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Thread: $6.5 Million for a Peter Lik Photograph

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  1. #1
    Journey Man
    Join Date
    Oct 2010
    Location
    Chicago
    Posts
    41

    Re: $6.5 Million for a Peter Lik

    Quote Originally Posted by Kirk Gittings View Post
    ... But the public perception is that the deal was for real and the artist stock goes way up.

    Why the US Stocks are doing so well while the national economy are just clawing along. It is because the rule changed, company allowed to use their profit to buy back their stock (instead of issue dividend or raise salary for their worker) resulting fewer stock in the market at higher price, favor the big stock holders/option..

    It's all about business.
    The Never Ending Journey - 365°

  2. #2

    Join Date
    Oct 2013
    Location
    Maryland
    Posts
    1,501

    Re: $6.5 Million for a Peter Lik

    I wouldn't mind selling one of my works for a tenth of that...

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