How Damaging Is Insider Selling for Facebook Right Now?
Facebook board member Peter Thiel has been vilified in the press lately after selling his stake in Facebook shares. But the move has been a bit exaggerated in the media, according to our technology and media editor. Thiel still owns $112 million of Facebook stock and generally follows the model of a venture capitalist, often buying into companies at an early stage. See the following video for more.
After the world's most-hyped IPO turned out to be a dud, most investors probably don't even want to think about shares of Facebook. But there are things every investor needs to know about this company. We've outlined them in our newest premium research report. There is a lot more to this company than meets the eye, so read up on whether there is anything to "like" about it today, and we'll tell you whether we think Facebook deserves a place in your portfolio. Access your report by clicking here.
The article How Damaging Is Insider Selling for Facebook Right Now? originally appeared on Fool.com.Andrew Tonnerand Austin Smith have no positions in the stocks mentioned above. You can follow Andrew and all his writing on Twitter at @Andrew Tonner. The Motley Fool owns shares of Facebook. Motley Fool newsletter services recommend Facebook. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.