Steve Ballmer Sells over 1 Billion Dollars Worth Of Microsoft Shares

http://www.techplanet30.com

In this video I talk about the report regarding Microsoft CEO, Steve Ballmer, selling $1.3 Billion worth of his own Microsoft Shares.

As I have mentioned in the video, I am no expert when it come to the stock market, however, owning shares myself, I do know a little bit about the habits of share holders. Normally, every morning you check out the financial pages online or in a newspaper, looking out for your share prices hopefully increasing; after all this is the reason we buy shares.

In the terrible event of our shares dropping in value, we obviously start to keep a closer eye on things and should it continue, the best thing to do is sell off the shares at the best possible price. I guess in a why, buying shares is a bit of a gamble, you put whatever money you can afford, in the trust of a company and hope that they do well from year to year. It is when a company is not doing particularly well that we start to see share prices drop.

For me personally, Steve Ballmer selling off his Shares, granted only 12% of his own personal shares; is a much louder statement than the one published. I think he feels Microsoft as a company are going to lose more share value and he is getting is toes onto dry land just before the ship sinks.

I know this is a horrible situation to be in, however I do genuinely feel Microsoft are big enough to get out of this situation provided they act now and release a little bit of honesty. Now it could very well be that I am blowing this all out of proportion and reading into this far too much. So if that is the case, what do you guys think of it.

Category:

Science & Technology

Tags:

• Microsoft CEO Steve Ballmer
• Bill Gates from Microsoft
• The Stock Market
• Wall Street
• The Financial Times
• Gambling
• Taking a risk
• trusting other companies

[tubusr]

I don't usually post comment on youtube but I'm sorry to say your video was pretty misleading, so I thought I'd share some of my views.

(BTW sorry about posting in reverse order :P)

[iharrison30]

@tubusr I agree with a few of the things you have pointed out. One of the things I never mentioned which you have quite rightly pointed out, and that is anyone trying to replace Bill Gates was going to find it tough. I also agree that anyone who has a family must in all cases put them first. I have a wife and 3 children so I do understand that stand point. I have not looked over the video in a while but I am almost certain that I point out I have no knowledge of the Stock Market.

[iharrison30]

@tubusr However that said I just think that given the fact Steve Ballmer has openly mocked many Tech companies (And I know that is sort of part of the game) for either their CEO Mistakes, Company blunders etc. I agree with you also about his passion, however I feel there is a thin line between passion and arrogance, Steve Ballmer swings very very close to arrogance, only in my opinion. He does deserve a chance but it is not like he is a new member of MS, he should know the ropes.

[iharrison30]

@tubusr Any way thanks mate for your comments and I have taken them onboard, you certainly have made some excellent points. Thanks again mate for commenting, especially given you don't often comment on videos.

[pizza9290]

Thumbs up if you came 4 creepy face!

[EugeniusR42]

In the terrible event of our shares dropping in value, we obviously start to keep a closer eye on things and should it continue, the best thing to do is sell off the shares at the best possible price.

But you are not supposed to do this.....

There are sites and people that suggest you to keep the shares and wait for a better outcome.

[davejstewart]

Microsoft make programs and design products for the PC. They've created the Kinect. They've created the xbox, the 360..

In all.. they built a program, a system to operate machines. When they sell one.. they make a profit. For every PC sold, Microsoft makes a profit (PC not iMac) for every xbox sold.. profit. Every game sold for xbox, windows live, xbox live, memberships.. all profit.

In all reality. If I build a PC.. I need Windows or Linux. If its for gaming, Windows wins. Period. WindowsWin!

[davejstewart]

Ok. If I was worth this much in shares and I could get a quick fix, for a wee tiny bit of what I own, of over $1,300,000,000 I WOULD SELL IT! Haha.

Stands to reason. Why care? :) Someone wants Microsoft to fail here eh?

Mate, take it from me, a company that owns an operating system that is put in nearly every single PC in the world - a company that owns XBOX.

Microsoft will never be in trouble hahaha. Don't be so idiotic.

[jamespratt7]

Hi, as several people have pointed out below the share prices is pretty much irrelevant. Market cap, share price movement, P/E ratio, and dividends are a far better indication of how the business is going.

SB's sale of $1.3bn worth of shares could be interpreted as a lack of faith in the company, but as you point out this represents a mere 12% of his holding. He is retaining 88%. That is a huge vote of confidence in MSFT.

If he sold 100% in one go it would cause chaos. Sensible action by SB.

[NZhouldhavewon]

The absolute price of a companies shares is irrelevant and doesn't indicate anything. What is important is the percentage rate at which the price is increasing (or decreasing).

Selling your shares in a company doesn't mean that you think they are doing badly. Microsoft shares are very stable and will never be as profitable as small mining company that has just found a huge oil deposit. They are also unlikely to go backwards as quickly as a small mining company who hasn't.