Owner of the Dallas Mavericks, Billionaire Mark Cuban, has purchased 150k shares of Facebook. The purchase is valued at nearly 5 million dollars. The breakdown of shares are 50,000 at $33, 50,000 at $31.97 and 50,000 at $32.50.
“It’s a trade, not an investment,” he writes. “Kind of like buying a Mickey Mantle, a Hank Aaron and a Barry Bonds rookie card knowing there is a card show in town next week.”