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Re: Jamis1 post# 36768

Friday, 04/10/2015 11:40:13 AM

Friday, April 10, 2015 11:40:13 AM

Post# of 104461
Actually they have a complete choice as to when to sell, and I'm pretty sure none of us here have seen this particular trust. If the trust was set up as demanding income every month,the trustees would have to sell some of the assets in the trust, but the trust would not say which asset, that would be up to the trustees. No trust would ever say you have to sell a certain stock at a certain time, that would be ridiculous.
Judging by his net worth, the trust contains far more than QTMM and the Posners chose to reduce their stake here last month. Again, I'm not saying anything about them making a run for the exits, rather they are reducing their holdings here in an orderly manner.

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