GREY:WEWWF - Post by User
Comment by
psmithon Apr 25, 2007 9:30pm
273 Views
Post# 12676193
RE: Insider selling WEW/Rogers deal my comments
RE: Insider selling WEW/Rogers deal my commentsEverswan...
It is very common for large sales to go as crosses to specific people(s) at a discount to the daily trading. Otherwise if they threw those shares on the market it would be a huge overhang on the stock. In order to get the cross, you have to agree on a price. On that day they found a buyer for a million shares...that's a good sign...
Did they sell on the Rogers day? So what? In the next paragraph you want them to wait and sell on the Fedex day? Make up your mind...to unload 1 million shares without affecting the share price was a good thing to do...
...let them have their hard earned money, Anwar has 7 million of them left...
...BTW, Bill Gates sells about 5 million shares every week, week in week out...does anyone complain about that?