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Even for accredited investors I doubt there is anyone wanting to sell the stock they picked up at a $54.20 a month or two ago at where it is likely to be tradin

Even for accredited investors I doubt there is anyone wanting to sell the stock they picked up at a $54.20 a month or two ago at where it is likely to be trading now ... $24.20 is probably around where the bid is.

more_corn 4y ago
There are secondary markets for shares in privately held companies. I signed up for one but I never followed through and did anything with the account so I can’t describe the process. I disagree that OP won’t find anyone willing to sell. I expect many people will jump at the chance to unload their shares.
- blitzar 4y ago
  Those that have shares paid 54.20 when the market price was in the low 30's. They didnt have to buy them at the inflated premium (or convert them from their original holdings), why would they sell them now?
  - lupire 4y ago
    Because they think the shares will be worth less in future.
lupire 4y ago
> where it is likely to be trading now Is pretty much the definition of > anyone wanting to sell the stock