I bought TOL just prior to the EX date purely for the VBA...

I bought TOL just prior to the EX date purely for the VBA giveaway and sold first thing Friday for a very nice windfall IMO.

I would suspect that the selling may continue for a few days yet as others , who may have erred on Friday , hoping to get out at a better price , decide to lock in their gains on the freebies.

As a "newbie" of 2yrs myself , I am intruiged as to the price action surrounding this scenario but havn't really figured it out yet. It was a "no brainer" IMO that the SP was going to tumble , but am surprised that it has dropped as much as it has , and especially BEFORE the extra shares came onto the market.

TOL did offer holders the option of participating in a share sale facility {supposedly to sell in an orderly fashion}. I wonder if these shares may have been sold PRIOR to Friday and at what price ?
It would be interesting to know how much the ppl who participated in the facility get for their shares ?

Hmmmm... interesting