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Rationale for sale of shares      3-Oct-09 12:09 pm    
Based upon some people's responses to comments on this site I have the impression that some of the Anderson family is monitoring the site. I have been a big fan of this stock since I have bought and sold tens of thousands of shares over the past fifteen or more years. This stock has made more money for me than I ever dreamed that I could make from the stock market. I am still holding over ten thousand shares but sold thirty thousand plus shares in the recent runup. I will buy again if the price gets low enough.

I still have questions about the motive behind the sudden sale of 400,000 shares. I was careful to sell even a few thousand shares at different times because the average daily volume was about thirty thousand or less shares. I didn't want to drive the price down with a dump. Would the Andersons spread out their sale over some period of time to keep the price up and make more money or do they have some urgent need for their money and must dump even if the price is driven down?
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kdcs2

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Rationale for sale of shares
kdcs2 (1 Rating) 3-Oct-09 12:09 pm  
 
Thanks for that post. I'm a small investor and bou...
go737 (1 Rating) 8-Oct-09 05:41 pm  
 
tesy 1
norman1949 Rate it 13-Oct-09 09:47 am  
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Books-A-Million Inc. (BAMM)

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