Is SAC Capital Slowly Accumulating 'Huge' Stake In Facebook?
Possibly!
Supposedly someone in Stamford** has "just acquired 8 million Facebook shares at $32.50 per share--a $260 million stake at a $76 billion valuation" and is "looking to buy as much as 50 million shares at $33 per share – a $1.65 billion stake at a $78 billion valuation."
SAC Capital Rumored To Be Accumulating Huge Facebook Stake [SAI]
**According to the SAI story "it's possible that SAC people are investing in Facebook, and not SAC funds."