Pretty much at the low of the day. Minimum profit for this investor but also the smallest loss for those short..
Assuming this investor wasn't incurring any margin requirements I would say they have zero authority to sell those stocks..
This guy wasn't a small investor either!
4500 @ $118.93 = $535,185
4500 @ $450 = $2,025,000
Exactly. Unless he had margin that was out of control. However the email doesn't mention margin so it looks like they just sold them on his behalf 'to protect him'. Right at the low of the day.
This 'protect you' culture is getting out of control.
If he isn't President, nothing he signs has any meaning or authority..
Already twice as many downvotes than upvotes..