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Kirk Kerkorian - buy high, sell low, 100 million shares of Ford, all gone.
Old 12-29-2008, 02:24 PM   #1
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Kirk Kerkorian - buy high, sell low, 100 million shares of Ford, all gone.

Kirk Kerkorian has dumped the last of his 100,000,000 shares of Ford.

Buy high, sell low, anyone?

Kerkorian Sells Last of Ford Stake -

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Old 12-29-2008, 02:41 PM   #2
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Someone is "tax loss harvesting"............

Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)

This Thread is USELESS without pics.........:)
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Old 12-29-2008, 02:51 PM   #3
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With the $3,000 max loss applied to ordinary income how many millennium will Kerkorian have to wait before he finished his harvesting?
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Old 12-29-2008, 08:03 PM   #4
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He did the same with his Chrysler stock a few years back...and then with GM. (I love the story about his third marriage to a professional tennis player. He was 82, she was in her early 30s. It lasted one month...which was part of a pre-nup that was designed to provide for their daughter. Turned out that the daughter apparently was not Kirk's. That's when things got really messy.)
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