Tags: robert | toll | stock | sale

Toll: My Stock Sale at Peak Just Lucky

Friday, 05 Sep 2008 11:53 AM

SmartMoney: You sold a lot of shares when Toll's stock was peaking. Good timing?

Robert Toll: It turns out to have been tremendous timing. It looks as though I knew what the market didn't, but I reacted simply to the fact that we had come to new highs and it was a good time to diversify. It still leaves me as the largest shareholder, and the vast majority of my wealth is still in Toll Brothers. So I don't think I did anything wrong by the public.

Read the full story here: Toll Brothers CEO Remains Defiantly Upbeat

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SmartMoney: You sold a lot of shares when Toll's stock was peaking. Good timing?Robert Toll: It turns out to have been tremendous timing. It looks as though I knew what the market didn't, but I reacted simply to the fact that we had come to new highs and it was a good time...
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2008-53-05
Friday, 05 Sep 2008 11:53 AM
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