Thursday, February 28, 2008 8:47:18 PM
I take that back brikk, Peter Lynch said it.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
Well we know those shares are locked up for at least 6 months.
" 3. Insider Trading Law
* Short-swing profits (profits realized in any period less than six months) by corporate insiders in their own corporation's stock are prohibited
* Insider transactions must be reported to the SEC by filing a FORM 4 within two business days of the date the transaction occurred (2002 Sarbanes-Oxley Act) "
http://www.secform4.com/training/what-is-insider-trading.htm
Where can I view the filings?
SEC.gov or here (filing/view)
http://www.secform4.com/insider-trading/1110607.htm
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
Well we know those shares are locked up for at least 6 months.
" 3. Insider Trading Law
* Short-swing profits (profits realized in any period less than six months) by corporate insiders in their own corporation's stock are prohibited
* Insider transactions must be reported to the SEC by filing a FORM 4 within two business days of the date the transaction occurred (2002 Sarbanes-Oxley Act) "
http://www.secform4.com/training/what-is-insider-trading.htm
Where can I view the filings?
SEC.gov or here (filing/view)
http://www.secform4.com/insider-trading/1110607.htm
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