As someone who has gone through a nasdaq IPO with quite a lot of shares, I did sell whenever I could. Anything else would have been retarded.
Dr. Golds finances are HIS finances. Why should he have to keep his entire retirement / estate in one stock just to make investors happy?
He still has about 250K of shares, that's not chichen sh**
One thing I would say though. All these exec. level option/stock bonuses should ALWAYS have a 5 year lockup. That would not only avoid this, but also insure the decision making is in the best long term interest of the shareholders (not just for a quick buck).
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