares. How public feels now logging on to FB homepage?

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wilburbear

Registered: Oct 2004
Posts: 3038

05-23-12 05:07 PM

negative associations to facebook.............

http://www.sec.gov/Archives/edgar/d...345X03/doc4.xml

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tenthousandmen

Registered: Dec 2011
Posts: 728

05-23-12 05:15 PM

he needs to pay taxes, thats why he sold some

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wilburbear

Registered: Oct 2004
Posts: 3038

05-23-12 05:49 PM

Quote from tenthousandmen:

he needs to pay taxes, thats why he sold some

No, he's got to be more careful than that about his image.

My wife is a "soccer mom" with 2 kids. The mommies do 40 minutes a day on Facebook. If a celeb uses the "N word" the mommies spread that like wildfire, and that person is "out".

Rightly or wrongly, if Zuckerburg is seen abusively cashing out a billion bucks, they *will* go someplace else. Their discomfort tolerance for that sort of thing is near zero.

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PlinytheTrader

Registered: Nov 2011
Posts: 69

05-23-12 05:57 PM

Quote from wilburbear:

Rightly or wrongly, if Zuckerburg is seen abusively cashing out a billion bucks, they *will* go someplace else. Their discomfort tolerance for that sort of thing is near zero. [/B]

Where will they go? Myspace????

I don't think any rational person is going to see a CEO cash in some stock and then make a moral decision that the company is not tolerable anymore. The dude created the most valuable IPO in years and he is not allowed to reap some of the rewards? How can that be seen as abusive?

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nutmeg

Registered: Jan 2007
Posts: 18234

05-23-12 06:18 PM

Remember this headline from Obama?

Obama: “I do think at a certain point you’ve made enough money”

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LEAPup

Registered: Aug 2008
Posts: 4137

05-23-12 06:30 PM

Just my opinion, any yes, we know what they say about opinions... However, Facebook has to be one of the biggest wastes of time, people go there to fight with each other, the narcissists rum rampant there, infidelity and Facebook go hand-in-hand (oh yes, I know a divorce attorney who LOVES Facebook as its made him wealthier!), etc., I could go on...

Just glad I deleted divorce book from my life after a month of it coming out. Now I laugh to myself watching people waste away on that piece of garbage site.

Prediction: fartbook will be going the same way as the leisure suit, and station wagon sooner than later. Those who bought those shares on pure emotion have proven to be perfect examples of sheeple...

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