engine - 4:09 pm on Aug 13, 2012 (gmt 0)

1.6 Billion Facebook Shares Eligible to Come To Market From Thursday [nytimes.com]

The next test for the stock could come soon. Over 1.6 billion shares will be eligible to come on the market in several waves, starting on Thursday, when a number of shareholders are allowed to sell. Investors may fear that an influx of shares could cause prices to fall even more. “It becomes a company perceived as vulnerable rather than invincible,” said David B. Yoffie, a Harvard Business School professor who sits on several technology company boards, though none that relate to or compete with Facebook.