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Re: Grip it and Sip It post# 136641

Monday, 12/28/2020 10:35:58 PM

Monday, December 28, 2020 10:35:58 PM

Post# of 232948
Grip, I already answered this. I have personal experience. This is not from a business professor's book; which in most cases I considered worthless.

I can demonstrate insider selling in huge $$ relative to trading dollars throughout the 1970s and 1983. I was the personal broker for many company execs. The reasons to sell varied. The stupidest reason; one fellow bought a Tennessee Horse Race farm.

Again in my biggest deal where I personally purchased roughly 10% from two officers and more than that from the companies top sales pro.

What I wrote earlier, seems that it was about two weeks ago; and I will write it again; selling by insiders is worthless info.

There are thousands of reasons to sell. Three reasons to buy. 1) the buyer wants the extra vote, 2) the buyer intends on a tender offer, and 3) the buyer believes the company shares are a decent investment.


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