Yeah, I love that quote. Its so rediculous thats its funny.
It leads one to assume that the man will make a formal market announcement advising shareholders of his intention to sell before he actually starts to do so. It infers that said intent or the resulting increase in liquidity would somehow result in a static share price while both he and other holders exited in an orderly fashion.
The only situation that I can see this comment being relevant is in the case of a takeover offer in which case it equates to "if the offer is good enough for me then its good enough for all of you".
Love these famour CEO quotes. some of them are absolute beauties. That said, I'm sure he means well.
CDU Price at posting:
$4.82 Sentiment: Buy Disclosure: Held