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---- Facebook: Peter Thiel cashes in stake for $396m


Leosghost - 11:56 am on Aug 21, 2012 (gmt 0)


Mr Thiel had already sold shares worth more than $640m during the flotation, taking his total profit to more than $1bn.

Data from financial information firm Markit indicates that the number of investors betting on the shares to fall further - so-called short interest - in Facebook is now at record levels.


[bbc.co.uk...]


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