WTF: TOP-LEVEL INSIDERS SELLING THEIR STOCK

by Aaron on December 10, 2006 · 1 comment

This caught my eye.

http://www.nypost.com

December 7, 2006 — America’s corporate chiefs are unloading their own stocks at one of the boldest paces in 20 years.

In cases of the very rich, such as Microsoft’s Bill Gates and Google’s top brass, the executives are selling a whopping $63 for each $1 of stock they bought, says a report by Bloomberg.

Sphere: Related Content

{ 1 comment… read it below or add one }

warrenk 12.11.06 at 10:29 am

methinks is more than profit taking happening with a look on if and when stocks do take a large correction, you buy back the company at considerable discount, or maybe fit will hit the shan and we will have a large economic meltdown and those with the gold make the rules

Leave a Comment

You can use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Older post: How to Sexify Your Job

Newer post: And the Oscar goes to . . .