Think Billion$

Thinking and talking Billions since 2007

Tuesday, November 27, 2012

Billionaire Baller Goes Negative on Bracelets

Posted by blogger at 3:20 PM

Labels: bracelets, Dallas Mavericks, Mark Cuban, NBA

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Mark Cuban's Facebook Trade

Mark Cuban's
May 2012 Facebook Trade

Long 150,000 shares
(bought) average cost per share $32.49
total cost $4,873,500

SOLD 150,000 - June 2012
currently flat FB
Net Loss: $200,000+

Facebook Inc (NASDAQ:FB)

5/31/12 close $29.60
6/29/12 close $31.10

"It was gambling money, to be honest with you. Any time you try to time the market, you get what you deserve. Sometimes you're right. Sometimes you're wrong. This time I was wrong."
- Mark Cuban

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