GREY:ROAOF - Post by User
Comment by
Darilonon Jul 15, 2007 8:42pm
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Post# 13092342
RE: This is interesting stuff
RE: This is interesting stuff"By your own logic we should then believe that if these insiders still own shares (more shares than they have sold) that the must believe that the SP will be meeting expectations, right. Face facts, good or bad."
Exactly so. If someone sells an equivalent to 20% or so of his/her options they are still retaining the bulk of them. They also get new options granted pretty much every year. That is the bonus for senior management in publicly traded companies and the incentive to keep the share price increasing for share holders. Prudently taking some off the table and locking in profits is not a bad thing. Perhaps they wanted to buy a new house or yacht - we will never know. Thing is they show enough confidence to hold 3-4 times the number of options that they sold and that they'll be granted further options at newer higher prices.