So...wouldn't have Mr. Allen been better off waiting? Until after Shrek the Third sells millions of DVDs and the stock bounces up?
SKG Inc on Tuesday said Microsoft Corp co-founder Paul Allen sold 2.4 million DreamWorks shares, valued at $75 million, after unloading about 14 million shares this summer.
I mean, does this make sense?
A spokesman for Allen said the reduction in his Dreamworks Animation stake to now under 5 million shares was part of an ongoing effort to rebalance his portfolio.
Okay, I can get behind rebalancing, but isn't it just as easy to rebalance after the stock bounce?
There is going to be a stock bounce, isn't there?