So have they built it up as far as it will go and are now jumping ship? Why not, I would. Facebook is about to go public. I don't feel that investors will believe the hype. instead they will look at the numbers which don't stand up. The floatation will not come up to expectations and the value of the company will fall. Hence the bailing out.
selling at the beginning of a new tax year allows one to use the money for about eighteen months before tax is due on profits. If you invest in other places, within a year of the gain in the UK, then Corporation Tax on profits is lowered considerably.
So game over, next player please. Facebook has reached the mountain top and the only way to go is DOWN.
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