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Re: TooFrank post# 128874

Monday, 03/15/2021 5:13:04 PM

Monday, March 15, 2021 5:13:04 PM

Post# of 136066
I'm not saying the holding period doesn't apply.
I appreciate all that you've done to get this good info out about how fast/slow DA's shares can hit the market.

All I'm saying is that people buying & selling the stock in the open market will value it based on the FUTURE, not the present, so it's useless to argue what today's price should be based on today's share structure.

People will value based on expected revenues, profits and # of shares in 1 year, 2 years, or 5 years or more from now. Sure, it'll take him 16 years to sell all his shares, but that'll be his income for the next 16 years, so he'll sell them. Investors know that, and will adjust their valuation appropriately. I welcome debate on how much to adjust it.

The good news is, it'll be gradual, and he'll be highly motivated to get the share price higher. I like that combination.