Monday, November 8, 2010

very large block of msft traded on monday november 8, 2010 at 4:25pm

a 16 million shares block of msft traded at 26.81 4:17pm est
very likely this was for steve balmer, ceo of msft
various sources including reuters have reported that balmer may sell as many as 75 million shares this month for tax savings reasons.
the amount of $100 million in savings was cited.
if true, just divided $100 million by 75 million shares and you can see the price appreciation balmer bets would not happen for msft stock in the near future.


paul

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