LOL. that's just on this "buy". he lost about $900 Million on his total holdings since his "buy". Ouch. He better start buying more.
So DELL share price hit the first target. Mikey Dell's 5 million share buy is now down around 30 million AND since the buy his net worth is down - $1.4 BILLION. Yowza. And that GINORMOUS monthly H&S is still setting there waiting.
Price target reached. Don't touch dell, new price target: $10-$12 Single digits by 2009. No need to own dell HPQ also a sell.
Sorry dude. It doesen't count when you just tag along on somebody elses price targets. I'll bet you didn't know that. Isn't it past your beddy time anyway? Does your mommy know you're up and on the compooter?
Hey lock, my $10-$12 price target was touched well before 2009... How much TA did you use to figure out it was heading lower???
On 9/16, you thought being down $20 MM represented an 'ouch' for Michael Dell? That's a bit odd. I'd suggest that Michael Dell's holdings in DELL are a bit more convoluted than you might imagine, and that it would be hard for you to speculate about what his actual profit/loss was/is in terms of his recent trading in DELL.