"To get Facebook shares, clients must agree not to sell them until 2013"
Why? Do they fear everybody selling short after? If I believe in Facebook I would keep their stock for a better growth year after year. Unless they know something we don't, or unless they know everybody will dump a hyper inflated stock.
You can't force me not to sell whenever I want, and that sole clause makes me very suspicious.
Yes they can. Companies do it all the time with employee stock purchasing programs, for instance, where you have to hold on for at least a year before flipping it.
Comments
"To get Facebook shares, clients must agree not to sell them until 2013"
Why? Do they fear everybody selling short after? If I believe in Facebook I would keep their stock for a better growth year after year. Unless they know something we don't, or unless they know everybody will dump a hyper inflated stock.
You can't force me not to sell whenever I want, and that sole clause makes me very suspicious.
Yes they can. Companies do it all the time with employee stock purchasing programs, for instance, where you have to hold on for at least a year before flipping it.