InvestorsHub Logo
Followers 3
Posts 579
Boards Moderated 0
Alias Born 03/23/2017

Re: TenKay post# 179126

Wednesday, 03/14/2018 10:16:09 PM

Wednesday, March 14, 2018 10:16:09 PM

Post# of 207110
They will be buying from anyone who is selling. You are assuming that he is the only one with shares. Even after the split I will have thousands of shares. So will others. Then whether it goes up or down I can choose to sell or keep. The only way he can hurt the shareholders is to dump his shares on the market and drive the price down. Why he would do that and maybe end up losing his equity stake doesn't really make sense, but doesn't mean he wont. That's the risk. Really no different than if Gates decided to dump all hundreds of millions of his Microsoft stock at the same time.