Zuckerberg creates new class of stock in preparation for selling to institutions and the public.
Insiders have been talking about the possibly of an IPO for months, but today the dual stock class decision is a clear indication that your chance to own some powerless B class shares is coming soon ;-)
I think I’ll try to backup the truck on FB stock when I can. Even after the institutional investors load up early and machine gun shares as the sheep, I think there will be enough juice left to make some serious gains before the 2.0 meltdown is initiated.
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