RE:RE:RE:RE:Not only a good business...
Hi Bobvee. It makes sense to me. My point was, at 66 you want to profit from life and start to unload your portfolio. But when you hold 15-20% of some companies, getting out is hard: you hold so much of the stock that it gets illiquid. Even 1% of the public float sold in a week affects the SP noticeably. He still has millions of shares left and he doesn't want the SP to tank. So, the right conditions to unload, is when there is a lot of new interest in a stock, with good developments coming. I think he knows he will sell the best part of his ARG shares at a higher price, but he starts selling this very profitable position (for him) right away to start getting liquidity. Selling his other positions would have been even more painful. So I'm saying that the other holdings he has, were harder to sell right now. If and when an institution buys, it will become easier. SB