RE: RE: RE: RE: RE: Blair is busy today too I bought some more today at 1.61. When I placed that order, I had no doubt it would never get triggered. Anyway looking ahead to more positive news, we get our .06 dividend this week. I was calculating my total dividend. Nothing to sneeze at but definitely short of two grand. Then I made the mistake of calculating Blair's dividends on 3.5 million shares! $210K every qtr. I guess he's in a no lose situation. He's going to get the $210K no matter what price the stock is selling for and his cost basis on the 3.5 is probably very low.
He must have something he wants to get done right away. Already sold the 180K in his retirement account in March and has not skipped a beat lately in hitting the sell button.
Let's see......He lost $420K on paper by driving down the price by .12 today. Let's say he is 50K of the 66K sold. 50KX1.60= 80K
Get 80K in cash but lose 420K on paper today. Whatever he is investing in better have a tremendous return.
Maybe he will take Wednesday off since he's already getting $210K? Nah, doubt it.