SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Dell Technologies Inc.
DELL 118.75-0.8%Jan 14 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SecularBull who wrote (69318)10/6/1998 12:06:00 PM
From: Jim Patterson  Read Replies (1) of 176387
 
LoD
1/4 billion is a lot.

DELL was down about 9% Yesterday, and is down 17% from the high.

.17 * 14,000,000,000 ~ over 2 billion

When you start to consider that kind of loss over a few week period, then selling a lot makes sence. MD realizes, or I hope he does, that what he can sell and what he has sold is what he will have.
The $12 billion is a lot, but it is not cash liquid, and a lot of the stock is likely locked up for a period.
DELL is no different than any other stock. Take CSCO, that one is now down over 30% from it's high.
That would be over 4 billion for MD. So I understand his selling.

The question is, Do you ?

Jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext