Oh the games that people play.......
Big Mike heading for victory as SAM dumps HALF its Dell shares
One of Dell’s biggest shareholders has dumped almost half its holdings in Big Mike’s computer outfit. Southeastern Asset Management is reported to have sold 41 per cent of its Dell stock, reducing the value of its holdings to $949m. Southeastern had held 8.4 per cent of Dell, making it the biggest stockholder apart from …
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Thursday 15th August 2013 01:12 GMT Lars
Re: Talking up Apple...
@Nicho, I would agree too. I do not think Ichan has lost any money either. He is playing his game surprisingly open and trying to find "morality" from it is just stupid and well stupid. I cannot find any society without buying and selling nor any where it is against the law. Personally without owning a cent in Dell and regardless of having had to use a Dell keyboard (for some weeks), the worst keyboard in the history of mankind, I still think and hope Dell. the guy, is the best person to run the company. If not, who cares.
And going private, leaving the Wall Street circus, could be the right thing to do too.
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Sunday 18th August 2013 19:03 GMT (AMPC) Anonymous and mostly paranoid coward
Re: Why Southeastern sold?
Dell closed at 13.82 and was up 0.84 % on Friday, so I don't think that strategy is working out.
More likely that SAM just decided to take some money and run.
My guess is Big Mike will end up paying 14 bucks a share one way or another, but a least he should be able to take the company private, which is a good thing.
After all, it has his name on it.
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