here is how it works: All of the big bankster investment banking firms who took this POS public (I.e. JP Morgue), realize that they are underwater on a total pig of a stock. They realize that in a few short months, another lock up date for insiders is going to expire and drive share price down even further. Then there is the additional problem of the end of the year fire sale in which all of these people who own FB shares and are underwater will sell it in order to offset gains in other stocks. So best and quickest way out is to "create" a rally by doing a bunch of "intrahouse" trading. Client A sells to vclient B and client B sells to Client C who sells it back to A. And at every turn the price gest ratched up. The rest of the sheeple in the market see this and immediately start buying like the pavlovian dogs that greedy people are. Then you dump! Game over. Losses avoided. Have a nice day....
pretty much. Street is working hard. Got to get this pig off the books before EOY.
I don't even feel sorry for the dopes that are buying here.
Better take a look at your mutual funds in your 401k too.
Get out now, beat them at their own game. Or wait for 108 years to get your money back.