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Originally Posted by ilduclo
....FB currently pretty close to $13 from what I bought it at. paper loss so far $5054......
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did you see mat taibbi's blog today: you and a million other people got hosed by the banksters, man.
http://www.rollingstone.com/politics...party-20120523
A suit has been filed by Facebook shareholders against Mark Zuckerberg, Facebook, Morgan Stanley and others. It's based on a very simple concept: when internal analysts learned that Facebook’s numbers were going to be worse than expected, the company and its bankers didn’t tell everyone, but just "selectively disclosed" information to a small group of "preferred investors."
Isn't that called insider trading? Of course, under a fascist state, everything is illegal, just selectively enforced.