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novicetrader

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novicetrader

Re: leftovers post# 115

Tuesday, 02/19/2019 4:22:40 AM

Tuesday, February 19, 2019 4:22:40 AM

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4 insiders all dumped shares on the 14th.



No company Officer could be that stupid to blatantly sell around the time of such bad news,it would be considered criminal. These are not regular stock sales,they are just for Tax purposes(usually adjustments associated with employee stock options),look at the footnotes in the Form 4s(copied below)

Explanation of Responses:
(1) These shares were withheld to satisfy the reporting person's tax obligations.

The loss of the legal case is definitely awful news,no doubt about that.But the Insider sales are a non-issue,that's all I'm trying to say.




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