See FB Facebook Stock Share Lock-up Expiration Timetable
My guess is Dan Niles is playing a bounce in stock price and will be out before the date showing 53.6% of the shares hit the market next month.
If he wanted to buy more shares for his hedge fund right after it jumped 20%, then why would he tell a large audience it was a good value?
Personally, I would not touch the stock with Dan's ten foot pole until after 95% of the shares are released for sale.
"Witnessing the Republicans and the Democrats bicker over the U.S. debt is like watching two drunks argue over a bar bill on the Titanic." Kirk Lindstrom
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