<removing tape from mouth>
"I'm Alive, I'm Alive!"
Musya, you will get an answer (like I did) to the effect that if you were to try to dump a large amount of shares at one time, then the bid price would plummet. So, because you would get less for your shares anyways, it is rational to think that you would take less. B.S.!
My take on this is as follows... Yes, that's right, the stock would take a hit if I tried to sell 100,000+ shares in one felled swoop, however, if the DCI goal was to SUPPORT the price, then I would actually want to offer MORE than market price so as to give the seller an incentive to stay private. Offering 50% of the current value is nuts. Sounds more like DCI was trying hard to NOT buy back any stock.
The second point of this is that if someone wanted to dump a large load, then FAIR MARKET principles should dictate that if the stock takes a hit, then it should take the hit. Simple as that. The public SHOULD be aware of someone trying to get out for whatever reason there is. It is not fair that DCI should be making private deals to "artificially" support the price by taking out anyone who was going to show their colors. I want to know when a "big boy" wants out.
If this was a tactic to help us "poor, dumb" shareholders, then thanks but no thanks. Let me have it all, the good the bad and the ugly and let me decide for myself.
kr <gimme back my crown George E.> |
