InvestorsHub Logo
Followers 6454
Posts 162926
Boards Moderated 4
Alias Born 06/04/2009

Re: None

Wednesday, 06/16/2010 7:42:24 PM

Wednesday, June 16, 2010 7:42:24 PM

Post# of 64332
Note, that planned sales (or purchases) are not binding and insiders can cancel them for any reason, even if they have non-public material knowledge.


What I might suggest here, is that the SELLING of stock by these insiders could merely be a strategic way to instill fear, so as to get holders to sell their shares, so that they can BUY them for themselves, or, so that others can BUY, knowing that holders will become scared when they see all of the selling.

After all, just look at what most people on the board are saying. They are all in panic mode!!!!


10b5-1 Plan: Planned Insider Purchases and Sales

http://blog.form4oracle.com/2009/09/29/10b5-1-plan-planned-insider-purchases-and-sales/