GREY:ENGFF - Post by User
Post by
nimahotoon Oct 12, 2010 6:48pm
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Post# 17555885
the sun always shines on tv
the sun always shines on tvjust a point. ready and willing to hear objective and reasonable thoughts.
insider sells about 1/4 of a million shares. i read several reasons/excuses/explanations etc as to why (spinning it as nothing to worry about or a positive perhaps) and that's fine ... i'm now in this stock so i'm certainly not looking to knock it down a peg ... simply tell me this (anybody rational) ... assuming a CEO is bright and reasonable and fully aware of what effect insider selling has on any stock ... (even if he's just doing it to 'free up cash' and to 'buy back into the pp') ... does that really make much sense assuming he knows, like anyone else, that that very move, in and of itself, could bring the price down BELOW the pp and scare away both new and current money? does it seem like a clever thing to do? deductive logic tells me that he KNOWS it would bring the price down ... so he could very well be selling (in small portions) due to the fact that he knows something rather negative that we, as of yet, do not.