Scott Sweet of IPO Boutique was recently quoted in the WSJ:
“The company is getting what they wanted with the massive demand,” Sweet said. “It is not uncommon that on a very hot deal that they can sell more and often do.”
You can read the full article here: http://blogs.wsj.com/deals/2012/05/16/facebook-insider-sales-unlikely-to-dent-ipo/
Scott Sweet is regularly interviewed by all of the major financial news organizations concerning IPOs worldwide. For IPO research and other information for upcoming IPOs visit his web site.