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He'll have to do it the same way he bought his current stake: slowly, over weeks and months, a little bit every day. A totally standard thing to ask your invest
by qsi 4y ago
He'll have to do it the same way he bought his current stake: slowly, over weeks and months, a little bit every day. A totally standard thing to ask your investment bank to do.
- HWR_14 4y agoHe bought 4.6% of Twitter in the two weeks he went from 5% to 9.6% when he filed. That's not super slow.
- qsi 4y agoHe owns about 70 million shares. Before he announced his stake, the stock had a daily trading volume of about 20 million. I agree it's not super slow, but also not super fast. Probably a reasonable speed given the volume.