RE:RE:RE:RE:RE:RE:The LIE strikes againOmg. This stock i told about tanked really bigtime today.Its CEO sold shares when it hits all time highs ,that was monday, a day before the widespread declines happened. I guess he knew what is gonna happen thats why he sold shares, the ship was about to sink so he took the first lifeboat. Well, im still got
lucky pulled out with gains, sad for those who have bought big. Quiet happy with ACDC its ceo dis not sell shares when it hits its all time high.
Joseisok wrote: hunterxjames wrote: Question guys, (it's not ACDC related.) Why would a topnotch CEO of a fastrising company sold shares he bought at few cents when his company hit all time highs a day before tons of stocks came down big time. You think he knew what was coming and took advantage of the prices his investors are pumping up? Among all the stocks i own and as far i know, he's the only ceo that sold shares a day before the reds invade.
If he traded on material information before it went public, that would be a insider trading no no.