Tuesday, August 15, 2017 8:31:57 PM
Insiders have an opportunity to sell five days after the quarter has been reported because theoretically all information has been reported to investors.
Consequently insiders and outsiders are on equal footing. It could be he just needed 300,000 for to buy a boat or a house.
He still has over 2 million shares which would be 66% of his shares left
There are many reasons an Officer might sell but don't forget that Tony bought a significant amount and that ( buys ) are a true tell
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