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lreichel

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lreichel

Re: glta-who-try post# 2734

Thursday, 04/05/2007 8:36:25 AM

Thursday, April 05, 2007 8:36:25 AM

Post# of 12660
Insider sales are not indicative of a lack of negative information. If there was material information that is not public, either positive or negative, the insiders would be prohibited from selling. These are SEC rules.

Plenty of insider sales take place prior to negative news. In fact, many insiders will sell when they think negative news is coming. Once the news is certain, you can't sell, unless it is under a 10-b5 sale program.

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