lexipixel - 7:57 pm on May 19, 2012 (gmt 0)
Venture capital firm Accel Partners, based in Palo Alto, California, planned to offer 49 million shares in the initial sale, while Goldman Sachs aimed to sell 28.7 million, according to terms Facebook disclosed this week. Digital Sky Technologies planned to sell 45.7 million shares, and Tiger Global Management planned to sell 23.4 million shares.
Facebook executives and directors planned to sell 189.4 million shares.
Sounds like "cashing out" to me.
I don't own any FB stock, have no financial interest in the company, (other then hoping it goes down the toilet where it belongs), so my prediction is $36.84 at 4:00pm EST Monday, May 21, 2012.