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Old 04-24-2014 | 04:29 AM
  #154649  
orvil
Gets Weekends Off
 
Joined: Oct 2010
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From: Decoupled
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Originally Posted by sailingfun
They sold it at 21 a share!!!! There was a very small percentage of stock held back from the first sale because of law suits from some pilots over the distribution method. It was sold for less but was I think 5 percent of the total. There was really no option but to hold that small portion of the stock back. By the time the lawsuits were settled the stock had in fact dropped a lot in value.
Sailingfun it talking about the first block. We are talking about the second.