RE:RE:RE:RE:RE:RE:InsidersIf they sold cause they had options bought at a lower price (which they did) why sell at $8 when it is going much higher.
Or better yet, why sell it now if news is coming out in 1 or 2 weeks like thinkbig said.
I believe, they know info on the company and they know there is no orders coming in the next few months so they sold.
This means no pop coming up in a while but I think the stock will still do well over time.
LastZaz wrote: He's being sarcastic. I think they sold because they exercised options to get shares for pennies, then turned around a huge profit to get instant cash while the stock was performing well. It's not even significant amounts of insider selling.
I saw insider selling on LPX at $45.00. It is at $64.80 as I write this. It doesn't imply anything besides those selling want some cash now - not later. It doesn't mean insiders believe the sky is falling.