RE:RE:Winner Winner Chicken Dinner selling 750K more. As an insider is he not required to disclose whether he plans on buying or selling.at some time in the future There is no time frame mentioned , so why jump to the negative conclusion ( and get your knickers in a knot ) that the selling might be imminent.
As well you surmise he announced because he might believe the S / P might be going lower but did you think he might know what is coming and the S / P might be going higher on an imminent announcement. but he has the responsibility to disclose if and when he does decide to sell .