With Glut of New Facebook Shares Freed, Analyst Predicts Stock Could Hit $15
Posted on: November 14, 2012 by Connie Loizos1 Comment »
Today, the third tranche of restrictions locking up Facebook shares expires, and the quantity of shares available to trade – roughly 800 million, or 36 percent of the stock outstanding — is stunning.
The big questions, of course, are how many shareholders – and, importantly, which of them — will use the occasion to turn that stock into cold, hard cash.






