TheDirectory.com, Inc. (SEEK)

[bklyn13]

Good questions.. I was reading an article and it said:

"Corporate executives long have bought and sold shares of their own companies, and outside investors have long tracked such trades, in the belief that insiders have a particularly good feel for how companies are faring.

Executives can trade for entirely legitimate reasons, such as to raise money to meet a tax bill or simply to diversify. But of course they must avoid trading on nonpublic information, and that can lead to sticky situations, since executives do possess just such information much of the time."

So logically, if i take your question and this information it would lead me to assume that somthing big like the for mentioned buy out could occur since he didn't buy stock OR he doesn't want the headaches and speculation that would come from buying his own company's stock