Wonder if our friend Kerkorian wants to shuffle up a few more shares. He bought 140.8 million shares for just under $1billion in June.
Assuming he still has all the shares he's off about $695 million - in 4 months.
- $82 million today
- $36 million yesterday
- $321 million for the 6 trading days before that.
An average burn rate of $5.8 million/day to today.