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Tuesday, May 13, 2008 10:37:56 PM
Its generally been 4 million or more shares per day but I'll go with your lowball example of 1 million shares. The outstanding shares of HFBV is about 200 million (I'm rounding down a little so we're working with nice round figures here). So a trade of 1 million shares represents 1/200th of HFBV's entire shares outstanding.
Microsoft's outstanding shares is 9.3 billion. Let's round that down a "little" to 9 billion and see what 1/200th of it is.. 9000000000 / 200 = 45000000.
So, 45000000 shares is 1/200th of Microsoft's entire shares outstanding.
Given that Microsoft closed at 29.78 today 45000000 shares are worth $1,340,100,000.
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