Tuesday, October 10, 2017 10:15:20 PM
I prefer that CEO Lei peel off some of these shares a few times each year as an incentivized bonus. Of course, newbies who don't know how low a salary he takes then balk each time it happens.
Also, 'tutes prefer a bigger float and this selling off of some shares increases liquidity. Maybe some 'tutes will finally take substantial positions one day.
The alternative to Lei's occasional selling would be, as we've mentioned here, taking a higher salary, but that would increase the SG&A's and lower the net earnings.
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