Paul Tudor Jones Reveals Big Moves In Facebook, Apple, Groupon

http://www.businessinsider.com/paul-tudor-jones-q3-13f-2012-11

 

So this is how legends die?

"Picked up 100,000 shares of Facebook since Q2. >>>>loser
Picked up 150,000 shares of Groupon since Q2 >>>>loser
Went from 400,000 shares of Zynga to 649,578 shares since Q2. >>>>loser

 

150,000 shares in groupon is like lunch money for Tudor Jones. I'm surprised their fund would enter such a small trade. It almost sounds like one of their junior traders slipped on his keyboard and brought them by accident.

 

Bvi has many pods. So this is probably the work of some pod there who was given 50mm to manage.

 

I wish someone would give me 50mm to manage

 

GRPN and ZNGA up 6 or 7% today. Nice start.

 

This filing is for stocks bought during Q3, so he's underwater. He's way under on GRPN and may not be as bad on ZNGA.

 

When Jones buys tops/bottoms he probes and tests with small positions. Then, if it moves in his favor, he adds on--big.