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A comment on Review of Thomas Piketty's Capital: Capitalism vs Democracy. Parent comment

Re:Review of Thomas Piketty's Capital: Capitalism vs Democracy by mullingitover on Monday April 21, 2014 @08:52PM (#7625065)
I'm guessing purchasing all those shares drove the price up, too. Might've been the whole point in buying up that many shares when the IPO was teetering.
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Re:Review of Thomas Piketty's Capital: Capitalism vs Democracy by ahomescu1 on Monday April 21, 2014 @09:00PM (#7625094)
Interesting, but my guess is something else happened. Since he bought the shares at a fixed price, I assume they came directly from the company itself (how can you buy at a fixed price on a competitive market?). Since he was allowed to do this, I assume those shares were never for sale on the market, so they couldn't impact the price.

This is all guesswork though. Anyone here more knowledgeable that can jump in?

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