Saturday 8 September 2012

Face Book Planning To Buy Signal?


The iPhone 5 launch on Wednesday, Sept. 12, is sure to be the most important event for tech investors this year. The Motley Fool will be hosting a live chat where our top tech analysts will answer your questions and break down what the announcement means for Apple and tech investors everywhere. Be sure to swing by Fool.com at 12:45 p.m. ET next Wednesday for all your coverage of Apple's next big announcement.

CEO Mark Zuckerberg plans to hold his shares of Facebook for another year -- an unsurprising move coming from the founder of the tech giant. Since we're long-term investors here at the Fool, we'd expect that investors would hold their shares for a minimum of a year and respond with a bit of a shoulder shrug. Did you really expect him to sell anyway? However, it does provide some solace, given that other recently public tech companies such as Groupon and Zynga have been absolutely slammed on insider sales recently.
You may already know that in the final year of his life, Jobs revealed a stunning betrayal — and told his biographer, "I will spend my last dying breath... and every penny of Apple's $40 billion in the bank to right this wrong."

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