kirk kerkorian has finally sold off some of his shares in the multi-billion dollar Ford company. What does this mean for the rest of the Ford share holders? It looks like the value of the stock will drop drastically because of the move made by kirk kerkoria. He was one of the majority share holders and now that he has shown lost confidence in the stability of the stock, the rest will be soon to follow. There is usually a large impact on the market when someone that holds a largte portion of shares decides to sell.
kirk kerkorianhas made the best decision in my opinion as the dip in economy will continue until several months after the election. So by selling out now, kirk kerkorianis able to re-purchase the shares at a lower cost later. And a company as large and old as Ford is most likely going to come back to the top. So in the end kirk kerkorianwill actually profit from doing this.
