I wrote earlier about something suspicious with the volume of the MSFT stock, of which I was used to own shares. I created a list that covers the volume of every single trading day for MSFT since 1986. From that list of over 5000 days, I discovered a period of 6 days earlier this year that rank very high in terms of the amount of volume on any given day. The first days ranks as the third highest since 1986. The lowest volume from that 6 day period ranks as the 282nd highest. Today I was looking back through my journal and I noticed something else unusal about the timing and I am listing some notable events below:
Judge blocks Microsoft 'end-run'
Published: April 21, 2006
...
The judge also noted that granting Microsoft's subpoena request would undermine a statute relating to sovereignty concerns involving U.S. government authorities and foreign courts.
"Microsoft's (subpoena) application constitutes a blatant end-run around 'foreign proof-gathering restrictions or other policies of a foreign country,'" the judge stated in her order.
And the court also found that Microsoft's subpoenas would be "unduly intrusive and burdensome."
April 28, 2006: MSFT volume ranks 4th highest since 1986
May 1, 2006: MSFT volume ranks 110th highest since 1986
May 2, 2006: MSFT volume ranks 73rd highest since 1986
May 3, 2006: MSFT volume ranks 47th highest since 1986
May 4, 2006: MSFT volume ranks 114th highest since 1986
May 5, 2006: MSFT volume ranks 281st highest since 1986
There are over 5000 trading days since MSFT began trading.
Gates stepping down from full-time Microsoft role
Published: June 15, 2006
Martin Taylor, a key adviser to Microsoft CEO Steve Ballmer, has left the software maker.
Published: June 20, 2006
Buffett donates his billions to Gates foundation
Published: June 26, 2006
Seems to me that Buffett is bailing out Bill Gates.
