Originally Posted by Nathan

I might be stupid, but how did he lose $1 mil if he wanted to sell $200 mil worth and the stock fell 6%? Would that not make it more like $12 mil?

I'm kinda confused here... my math might be off though.

Also, NOONE ever said he would SELL the shares. All that was released was that he now _CAN_. I might have missed something there too though.