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Bullboard - Stock Discussion Forum iShares US Fundamental Index ETF (Non-Hedged) N.CLU

Alternate Symbol(s):  N.CLU.C

NEO:CLU - Post Discussion

iShares US Fundamental Index ETF (Non-Hedged) > Why all this insider selling ?
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Post by ArtBechstein on Oct 30, 2004 11:23am

Why all this insider selling ?

IMO it should be forbidden by law that insiders can sell down the PPS in order to get cheap shares via a private placement. A management that acted like those Clan guys deceive theier shareholders - IMO of course. Look - they sold a lot of shares well knowing they can load their truck again at a much deeper price. It's not a decent attitude of a company leader to do this kind of margin trading. Would never buy shares of such a company. Art
Comment by ScottyCamron on Nov 01, 2004 7:57pm
They all do it. Right up there with the bottom feeders in realestate. As long as everyone benefits from the end results I don't mind. When they have nothing, lie to get buyers, and hang everyone out to dry, then they should be shot. Some guys have no conscience at all. They have a special meeting coming up in a couple of weeks. Does anybody know what it is all about? I would hope it is ...more  
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