View Single Post
  #4  
Old 10-22-2008, 04:59 AM
KenP's Avatar
KenP KenP is offline
Hummer Messiah
 
Join Date: Apr 2003
Location: Virginia Beach
Posts: 37,474
KenP is an unknown quantity at this point
Default Re: Kerkorian selling large stake in FORD...!

Wow, it's obvious he has no confidence in Ford.
Otherwise, he'd be buying at the discount price and could grab an incredible number of shares. Possibly enough to gain control.

Without doing the math that looks like a lose, if Tracinda sold all their shares right now, of about 600 mil.

Wish I could afford to lose that........
__________________
"My reading of history convinces me that most bad government results from too much government."---Thomas Jefferson
Reply With Quote