RE:RE:Not Sure What To Make Of itThose of you pointing to managements 'God Like' confidence in this company need to understand that this is a classic case of 'do as I say, not as I do'
Management team holds less than 7% of the share float
92.5% of the share float is owned by the general public and HPQ has been continously dilluted. Its ripe for a rollback.
developbc wrote:
LuckyMeLuckyYou wrote: In the last 6 months, insiders (as per tmxmoney.com) sold 5,697,500 shares and bought 450,000 shares.
Most Active Insiders:
#1 Robitaille Robert
#2 Drapeau Noelle
#3 Hodges Daryl
#4 Levasseur Patrick
#5 Mimeau Richard
You seem to purposely forget the aspect of options excercised that is tax payable ...and hefty tax bill that is due right away and cannot be deffered. Tax on gain from strike price and last day closing.
Plus...many directors are compensated via shares so after many many years and finally sp rally....why not take pay? They still hold significant position if not most of their positions. Also, everyone has different reasons on selling for needed cash etc... .
Remember PYR's lawyer that sold way before the rally in the late spring?
LONG AND STRONG HPQ!!!!!!!!!!!