On Nov 6, 2007 12:47 PM, Craig White <
craig@tobyhouse.com> wrote:
> On Tue, 2007-11-06 at 09:53 -0700, Darrin Chandler wrote:
> > On Tue, Nov 06, 2007 at 09:40:31AM -0700, Craig White wrote:
> > > I must be really bad at reading this stuff...he's selling 2 million of
> > > his 875 million shares? Is that right? Does that smell like panic?
> >
> > That's 0.2% of his shares that he sold.
> >
> > The sell offs have been going on for a long time, and have been somewhat
> > steady. He's got a tremendous amount of money, but only on paper.
> > Periodically he converts some paper into liquid funds. This seems
> > normal, doesn't it?
> ----
> it seemed normal to me...I didn't understand why Joshua labeled it
> 'churn and dump' or technomage is suggesting that Bill is dumping his
> stock as fast as SEC would allow.
>
> Craig
>
Heck, even if it IS as fast as the SEC will allow, he can sell a
million shares each trading day and still be holding well over half a
billion shares at the start of 2009.
-A
---------------------------------------------------
PLUG-discuss mailing list -
PLUG-discuss@lists.plug.phoenix.az.us
To subscribe, unsubscribe, or to change your mail settings:
http://lists.PLUG.phoenix.az.us/mailman/listinfo/plug-discuss
(text/plain)