Scott Sweet, senior managing partner of IPO Boutique, was quoted in the WSJ online on Facebook:
“The
company is getting what they wanted with the massive demand,” Sweet
said. “It is not uncommon that on a very hot deal that they can sell
more and often do.”
The full article is available here: http://blogs.wsj.com/deals/2012/05/16/facebook-insider-sales-unlikely-to-dent-ipo/
Scott offers research packages for upcoming IPOs at IPO Boutique.
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