The Facebook Share Volume Decline

Whoever undertakes to set himself up as a judge of Truth and Knowledge is shipwrecked by the laughter of the gods.”  – Albert Einstein

Facebook’s share price on May 21st, 2012 was $34.03 however as of June 5th the price closed at $25.87.  The question is what does the extremely sharp decline in Trade Volume say about Retail Investor confidence? And more importantly what did Sophisticated Investors know that they didn’t? 

Also if interested see “Why Facebook Was More Valuable as a Private Company”. By Kevin Kellerher