RE:Always nice to see the "rally killers" selling it just makesHere is what CNQ stock purchase plan looks like for their Employee's.
Employees are eligible to contribute up to 10% of their salary into the Stocks Savings Plan or Group RRSP Stock Savings Plan. These proceeds purchase Canadian Natural shares. Currently, the Company contributes 1.5 times (150%) the value of the employee's contribution into the plan, on behalf of the Employee.
It a pretty lucerative benifit. I don't know what the restriction are regarding selling them, i guess its not the same as Kelt but they only have 55 employee's.
Maybe they should use a broker to help these guys sell their stock so they just do drop it on the market.
IMHO