Quote:
Originally posted by BoNgHiTtA
At a market sustainable rate. He doesnt want to dump too many shared on the market at once, or the price for them will drop out.
So, as you see, he block trades them probably to various institutional accounts.
|
Good points. There is also a very strong correlation to many of insider sales to the stock being at a top, as in if the boss is selling, then he must think the stock won't appreciate too much more. Many investment strategies are tied around insider buying or selling of the stock.