Facebook and Twitter shares trading on grey market

Shares of Facebook And Twitter continue to be traded in grey market auctions.

5th March, 2011
Facebook and Twitter shares trading on grey market
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Shares of Facebook And Twitter continue to be traded in grey market auctions.

Auctions last week on trading forum Sharespost.com saw shares in Facebook sold at a reserve price of $28 and shares in Twitter sold at a reserve price of $29.

Grey market auctions are not illegal, but are discouraged by both Twitter and Facebook.

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