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Monday, November 21, 2011 10:59:06 PM
• Ursula Fairbairn (director) exercised and sold $175K worth @$86 on 11/15/11, ~40% of post-exercise holding:
http://www.sec.gov/Archives/edgar/data/2969/000122520811024843/xslF345X03/doc4.xml
• John Marshland (SVP) sold $260K worth @$85 on 11/10/11, ~25% of holding:
http://www.sec.gov/Archives/edgar/data/2969/000122520811024687/xslF345X03/doc4.xml
• Robert Dixon (SVP) sold $950K worth @$89 on 10/28/11, ~40% of holding:
http://www.sec.gov/Archives/edgar/data/2969/000122520811023955/xslF345X03/doc4.xml
Not a great sign.
“The efficient-market hypothesis may be
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