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Currency speculator and billionaire philanthropist George Soros’ most recent 13-F report reveals two very intriguing facts:
1) He has abandoned his stake in major financials
2) He holds thousands of shares of Facebook stock
“Soros completely dumped his stakes in Citigroup (420,000 shares), JP Morgan (701,400 shares) and Goldman Sachs (120,000 shares), leaving him with no position in any major financials at all,” writes Business Insider’s Linette Lopez.
He also ditched tech stocks: “He got rid of minor stakes in Dell (3,100) and Intel (10,600).”
And as for his position in Facebook, Soros owns 341,000 shares.
“With so many users the Facebook business is enormous but the big question is whether they can monetise that audience,” said Motley Fool analyst Scott Philips. “Clearly Soros thinks they can.”
The move comes as Facebook yesterday started putting advertiser posts on users’ newsfeeds in a bid to generate more advertising revenue.
Filings also reveal Soros upped his stake in US retail giant Wal-Mart to 4.8 million shares, worth $337 million.
Originally posted by phishyblankwaters
Stop and think for a second. That's just facebook. The NSA has direct access to the telephone system the internet runs on, why bother with 1 site when they have access to ALL traffic.
edit on 15-8-2012 by phishyblankwaters because: (no reason given)edit on 15-8-2012 by phishyblankwaters because: (no reason given)
Originally posted by chemistry
reply to post by phishyblankwaters
Soon there wont be an option to opt in! And do you really think that Facebook bosses care if you opt in or not? The technology will be used no matter what your preferences are.
I know people who are literally trapped in Facebook! They feel thay cannot delete their account because they will upset too many people close to them.
It is becoming crazy.edit on 15-8-2012 by chemistry because: clarity
Originally posted by amraks
glad i have never signed up
Originally posted by GameKeeper
infowars as a source is laughable because alex jones is one of "them". their goal is to try and steal you soul plain and simple. so "accept no clones".