Michael Dell bought $100MM of DELL a few days ago

Discussion in 'Stocks' started by W4rl0ck, Sep 9, 2008.

  1. W4rl0ck

    W4rl0ck

    below 16.



     
    #11     Sep 16, 2008
  2. W4rl0ck

    W4rl0ck

    Mike's down a cool $20 Mill.

    Ouch.
     
    #12     Sep 16, 2008
  3. chump change for Michael Dell
     
    #13     Sep 16, 2008
  4. W4rl0ck

    W4rl0ck

    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. :D
     
    #14     Sep 16, 2008
  5. W4rl0ck

    W4rl0ck

    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. :D
     
    #15     Oct 8, 2008
  6. S2007S

    S2007S



    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.
     
    #16     Oct 8, 2008
  7. W4rl0ck

    W4rl0ck

    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?

    :D


     
    #17     Oct 8, 2008
  8. S2007S

    S2007S


    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???

    :p :p :p :p :p
     
    #18     Nov 13, 2008
  9. 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.
     
    #19     Nov 13, 2008
  10. Tums

    Tums

    <img src=http://elitetrader.com/vb/attachment.php?s=&postid=2176346>
     
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    #20     Nov 13, 2008