Quote:
|
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.
|
Exactly. He hasn't lost jack shit. The stock had a reaction to the fact that he MAY sell his shares. He hasn't actually sold anything. The stock will go back up and continue to grow, as will his profits.