Tracinda sells Ford ( F ) Shares 10/20/08

Tracinda Corporation is a private investment corporation owned by Kirk Kerkorian and they have come out and said they have sold 7.3 million Ford Motors ( F ) shares on Monday, 10/20/08 at $2.43 per share. They still own 6.09% of shares so look out below because they are further looking to liquidate. Can you believe this news? Yikes! Ford shares are trading at $2.25 pre market on this news.

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